The Court of First Instance nº 24 of Seville sentenced the financial entity Banco Santander to return more than 88.000 € to 6 clients of Bufete Salmerón.
The court ordered the financial institution to pay the money paid by a series of buyers of homes located in Campofrío (Huelva), Campoalto Development, as well as to pay the costs of the proceedings. The developer is the company Asesores Inmobiliarios Campofrío S.L.
According to Fernando Salmerón, Director of Bufete Salmerón who obtained this ruling, it confirms that the Bank must guarantee the deposits of the off-plan buyers, guarantee and ensure that this money is paid into a special account, and if not, pay these payments on account with interest if the Developer does not complete the construction and delivery of the homes on time.
Thus, the ruling expressly states: