The local online news and information magazine Gran Canaria Info, has been following many of the events over the past year in regards to the ongoing story at Anfi.
In its latest article it explains very simply what has happened so far this year. The first part of the article explains the selling of the Lyng family´s 50% share of Anfi to IFA Lopesan. This is a well known hotel group in the south if the island, having major luxury hotels in Meloneras.
The question they posed is what does this mean for Anfi owners?
Lopesan has stated that they so far have no major plans for any changes at Anfi, or how it is run. Owners would not notice any changes, Lopesan maintained they are committed to the timeshare model which is Anfi´s main business. They also stated they plan to continue with the Tauro development project in it’s current form.
It is expected that Lopesan with its extensive funds should actually make Anfi better for owners, improving the facilities and updating the accommodation.
As for the Tauro beach project, it was reported last week that the first prosecution has been filed with the Court of San Bartolomé de Tirajana, against the former head of the Canarian Coastal Authority José Maria Hernandez. The charge is one of administrative malfeasance (wrongdoing in public office) and forgery of official documents.
At present it is not known what the implications of this case will have on the beach project or the development of the Tauro valley. What is known is Anfi and the new partners Lopesan will have to apply for new permits to continue the development of new hotels and shopping center in the area behind the beach.
The article then goes on to explain in a simple way the laws and how they may affect owners, the changes such as perpetuity contracts, floating and points systems as well as deposits within the cooling off period. It also highlights how Spanish law works, also stating that “no win no fee” is not allowed in Spain and there will be costs involved in taking the case to court.
Gran Canaria Info is a valuable resource for expats and those on holiday, it highlights much of the news on the island and is one of the few English language news outlets giving concise and factual information. For the full article click on the link below.
If you require any further information on this article or any other timeshare matter, contact Inside Timeshare and we will be pleased to help.
The post Gran Canaria Info: Explains Recent Developments at Anfi. appeared first on Inside Timeshare.