A new resale company has been reported under the name Grupo G.E.I. supposedly based in Madrid.
Grupo G.E.I. contacts the Timeshare Members by phone and tells them that a company is interested in acquiring their weeks and the price offered is well above the current market price.
According to the testimony received from some Members, the buyer who allegedly would be interested in buying their weeks, is an important international company, GRUPO EROSKI DISTRIBUCION SA España, and Grupo G.E.I. even provides Members with a contract that seems to confirm that.
As usual with this type of business, Grupo G.E.I. asks the Member to pay fees in advance, and again, we ask ourselves how is it possible that these people are not aware of the European Timeshare Directive which clearly confirms that Pre-paid fee requests are not allowed when it comes to reselling timeshare weeks.
This is similar to the actions of all the other resale companies that are constantly forming and disappearing, and we strongly advise against paying money to this kind of company.
NEVER PAY IN ADVANCE!
Grupo GEI, B84331974
Legal representative: Matias Cortes Rivas.
C / Hermanos Becquer 8, Madrid.
Telephone: 0034 91 1234 400
The website www.geigrupo.com was registered in January 2018.
On the site there are some confusing details about this company and other company names mentioned.
The coordinates on the web are in the United States, which makes no sense.
If Grupo G.E.I. contacted you from +34 911234400 with this offer or a similar offer, please let us know.
You can send us an email at firstname.lastname@example.org or leave your comments here on our blog. In both cases, we will answer you with more information.
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