Spain’s Marbella Squatter Fraud: British Tourists Scammed
British tourists in Marbella caught in 'squatter fraud' nightmare as police intervene over illegal villa rental, leaving holidaymakers out of pocket.
A group of British tourists have found themselves in a holiday nightmare after discovering that the luxury villa they had rented was allegedly done so illegally. The shocking revelation came to light in a TV report by Antena 3, where the tourists were seen with their heads in their hands as a lawyer, accompanied by police, explained to them that they had fallen victim to a fraud.
The luxury villa, which was rented out for up to €4,000 per week, was listed on popular property platforms such as Airbnb or Booking.com. With a swimming pool and seven suites, the villa appeared to be a typical holiday accommodation. However, the unsuspecting tourists were unaware of the legal complications surrounding the property.
The owner of the villa was completely unaware that his property was being rented out until he stumbled upon an online advertisement. He had left the maintenance man in charge of the property, believing it to be empty. Unfortunately, the maintenance man took it upon himself to sublet the villa long-term without the owner's knowledge, even going as far as drawing up contracts for the incumbent tenant.
The tenant, who is represented by a lawyer named Odon, claims that he had intended to rent out the property to tourists when he was not living there in order to help pay the rent and make a profit. The situation escalated when the maintenance man allowed different tourists to stay at the villa each week, turning it into what was described as a squatters' den.
Both Odon and Alberto, the representative of the original owner, are working to resolve the situation, as they believe that up to 60 people may have been affected by the fraud. The villa is reportedly reserved until February 2025, with reservation charges of around €1,000 per guest. The two parties are hoping to reach an agreement without involving the courts, but the sheer number of potential victims may complicate matters.
As of now, it remains unclear whether the current British guests have been asked to vacate the villa. The situation is still unfolding, and both the tourists and the property owner are grappling with the aftermath of this unfortunate incident.
Spain’s Marbella Squatter Fraud: British Tourists Scammed
Greece Real Estate Market: Residential Slowdown Ahead
Experts predict a slowdown in Greece's residential real estate market, with house price growth expected to decelerate in the coming months and years.
Experts predict a slowdown in Greece\'s residential real estate market, with house price growth expected to decelerate in the coming months and years.
Read morePortugal Real Estate Market: Luxury Trends for 2024
Explore the 2024 trends in Portugal's luxury real estate market, a prime destination for investors and buyers seeking exceptional opportunities.
Explore the 2024 trends in Portugal\'s luxury real estate market, a prime destination for investors and buyers seeking exceptional opportunities.
Read moreFrench Property Market: Recovery Signs Amidst Challenges
Discover six key insights from notaire data on the French property market's recovery post-Covid, despite ongoing low sales and prices.
Discover six key insights from notaire data on the French property market\'s recovery post-Covid, despite ongoing low sales and prices.
Read moreMetaWealth’s $1.5M Digital Funding for Athens Real Estate
MetaWealth seeks to raise $1.5M in Greece through digital currency to develop a residential building, utilizing blockchain for secure financing.
MetaWealth seeks to raise $1.5M in Greece through digital currency to develop a residential building, utilizing blockchain for secure financing.
Read moreLisbon Apartments: Europe’s Most Affordable Rentals
Explore why Lisbon apartments are the cheapest in Europe, as rents rise 4.3% across the continent, according to the HousingAnywhere Index.
Explore why Lisbon apartments are the cheapest in Europe, as rents rise 4.3% across the continent, according to the HousingAnywhere Index.
Read moreReal Estate Facts: Tiny Homes Trend in the Netherlands
The Netherlands sees a rise in homes under 50 sqm, including "flex homes." Yet, many citizens still prefer larger living spaces, warns Netherlands Environmental Assessment Agency (PBL).
The Netherlands sees a rise in homes under 50 sqm, including "flex homes." Yet, many citizens still prefer larger living spaces, warns Netherlands Environmental Assessment Agency (PBL).
Read moreAustralia real estate market: Sydney Home Prices Dip Amid Affordability Concerns
Explore the October trends in the Australia real estate market as Sydney home prices decline for the first time in nearly two years.
Explore the October trends in the Australia real estate market as Sydney home prices decline for the first time in nearly two years.
Read moreFrance’s Real Estate Market: Home Prices Decline Slows in 2024
New notaire data reveals a slowing decline in house prices across France, with a -0.6% drop in early 2024, signaling potential market stabilization.
New notaire data reveals a slowing decline in house prices across France, with a -0.6% drop in early 2024, signaling potential market stabilization.
Read moreNew Zealand Housing Market Needs Summer Surge for Recovery
ANZ Bank warns that New Zealand's stagnant housing market requires a summer sales boost to clear listings and support price recovery by 2025.
ANZ Bank warns that New Zealand\'s stagnant housing market requires a summer sales boost to clear listings and support price recovery by 2025.
Read more