Diamond Timeshare Claim Victories

In recent years, it has come to light that one of the globes biggest timeshare giants, Diamond Resorts

have unlawfully taken advantage of holidaymakers through their wrongful investment schemes – leaving tens of thousands of timeshare investors in financial jeopardy.

As their illegitimate actions continue to be uncovered, we at The Nordic Consulting are on hand to shed further light on how we can act as your Diamond lawyer and guide you through the process of opening up your Diamond claim.

Renowned as the best timeshare lawyer in Spain, we already have an excellent track record of opening various cases against the resort – thanks to our range of timeshare exit strategies and team of trustworthy, multilingual lawyers. Those of who are currently preparing a range of new legal actions which are designed to assist those timeshare owners as they battle against these wrongful resorts and their improper strategies. 

Due to these highly-effective procedures, we have successfully helped timeshare owners not only exit their ongoing timeshare agreements, but also retrieve back their down payments and award attorney fees. For example, our latest victory was in May 2020, where our client received €38,971 in damages.

Exiting your Diamond Timeshare and How to Open Your Claim

It is never too late to file for legal action against your timeshare resort – with new wins coming through to our team each month. We also like to show how dedicated we are to our clients, and our team is always on hand to guide you through the processes of seeking damages, retrieving back your deposit and exiting your agreement.

You can reach out to us today by visiting our website and you can arrange to have a consultation with one of our industry experts. During this time, they will review your paperwork (without charge) and provide you with the relevant advice and options in regards to your claim.

Are You Seeking A Club La Costa Lawyer Since They Dissolved Their Timeshare Sales?

Here The Nordic Consulting has your back.

Since their sudden announcement in October 2020, a surge in litigants reaching out to The Nordic Consulting has been seen, seeking advice and guidance on how they can dissolve their timeshare contracts with Club La Costa and the following related companies:

  • Club La Costa (UK) plc en España (Spanish Branch)
  • Continental Resort Service, S.L
  • Paradise Trading, S.L
  • California Beach Hotel S.L
Club la Costa Timeshare

As one of the most renowned lawyers in Spain, and due to their team of expert lawyers and their unparalleled experience working within this field, The Nordic Consulting already has an excellent track record of helping clients claim back over €125,200 from the resort.

Prior to them dissolving their timeshare sales, Club La Costa had been moving clients towards its newer models of real estate investment. Unsurprisingly, they had decided upon this strategy in order to avoid being sued by those litigants who were sold illegal timeshare contracts. To which now when processing a claim, this recent news will only enhance your chances of receiving compensation granted by the courts.

Club La Costa Resorts to Remain Unaffected.

Despite their move in regards to timeshares, the company themselves announced that their resorts would remain unaffected leaving them “available for CLC members and guests to use – without exception”. So, in light of the current situation, there is no need to worry if you’re planning to continue using your Club La Costa membership or ownership for the foreseeable future.

Seek Our Advice Today.

If you’re worried about the Club La Costa Timeshare contract that you have signed (whether it may be due to an illegal point system or because it has a long, illegal duration) reach out to us today to book a consultation. During this time, our lawyers will review your paperwork (without charge) and provide you with the relevant advice and options in regards to your claim.

Effective Tips to Find the Right Timeshare Lawyer

Timeshare Lawyers

Timeshare law is one of the trickiest areas of law, one which requires a high level of expertise and extensive experience to deal with.

The concept of a timeshare is very popular in Tenerife as people invest in a lot of timeshare properties by several joint owners as a vacation home.

Since there are many people involved in a timeshare agreement, however, the chance of something wrong increases. That’s why you need a high-acclaimed timeshare lawyer like Alex Farhoud Tenerife who can help you cancel the timeshare if in case anything goes wrong.

With plenty of timeshare lawyers available in every nook and cranny, choosing the right one for your timeshare agreement can be an overwhelming task.

It is highly advisable to research well and choose a Silverpoint timeshare lawyer in Tenerife who has been in business for several years and has experience in handling complex timeshare cases, including Silverpoint.

Below listed are some of the effective tips that will help you find the right timeshare lawyer to help you get rid of non-performing timeshares and related investments.

  • Experience in timeshare law

As mentioned previously, timeshare is one of the trickiest areas of law. If you are searching for a timeshare lawyer, make sure you hire the one with extensive experience in the industry.

Experience plays a vital role in ensuring a high level of expertise when it comes to hiring a timeshare lawyer for reliable legal services. Hiring an expert will improve the chances of the case tilting in your favor.

