El Patio de Doña Julia sold to the Bank

The development known as El Patio de Doña Julia, built by developer Evemarina is poised to become a real mess if our fears are confirmed. The chronology of events leading to Evemarina´s insolvency is known to those involved, except for the fact that the developer may have sold the whole development on the 21st of August 2009 to a company associated with Caja Rural, the savings bank financing the development.

If the above is confirmed, we can be faced with a scandal of significant proportions.

More on the Serious Concerns About El Patio de Doña Julia blog post I've written.