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Victory in Court for Property Owners at Golden Beach Complex

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More than 50 British families have won a five-year court battle in Turkey to recoup millions of pounds they ploughed into a holiday property complex.

The victory has been described as a landmark victory in Turkey as for the first time, the landowner and builder were successfully pursued through the courts by foreign-based claimants.

http://www.telegraph.co.uk/finance/personalfinance/expat-money/11317837/Britons-win-Turkish-property-payout-ruling.html

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This was dated Dec 2014, has anyone seen any money yet?

 

Chickens and hatching come to mind here.

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There is NO Happy ending to this. The Builders of Golden Beach Complex Didim Design Group went bankrupt as a limited company.

Golden Beach Complex Landowner was ordered to pay the monies back to Buyers but had other debts that took priority.

This is in dispute in Turkish courts still at Ankara.

 

http://old.voicesnewspaper.com/modules.php?name=News&file=article&sid=5526

 

 

http://www.turkishliving.com/forums/altinkum-forum/19442-golden-beach-complex-124.html

 

Ken Grubb likes this

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