Irish investors sense success in battle to recoup deposits for holiday homes that were never built after the 2008 crash

Spain's supreme court emphasized that financial institutions are responsible for refunding deposits, offering hope to investors who lost money during the property crash.

Salmerón highlighted that his firm has successfully navigated more than 100 off-plan property cases for Irish clients, indicating a strong precedent in seeking justice.

This ruling and ongoing litigation demonstrate how crucial it is for investors to know their rights regarding bank guarantees when investing in overseas properties.

The widespread issue of off-plan properties not being built left tens of thousands of investors financially burdened, showcasing the vulnerabilities of overseas property investments.

Read at Irish Independent