First double victory against Turihoteles and Bankia: €27,000 award, contract declared null
After signing a timeshare contract with no end date (in other words, in perpetuity), another group of clients have had their agreement declared null and void by the Spanish courts.
The former Turihoteles Vacations Club owners had also taken out finance through the resort’s lending bank, Bankia. As a deposit was taken within the first three months, the judge ordered Bankia to refund double the amount paid, along with additional compensation.
In total, the clients were awarded €27,000 – and, importantly, they are now free from the timeshare.
Well done once again to our lawyers at M1 Legal.
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