Silverpoint Timeshare Lawyer

  • Reviews from previous clients

Another thing that you should look when hiring a timeshare lawyer is the review and feedback left by the previous client. This is extremely important as it gives you a fair idea of what to expect and also provide you with details about the number of cases won or lost by the lawyer.

  • Availability and accessibility

When hiring a timeshare lawyer, make sure you choose one who is available to assist you in all your questions and queries about the case.

Never hire a lawyer who is always flooded with work, as the chances of him even paying attention to the finer details of your case reduces and can result in you losing the case.

In conclusion, these above-stated are some of the tips that will help you find the right timeshare lawyer.

Things to Consider Before Buying a Timeshare

Purchasing timeshare is popular and a good option as it guarantees people vacation time since they often come with fixed annual dates for right-of-use.

On top of that, timeshare resorts offer larger accommodations as compared to the hotel room and more in-room amenities, such as kitchens and washing machines.

The best part of buying a timeshare is that the owners can also exchange their shares for accommodations at other resorts around the world.

With numerous benefits of a timeshare, most of the people consider investing in them, thus, it is exceptionally important to seek assistance from a highly-acclaimed legal professional i.e. Ali Farhoud Tenerife.

Timeshare Advice

Investing in timeshare can be complex for a layman due to lack of knowledge, thus, it is highly advisable to seek help from an expert like Alex Farhoud Tenerife before investing in a timeshare.

There are plenty of legal firms offering a wide range of legal services, including assistance on complicated investment matters.

However, it is highly advisable to research well and get in touch with a reputable legal firm that has been in business for several years providing exceptional legal assistance on investment matters, including timeshare.

Ali Farhoud Tenerife

Below listed are some of the things to consider before buying a timeshare.

  • Don’t pay full price

Similar to real estate transactions, the price is usually negotiable. However, when you are planning to purchase a timeshare, you must check the price. With plenty of timeshare options available, you have got leverage when it comes to price.

  • Know what you are buying

Before you are planning to invest in timeshare, you must know what you are buying. It is exceptionally important to weigh the pros and cons, then after consider investing in a timeshare.

  • Beware of scams

It is extremely crucial to research well, compare and beware of the scams, thus, it is advised to get in touch with a highly-acclaimed legal professional to get guidance on timeshare so that you invest wisely and get desired investment results.

These above-stated are some of the things that one must consider before buying a timeshare.

How to Select an Excellent Lawyer for Legal Assistance?

If your legal problem is complex or involves a lot of money, you might not want to handle the entire matter without a lawyer.

Ali Farhoud Tenerife

Nordic consulting lawyers help you provide legal assistance on major investments or matters related to timeshare. If you are stuck in timeshare matters, then it is highly advisable to search for timeshare lawyers Spain.

Getting in touch with highly-acclaimed lawyers such as Ali Farhoud and Alex Farhoud helps you get strategic advice and apply sophisticated technical skills to legal problems.

Locating a good lawyer who can efficiently help with your particular problem whether it is investment-related or any other is not an easy task.

Don’t expect to locate a good lawyer by simply reading an advertisement or looking in a phone book. There is no enough information in these sources to make a valid judgement.

Excellent Lawyer for Legal Assistance

Below listed are some of the useful tips that will help you select an excellent lawyer for your legal assistance.

  • Personal referral

One of the most useful tips is to talk to people in your community who have experienced the same problem you face. For example, if you have invested in wrong property, then it is advisable to connect with someone who has been out of that similar situation.

But it is recommended not to decide on a legal professional solely based on someone else’s recommendation. It is important to take the final decision after deep analyzing.

  • Check the online reviews and testimonials

When you are considering to choose a legal professional, then it is important to check the online reviews and testimonials of both the legal firm as well as a legal professional to ensure quality legal assistance services.

  • Choose a specialized legal professional

It is important to choose a legal professional who has worked in similar cases as of yours because hiring a specialized legal professional helps you get the best possible assistance on legal matters.

These above-stated are some of the useful tips that will help you select the right lawyer for your particular assistance on legal matters.

6 Tips to Make Smart Property Investment in Spain

Real estate is currently the most fashionable investment asset in Spain, which has increased the rentals. Spain is attracting real estate investors from all over the world, so if you are planning to invest in real estate sector in Spain, it is better to have some prior knowledge of the market. You can also take expert investment advice from Nordic Consulting Canary Islands or follow these tips to make smart property investment in Spain.

