Did you lose your money when buying an off plan property in Spain?
Claim and get your money back. No Win, No Fee.
Did you lose your money when buying an off plan property in Spain?
Claim and get your money back. No Win, No Fee.
Claim and get your money back. No Win, No Fee.

Start your claim

Did you lose your money when buying an off plan property in Spain?

Start your claim

Start your claim


Why choose Legalbono?

No Win-No Fee You only pay when we've won your case

Viability analysis at no cost We study all the abusive terms on your contract and claim them

99% success rate We have a huge amount of expertise in recovering Off-Plan deposits 

Compensation in advance If your case is viable, you could receive part of your money without putting up with long respites 

What has happened with off-plan properties in Spain?

Lots of Britons and foreigners from other countries purchased Spanish off-plan properties during the last decade. In order to do so, they had to make large deposits in advance. However, the financial crisis came along and many developers went out of business, leaving the buyers without their promised property and also without reimbursing their deposits.

Banks are meant to safeguard your money

According to a Spanish Supreme Court ruling in 2015, banks are mandated to guarantee deposits by law, keeping such amounts in a secure and independent bank account. In view of this, those affected by the loss can make a claim against the banks and get their money back.

Start your claim

You can claim if...

As we have stated previously, your deposit had to be guaranteed by law, either through bank insurance or bank guarantee. We recommend you to claim if:

  1. You purchased a Spanish off-plan property and the developer didn't finish the work or they incurred a delay.
  2. The first-occupancy license was not issued (or it was issued with delay).

To be eligible to claim, you should also meet one of the following criteria:

  1. The infringement in the developer’s obligation occurred before October 2015, less than 15 years have passed since the agreed date of completion, or if
  2. The infringement in the developer’s obligation occurred after October 2015, less than 5 years have passed since the date of completion.

Get your money back

How does it work?


By answering some questions, you will know if you qualify for claiming (and get a few extra quid in the pocket).


We have set up this brief online form to get to know your case. You can fill it out from your computer or smartphone at any time. You just have to:

  1. Answer some simple questions.
  2. Scan and send us the requested documentation.
  3. A legal expert will contact you to let you know how much money you can claim back.

Frequently Asked Questions about Property Deposit Reclaim (PDR)

Because a recent ruling by the Spanish Supreme court stated that buyers of off plan or unlicensed properties can obtain 100% deposit & interest back. We work directly with a team of legal experts to help you get your deposits back through the court under this ground-breaking legislation.

Once you have uploaded and signed the documentation required, our legal experts will assess the case thoroughly and request for a power of attorney from you, the client. From then on, we will deal with everything for you whilst updating you on the way at frequent intervals.

Most cases take from 12-24 months to complete. However, depending on the case, type of documentation you have, the Court’s backlog and other variables, some cases could take a bit longer. A usual claim will develop as follows:
1. We obtain the necessary documentation from you and we formalise an extrajudicial complaint.
2. In most cases, we need to confirm your payments to the developer currently under insolvency proceedings. This process is the slowest but it is a necessary step to ensure the success of your claim.
3. Once confirmed, we contact the bank to pay, negotiate or get a settlement.
4. If the bank doesn’t reply or their response is not satisfactory, we will file the lawsuit and start the judicial process.
5. Once the lawsuit has been filed, the matter is officially in the Court’s system (quite lengthy sometimes) and will follow the judicial procedure. We will keep you posted with our monthly progress report.
Please be aware that should you not be able to provide us with a copy or the original contract signed with developer and proof of having paid the amounts from your account to the specific account held by the developer, we could try to request this documentation on your behalf before filing the lawsuit. In these cases, your claim could be delayed as we won’t be able to start the claim until we get those documents.

The basis for the claim for a refund of a deposit for an off-plan property in Spain has been established by a series of Spanish Supreme Court cases, the latest of these was December 2015, which established the following:

  • A developer is legally required to provide a Bank Guarantee to the buyer where the property is not yet finished and where no Licence of First Occupation (LFO) has been obtained.
  • The full amount of money paid prior to completion of the Spanish Property is guaranteed, not just the amount set out in the guarantee, even if this right appears to have been waived by the buyer.
  • It is the developer’s obligation (not the buyer’s) to ensure that deposited funds are placed in a special account. The fact that the developer did not do this does not affect the buyer’s rights to a refund of deposits paid.
  • Even if the developer did not comply with their legal obligation to give the buyer a bank guarantee, the bank with whom the funds were held is still jointly responsible for refunding this money to the buyer because the bank has a duty to ensure that the developer complied with its legal obligations.
  • The bank (or insurer who issued the guarantee) are jointly and severally liable which means that the buyer can sue the bank or the insurance company without having to first sue the developer.
  • The banks can be sued regardless of whether there was a bank guarantee in place or not.

Even though no claim can have a 100% success rate, Off-Plan Property claims are accepted in a very high percentage and, unless your case is very peculiar, we are very likely to win your claim. Anyway, remember that we operate under a "no win, no fee" policy, so, in the remote case that we get an unsuccessful outcome, you would not have to pay for our services.

If you have lost money when buying off plan property in Spain, Legalbono can help you.

You just have to upload the documentation required and we will arrange a free assessment of your claim with no obligation, to see if you are eligible to get the refund of the money you have lost in relation to your Spanish property deposits.

You can only claim for a refund once, so we advise you to choose Legalbono to get your money back. We have been handling this kind of cases since 2006 with a 99.9% success rate.

All consumers can institute a claim against the bank on the context of a breach of agreement considering that money was paid for a house and it was not delivered within the expected timeframe.

You can’t get the property you invested in but if we win the claim, the bank must return you ALL the money you paid in advance.

If you start your property deposit claim as soon as possible and the documentation that supports the amounts advanced and contract are provided, the chances of recovering the money are very high.

The banks are responsible for any irregularity committed by a third party in many cases. If for any reason, a developer is faced with conflicting costs should naturally constitute an endorsement of a solvent entity to support any delay in construction. By failing to do so, he has left you, the helpless consumer, unable to recover that money. Thankfully, your chances of recovering your lost funds are high because a bank is jointly responsible for a foreign business.

The statute of limitations for this claim is fixed at 15 years if you entered into the contract before October 2015, being October 2020 the ultimate deadline for issuing a claim. It is 2 years counting from the date the developer breached the contract if you signed the contract after January 2016 and a bank guarantee has been provided.

The minimum documentation we need to start your claim and get your money is the following:

  • Contracts signed with the Developer .
  • Proof of all payments.