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Home > Litigation > Aifos Sentenced to Refund Four Times the Deposit to Purchaser at Balcones de Riviera

Aifos Sentenced to Refund Four Times the Deposit to Purchaser at Balcones de Riviera

September 15th, 2009

Lawbird lawyers have won a first ruling against developer Aifos on the 10th of September 2009 acting on behalf of a British client.

The client had purchased an off plan property from developer Aifos at development Balcones de Riviera, in Mijas, Málaga. The developer had breached the Private Purchase Contract because of late delivery in handing over the property.

The court sentenced Aifos to refund in full his deposit amounting to 36,700€. In addition to his deposit, the law court has ruled he is entitled also to a significant compensation as well as the legal interests accrued which amount to a further 105,321.61€. This ruling entitles him to a total refund of 142,021.61€.

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