Weigh Up the Pros and Cons

Do you want the property to rent or sell? Acquiring a property for rent purpose can give you extra monthly income and a property in progressive reevaluation. There is also the option of timeshares that offer higher income than traditional rental, guaranteed payment in advance along with providing a comfortable vacation home. But one must stay aware of suspicious companies like Excel Overseas Holdings.

Property Investment in Spain

Choose property based on investment objective

The type of property you buy will vary according to the investment option. Furnished properties with one or two bedrooms are ideal for short term rental but those who have long term plans should invest in well distributed 2 or 3-bedroom, exterior apartment with a parking space as well as lift.

Go for Big Cities and Tourist Enclaves

If you are investing with the intention of selling the property, it is best to opt for Spanish cities such as Barcelona and Madrid where the market is quite dynamic. It is also advisable to buy in the provincial capitals like Palma de Mallorca, Santa Cruz de Tenerife, Pamplona, Alicante, Gipuzkoa or Murcia, areas that are witnessing more revaluation of housing prices. Location plays a vital role especially in renting. Barcelona, Madrid and San Sebastian are most expensive cities but one can also consider touristic regions like Costa del Sol for investment, and it is due to the growing demand of second homes in this region.

Choose Properties in Good Condition

In case of rental, you should keep in mind that your property must be in good condition to attract tenants. If you renovate the place after you buy, you must ensure that the purchase price is low and the property doesn’t possess any complicating factor. This is the only way to make the remodeling affordable.

Do You Know Club Paradiso Is Closing Most Of Its Resorts?

Club Paradiso is selling or closing most of its resorts and many investors aren’t even aware of it. For instance, the Paramount resort in Los Cristianos, Tenerife is now shut. Owners arriving at the resort are offered alternative accommodation at the nearly located Hollywood Mirage, but they soon discover there is an additional cost despite paying their annual fees.

San Filipo in Tuscany has been sold along with Dora Bay in Dubai. Anglers Reef in Florida is also in the process of being sold and they are resorted to remaining townhouse.  Golden Sands in Malta will stay for the time being, because it is owned and operated by a separate company, Azure. Kentisbury Grange located in Devon will is probably the only resort available for private bookings and not for club members.  Nordic Consulting Ali Farhoud is being informed by Club members that by the end of July the entire Paradiso system will be shut apart from Malta.

Club Paradiso Resort

Where Does This Leave Club Paradiso Members?

With a whole series of liquidations and closures including Signallia, Keys Concierge, Excel Overseas Holdings and now Club Paradiso—now is the ideal time for members to file a claim against Silverpoint and all its associated companies in order to file return of monies spent on membership.

Many Club Paradiso owners have reached their current levels of membership through a complex series of failed sales and resales of other products bought from Silverpoint and resort properties over the years. Typically, club members have spent thousands of pounds just to face what they are facing today. Despite many negatives, there is a good news that can make your day. Now it is possible to recoup the money from unprofitable investments like Excel Overseas Holdings money legally through the courts in Tenerife.

Reach out to Nordic Consulting Ali Farhoud, a leading provider of litigation services against Silverpoint and Club Paradiso. The company has already helped a number of clients, stuck in similar cases, and in most cases the court has declared the contract as ‘null and void’.

Know Everything about Silverpoint Crisis

The Silverpoint internal “blame game” is now becoming public and it is indeed making headlines. There is a series of interesting blogs through an anonymous source—most likely the director of Silverpoint who has finally spoken out. This case is taking new turns and those who entrapped in Silverpoint deals often seek property tax advice Tenerife from an expert attorney.

Where Is The Money?

The recent data explains how the money is controlled by an offshore trust. The trustee is a bank, and Bob Trotta and his wife Ragni were the original sole beneficiaries of the trust until the death of Bob in December 2017. Now it seems that different family members from Trotta family are trying hard to protect their inheritance.

Over the years the trust moved money through complex network of companies and to evade taxes, the money was often designated as “intercompany loans”. Apparently, everything was planned by Bob Trotta and financial architect Kwang Boon Sim. To protect the business from cash flow issues, Millions of pounds of ELPP investment money was sent to Excel Overseas Holdings Limited. It is claimed that this money was used to support Limora Group companies.

Excel Overseas Holdings

What Is Happening Now?

The trust and the Trotta family have purchased a firm Alvarez and Marsal of the Cayman Islands in order to extract maximum possible wealth. It is a large insolvency company which is also known for asset stripping—a practice of taking over a company in financial difficulties and selling each of its assets separately in order to earn maximum profit with no regard for company’s future.

