A cold calling Timeshare Resale Company has been brought to our attention by German timeshare owners. The company is calling under the name of Inmobiliaria La Luz in Marbella.
This company, which for the moment has only been contacting German speaking timeshare owners, is offering a straightforward resale of the membership to the Russian clients they have lined up.
These Russian clients are willing to pay a lot of money for a “property” abroad, and in fact the offer for the resale is around 85.000 euros.
Inmobiliaria La Luz explains that everything can be done quickly and they send a follow up email with all the details of the timeshare membership, the price offered and even the names of the Russian buyers.
In the follow up email it also becomes clear that to get the sale completed, the Timeshare owner needs to pay notary fees and these are a 10% over the sales price!
Details of the notary taking care of the paperwork are included as well. The name of the company is Union Internacional del Notariado and the name of the Notary is K Mcdonagh and the 10% fee needs to be paid by bank transfer to his account.
In the paperwork from the Notary it is mentioned that as soon as the owner pays the 10% (8500€) the paperwork will be completed in 5 to 10 days.
Sounds good? We think it sounds very dubious!
Research on Inmobiliaria La luz in Marbella has shown that the website from Inmobiliaria La Luz www.inmobiliarialaluzmarbella.com was registered in March 2015.
We have been unable to trace a Company House registration and neither found one for this Union Internacional del Notariado.
Asking for upfront fees is against the law.
Cold calls, guaranteed sales for outrageous amounts and upfront fees are not good signs at all and we certainly do NOT recommend having any dealings with this company.
If you have been contacted by Inmobiliaria La Luz from 0034 611 288 944 then please do let us know.
You can email us at email@example.com or place a comment on this blog.