HIGH COURT DECLARES ANFI CONTRACT NULL AND VOID AND ORDERS TO RETURN PURCHASE PRICE IN DOUBLE
High Court number 5 of Las Palmas has declared on of our clients contract with ANFI null and void basing the ruling on a recent Supreme Court sentence from earlier this year applicable for all timeshare resorts in Spain.
The sentence explains that timeshare contracts with floating weeks are illegal, as the object, a main and essential part of the contract is not determined.
The judgment also studied deeply the prohibition of taking deposits within the first three months of signing the contract, even if it was paid to a trustee. The magistrates maintained their earlier point of view when declaring it unlawful and ordered Anfi to pay it back to our client in double as a way of compensation as per the timeshare law.
Our British clients will be receiving the double of their original purchase price plus interests, amounting to over 33.000€.
If you are a timeshare owner and think that your contract could be affected contact us NOW.