Palm Beach Club—A Problem Area for Investors

Palm Beach Club is a beautiful property located near to Costa Adeje Beach in Playa de las Americas. The hotel complex is known for its on-site shopping centre, restaurants, a supermarket, and fully-equipped units, most with sea views. The place can provide heavenly experience to tourists but it also attracts the attention of investors, looking for a profitable property or timeshare investment. Sadly, there has been instances in which investors have failed to earn the expected revenues as they were deceived by attractive rent agreements.

In 2014, many investors were promised that they would get an apartment with title deed which they haven’t received till date. Investors were even told that this a guaranteed deal and they will receive complete refund if anything goes wrong but all these things were tactics to lure the customers.  Amid all this chaos, one question that hits the mind of every Palm Beach Club Tenerife investor is, ‘what is the possible solution for this?’

The answer is simple; they can get in touch with The Nordic Consulting CI which has a team of experienced lawyers who have submitted multiple lawsuits in the Spain courts on behalf of Palm Beach investors so far. In that sense, they are well versed with the legal procedure involved and can always give you adequate guidance in this regard. 

There have been multiple judgements on similar cases in the past in which court has declared contracts as ‘null and void’ and have ordered the repayment of monies to investors along with legal cost and interest. As the rumours of Silverpoint’s imminent bankruptcy are circulating, starting a legal action at the earliest can be beneficial for investors. If you have made such an investment in Palm Beach Club Tenerife and worried about your returns, you should contact The Nordic Consulting CI to resolve this matter and get your money back smoothly.