We have been asked by several Scandinavian Timeshare owners about the company Continental Travel who claims they are located in Madrid.
Continental Travel cold calls Timeshare Owners and offers them a guaranteed resale. They are so successful that they have already buyers waiting and money has been paid into an”Escrow Account”.
Amounts of 30 to 40 thousands euros are mentioned for the Timeshare Memberships.
All the Timeshare owner needs to do is pay a security deposit to Continental Travel of 3000 euros in order to get the sale processed and completed.
Research has shown that there is no such company registered by the name of Continental Travel in Spain.
We also know that asking for a (refundable) deposit or security payment for a Timeshare resale is against the Timeshare Directive and considered illegal. It would be very strange if an honest and genuine resale company would not know about this law and ask for this money.
Contact details of Continental Travel are their address: Calle de la Basilica 19, 28020 Madrid – España
Telephone: +34 634 072 880 and Fax: +34 917 693 079
They don’t seem to have a website.
Seen the above information about Continental Travel or lack of information, we would certainly NOT recommend having any dealings with this company.
If you have been contacted by Continental Travel from 0034 634072880 in Madrid, then please let us know.
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