What Can You Do If You Are Affected By The Silverpoint?

With a whole series of liquidations and closures, now is the right time for members who invested in company participation scheme to file a claim against Silverpoint and its associated companies while they are active.

Nordic Consulting can help people who are stuck in this problem as it has also handled similar cases where court declared such with investment contracts as ‘null and void’.

What Is Timeshare? A Vacation Haven or a Scam!

Though timeshare is quite popular but is it just a fancy term or does it really offer worthwhile outcomes. Let’s understand every bit about timeshare here!

Although a prudent purchase for some, timeshares can end up a burdensome deal for others who find themselves restrained to an expensive, unusable and unsellable property deal. To avoid any displeasing circumstances, buyers must make sure they have all the required information they need before signing their names on the dotted line or you can take expert assistance from Ali Farhoud, who is expert in it.

What Is Timeshare

Timeshares Are Not an Investment

Representatives pitching timeshares often tout the surging price of units as an evidence that they are a good investment. However, this pricing factor only applies to new units, not to resale market. In fact, timeshares tend to decline in value quite quickly.

Know the Original Price

One of the selling points of timeshares is the fact that future vacations can be financed well in advance. In fact, most timeshares continue to be paid during the tenure they are being used, in the form of maintenance charge which may rise over time. also, if you are considering paying for timeshare deal via loan, you must know the final number beforehand.

You May Not Get Exchange Offer

According to experts, one of the greatest benefits of timeshare is the ability to exchange: if you get bored of visiting same place every year, just trade or exchange your timeshare with someone else. However, not all timeshares are entitled to this grandeur facility, making them difficult or impossible to exchange.

Promotions Can Be Misleading

Many timeshare investors are forced into making their purchases during infamous timeshare presentations. Lured by attractive promotions, free meals or cheap weekend gateway, they are pressured to sit through prolonged sales pitch; many succumb to deceiving tactics and fake promises about the quality of property, its value, its resale and high exchange prospects. If you do receive any such promises, get them in writing before signing any document. If you feel you have been lied to or misled, consult Nordic Consulting for timeshare compensation claims.

Know The Company’s rating

Some timeshare companies are just little more than scams. Be cautious about such companies that in exchange for a hefty fee, promise title deeds of timeshare and then step back. If you have any doubts about a company’s integrity or credibility, check if it is a member of the Bureau along with customer testimonials.

If you feel doubtful at any point of time, it is best to consult an expert attorney who can strongly support or represent your case in Spain court.

What is Spanish Shared Ownership and Partial Ownership Investments Tenerife?

Partial Ownership Investments

Spanish Shared Ownership

It is the joint ownership of the freehold of a luxury property where each person owns a quarter of the freehold property. It is the ideal way to own a luxurious holiday home. This is because it offers you the standard you require and eliminates the cost and hassle associated with owning and maintaining a property all year round.

It works in exactly the same way as outright ownership where the property is yours to keep until you decide to sell. It is likely to benefit from capital appreciation and on selling your share, any profit is yours to keep. Where it differs from outright ownership is that there is more than one legal owner, indicating the fact that the property is split into equal shares.

Spanish Ownershare specializes in shared ownership with 4 owners per property. All owners have an equal stake and each owner is entitled to 3 months use per year. Owners are free to switch weeks amongst themselves or to rent the property out during their allocated time periods. This has to be done through the property management company.

Partial Ownership Investments Tenerife

Partial Ownership Investments Tenerife includes schemes such as a group of buyers owning shares in a property-owning company and part-ownership between families, friends etc. Some developers offer a turn-key deal in which a home is sold fully furnished and equipped. It allows you to recover your investment in savings on holiday costs and still retain your equity in the property.

Part-ownership or fractional ownership Tenerife offers access to a size and quality of property that would otherwise be unimaginable.

It is much better value than a timeshare and needn’t cost much more. A water-tight contract must be drawn up by a skilled lawyer to protect the part-owners’ interests.

One of the best ways to get into fractional ownership CANARY ISLANDS if you can afford it, is to buy a property yourself and offer shares to others. This overcomes the problem of getting together a consortium of would-be owners and trying to agree on a purchase in advance, which is difficult unless it’s just a few friends or family members.

Many people form a Spanish company to buy and manage the property, which can in turn be owned by a company in the part-owners’ home country. Thus, disputes can be dealt with under local law.

Design a site like this with WordPress.com
Get started