Anfi – The saga continues…yet again!
One thing for certain is there is never a dull moment surrounding the continuous saga at Anfi. Slightly over two years ago on the 11th January 2022 we reported on the sale of shares by Manuel Santana Cazorla who sold 50% of his rights in the family business to IFA Touristik, a subsidiary of Lopesan. […]
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Timeshare – The power of the negative
Many years ago the author of this article held a senior management position with a large financial services company. Said company decided to introduce an annual staff appraisal programme and then put all management through an appraisal training course. One point that sticks in the memory of the author is the tutor explaining the power […]
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Anfi Gran Canaria – Does anything surprise us?
After pages of articles on the subject of Anfi we honestly thought that there was nothing else that could happen at boardroom level, we were wrong. Back in September 2021, we reported on the boardroom feud between IFA Canarias part of the Lopesan Group and Santana Cazorla Group over the involuntary bankruptcy of Anfi Sales […]
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Life is not a beach for Anfi
Stephen Spielberg or Ron Howard have enough material to make an amazing movie about what’s been happening over the years surrounding Anfi in Gran Canaria. For a long time TCA has been following the goings on at the Anfi, not only the boardroom feuds and the ongoing power struggle but external carry ons such as […]
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Timeshare and insolvency
Judging by the number of enquiries we are receiving, probably stimulated by maintenance fee season. There appears to be some confusion surrounding those European timeshare companies who have placed certain of their group of companies into administration. We thought we would take the opportunity to clear matters up. In the world of timeshare, it is […]
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Litigamos Abogados – A warning – Part 2
On July 4th we published a warning concerning Litigamos Abogados, another fake law firm supposedly based in Tenerife. One lucky potential victim spotted our article and stopped any further action dead in its tracks, fortuitous for TCA the near victim had copies of paperwork sent which he has kindly shared. In this update article we […]
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How Spain is killing the European timeshare industry
Much has been written on the subject of Spanish law 42/98 but little has been commented on the fallout from this seemingly simple piece of legislation. The law entered into statute on 5th January 1999 but for whatever reason the majority of the Spanish timeshare industry either didn’t understand or chose to ignore it, later […]
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Anfi – Breaking news
As reported in various Spanish newspapers on the 8th January, the 50% shareholder in Anfi, Grupo Lopesan, has increased its shareholding in the troubled timeshare group. There is no secret that Lopesan have been unhappy with their fellow 50% shareholder, Grupo Santana Carzola for some time, not least of which has been caused by the […]
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Maintenance fees – A misnomer
Today we look at maintenance fees in greater detail. The name clearly indicates that this fee is for the maintenance of the resort, so what does this involve? Although not extensive, logic dictates that the following all come under the generic title of “maintenance”. Fixtures and fittings. Gardening. Renovation. Cleaning, including apartments, pool, common areas […]
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Enough is enough!
Before we launch into the body of this article first we would like to publish a rogues gallery of those timeshare developers who are systematically cheating people out of monies that they not only deserve, but also have legal rights to these being the funds awarded by the Spanish courts. We will then explain why […]
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