A little closer to home for me, Polaris World one of Spain’s largest holiday home developers, appears to owe quite a bit of money to Murcia town council!
In this report by VegaMediaPress, they suggest that Polaris World is having problems getting banks to guarantee their loans. I haven’t been able to find another source to cross-reference this information, so I do not know how accurate it is.
In other Polaris World news, they’ve bagged Woody Allen to play at the InterContinental La Torre Golf Resort Murcia for News Year’s Eve!
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Tags: bank guarantee, polaris world
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That’s true indeed. I am a spanish buyer with problems with Polaris World. I seems Polaris is insolvent now. Because of that there ir a huge delay in handing the properties. I do not know if you are aware in England that you can get your money back plus legal interests.
For further information you can visit http://www.foroconcursoacreedores.com/polaris-world/polaris-world-inglesThere you will find news about the current situation of Polaris World and you can check if you could claim your money back.
It is worth it to have a look!
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