A new consumer alert for yet another dubious Real Estate called La Cascada S.L. with a supposed address in Plaza del Pacifico 7, 09007 Burgos, Spain and telephone numbers +34 698711352 (Spanish mobile) and +34 912 184 219 for fax number. (Area code 91 is Madrid not Burgos)
This company has the usual dodgy way of other dubious companies to cold call timeshare consumers and explains to them how successful they are in reselling and as a matter of fact they have a buyer lined up.
They are very understanding about the fact that a cold call out of the blue for a resale with money going into an escrow account, sounds too good to be true, so they will send off the paperwork first for the consumer to have a look at.
The paperwork has an introduction to what La Cascada S.L. is about, sales of villas, Bungalows, businesses, land and even hotels…and of course timeshare..
They employ high qualified staff to assist the consumer in all the matter related to the sale of his property.
Well sounds all great. Only a shame that the Company registration number they quote on the paperwork is FAKE, the company is not registered at all and there is no Real Estate on the Plaza del Pacifico in Burgos.
In the paperwork they also explain the seller has to pay UPFRONT a 9% of the resale price which will go into an escrow account. That’s another timeshare resale broker who hasn’t heard of the New Timeshare Directive where upfront fees for resale’s are banned!
Have you been called by La Cascada Real Estate? Please let us know!