Undelivered
properties

Undelivered
properties

The economic crisis meant that many people who purchased properties under construction who had paid out significant sums of money in the hope of having a house not only were not delivered their property , they have also been unable to get their money back due to the developers going into liquidation.

How do I get my money back?
How do I get my money back?

How do I get my money back if the developer is insolvent? 

The banking entity that guaranteed the developer to those purchasing properties from the development is liable under Law.

Am I still in time to claim from the bank?

I purchased my property in 2007 and I have not been able to recover anything back.Am I still in time to claim from the bank?

Yes.The deadline for making a claim is fifteen years, and under Law you can claim until 7 October 2020

How much can I recover?

Under Law, you can recover the amounts paid as a down payment, plus any legal interest generated by these amounts since their payment.

What documentation do I need to do to make a claim?

The main documents you need to collect in order to make a claim are the contract of sale and documents that show payments made to the developer.

Getting my money back

Getting my money back

What is the deadline?

Amount to recover

Documentation required

Simulator

Simulator

This calculator allows you to work out how much money you are entitled to claim. Follow the instructions below to calculate this amount:

Undelivered properties

Required field
Invalid year

Total amount to be claimed

0 €

*Rough figure to be checked by experts. According to provisions of Law 57/68.

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