Timeshare compensation: am I entitled to claim?

It is an unfortunate fact that many who enter into timeshare contracts often find themselves left with a bitter taste in their mouths, not to mention severely out of pocket. Illegal selling techniques employed by unscrupulous resorts left many customers feeling trapped in long-term, or even perpetual contracts. Contracts that were unequivocally deemed to be illegal by the Spanish Supreme Court in 2015, paving the way for many to claim timeshare compensation.

Perhaps you are one of the many who have contacted their home resort, looking to release yourself from the financial burden of your timeshare ownership, only to be told that there is nothing that they can do, because you signed a binding and permanent contract?

According to Spanish law 42/1998, any contract signed after 1998 must set a fixed term of between 3 and 50 years. Contracts signed in perpetuity after this point are in violation of the law. If this applies to your contract, you can and should look to claim timeshare compensation!

In addition, consumers are also eligible to claim timeshare compensation under the following circumstances:

• You were pressured into making a decision, without sufficient time to consider your options.
• You were not informed of your right to cancel your decision.
• It was not fully explained to you exactly how timeshare or holiday ownership works.
• You were misinformed or given unclear information regarding exactly which resort you were buying into.
• You were not told about annual maintenance fee increases, or additional costs.

How do I claim timeshare compensation if this applies to me?

The process of starting a claim alone can be a daunting prospect for many customers, with no knowledge of the Spanish legal system and a potential language barrier. For this reason, it is always recommended to use a Spanish-based, English-speaking solicitor, who specialises in timeshare compensation.

To Find out how much you may be entitled to claim, use our free compensation calculator and start your claim today!

Compensation Calculator