On September, 11 2006 Aifos have been sentenced to refund the deposit to a British client represented by Lawbird.
The client had purchased an off plan property at development Jardines de Torrequebrada, Benalmadena, Málaga. The developer had breached the Private Purchase Contract because of late delivery in handing over the property.
Even though the plaintiff´s petitions were not fully attended to, A.I. has managed to recover her down payments lodged with Aifos in 2002 for a property she never got at the Jardines de Torrequebrada development, plus moral compesation and the legal interests accrued. In all, the Court has ruled that Aifos is to return twice the amount paid by A.I.
The plaintiff is reviewing her options on advice of her lawyer and is considering appealing the ruling to obtain a higher compesantion package.
Update: Our client was refunded 39,452.12€ in total.