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News: Debt Recovery

Debt Recovery
22 Mar 2019 - The Board of Presidents

We have had a great start to the year with regard to recovery of old outstanding debt.

One property has been sold on Naranjos 8 and as a result over €10k of debt has been repaid.

In addition, we have now received €24k relating to 4 properties on Naranjos 1 and 4 which were repossessed by Banco Popular in 2018.

The debt recovery process is unfortunately a long and arduous one but this is hugely significant and our thanks go to the Admiburgos team who helped facilitate these recoveries. We hope we will be able to announce further recoveries in the coming months.

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