Pana travel Online, a dubious resale company based in Madrid


Cold caller Pana Travel Online claims to be a resale company for timeshare memberships and is targeting mainly Nordic timeshare owners.

Their cold calls are very convincing, and they seem to have a professional attitude towards the business of timeshare resale.

The agent from Pana travel Online creates a sense of trust and re-assures the timeshare consumer that everything will be done as per the rules and laws.

Once the Timeshare owner has shown his interest in selling his membership, he receives an email from Pana Travel Online with the resale offer and a kind of pre-contract to agree on the sale.

In this contract it is explained that the buyer of the membership already paid a deposit and it is also expected from the actual seller that a payment will be done for administration costs and as a security the seller won’t pull out of the sale.

An amount of around the 3000 euros is requested, but the timeshare owner is assured that this money will be refunded once the sale has been processed.

In order to pay this amount the owner needs to do a bank transfer into a Spanish bank account under the name of an apparent English individual.

Not only the cold call seems to be a sign that this company might not be trustworthy, but it is also the payment upfront, which is illegal, and the supposed sales price, which seems rather high compared to all other resale companies.

Research has shown that there is no such company as Pana Online Travel at the given address in Madrid; Calle General Castaños 4, 28004

Their email address is which is not linked to the actual website they mention on their paperwork which is a website of a travel search engine and has nothing to do with timeshare resale’s or companies based in Spain.

To top it all of, they use a Spanish mobile phone for contact +34 604 289 515

Seen the above information we can certainly NOT recommend this company and would insist that no money should be paid to this company for the supposed resale of a timeshare.

If you have been contacted by the agent of Pana Travel Online with phone number 0034 604289515 then please let us know!

You can email us at or place a comment on this blog.

Hvis du har blitt kontaktet av agenter Pana Travel Online med telefonnummer 0034 604289515 så vennligst gi oss beskjed!

Du kan kontakte oss på eller plassere en kommentar på denne bloggen.

About mindtimeshare

Mindtimeshare SLU is registered Company reg number: B35957182 Mindtimeshare provides assistance to timeshare owners who have been defrauded by holiday clubs and bogus resale companies. The Mindtimeshare project was launched in February 2011. After dealing with timeshare members over several years who had been defrauded by numerous bogus companies and for large amounts of money, I considered launching an Organisation to help timeshare owners that have been targeted by bogus companies. On this blog you can find information about the different active scam companies and their “modus operandi” and also place comments, ask questions and see comments from other consumers who have the same doubts or have been through the same experience. Mindtimeshare has resulted in a huge success and has received the back up from not only timeshare consumers but also from the professionals in the timeshare Industry. Mindtimeshare helps timeshare owners who have been scammed by bogus Discount Holiday Clubs; bogus cash back companies; fraudulent timeshare resale companies; bogus class action companies and false lawyers and notaries. We offer professional answers and advice to Timeshare users. If you want to send an email instead of posting a comment on the blog please do so by emailing:
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4 Responses to Pana travel Online, a dubious resale company based in Madrid

  1. Arne says:

    I have received 3 emails thus far. And replied this evening. And await there reply. Which I will post

    • David & Pauline says:

      Wished we saw this website before we handed over €5000. DO NOT DEAL WITH MARCOS SANCHEZ OF PANA TRAVEL. We were given forms and letters from Pana Travel; a Spainish Bank and solicitors. All now not contactable after giving over the final monies which was for so called capital gains tax.
      We were sucked in, it all sounded just what we wanted,as we have a Lion Resort membership that we want to get rid of. Therefore not paying further maintenance fees.
      We feel very stupid to be taken in so easily.
      Does anybody know if we can involve the police?

  2. John says:

    Has anyone had dealings with Praetorian Legal and are they part of monster rewards?

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