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Sharks – not the fishy kind!

This probably applies to anyone relocating anywhere, not just Lanzarote…

If we could give you one piece of advice that will save you both money and hassle is Caveat Emptor (Let the buyer beware).

Swiss Tony

We were fortunate enough to have friends here before we moved who helped us out with this simple advice, as well as pointing us in the right direction. We have since usually dealt with people only on recommendations, and others we have got to know over time either as clients or acquaintances. Sticking a pin in the local classified ads could well end in tears. Look for established businesses with a good reputation.

Not everyone is always as they seem, at best some people lower their standards of ethics in business, at worst some people are con-artists. This can apply to both ex-pats and locals. Don’t get us wrong, it is far from everyone, of course most people are perfectly okay, and we have met a lot of very good people over the last year.

However, don’t forget that not everyone leaves their homeland just for sunshine and a better life. Some are actually on the run! We heard of one individual who has been doing the rounds of the Canary Islands recently (last seen on Fuerteventura), who was taking deposits on property, and just disappearing. Turns out he was wanted for fraud in the UK. Would you really hand over a cash deposit on a property back home? Of course you wouldn’t. Why would you do anything different anywhere else? This is an extreme example we know, and far from typical, But when buying property, get good advice through a proper agent, preferably on a recommendation from someone you trust who has used or knows them.

Others, locals and ex-pats who are not what you’d call criminals will think nothing of overcharging whilst taking advantage of either your naivety or lack of language skills. They are not legally doing anything wrong. It can be tougher than you might think at times to make a living overseas, these people although they might not be this way inclined back in the UK, will prey on new faces to bolster there own income. Eventually of course it all backfires on them as most ex-pat communities are relatively small and it doesn’t take long to get a bad reputation.

For a time, until you find your feet, just treat people with a hint of suspicion until you get to know them, consider what their possible agenda might be, and don’t part with cash until you feel comfortable. And, remember, anyone operating legally will not be asking you for cash for anything without proper paperwork and tax identification.

Thankfully, we haven’t been stung. But we are still on our guard, as we would be in the UK. It may look and feel like paradise at times – but remember people are just the same everywhere. Good and bad!

You may also find our article on Camera Shop Scams useful

It can all sound like doom and gloom (it isn’t) – but forewarned is forearmed…

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6 Responses to Sharks – not the fishy kind!

  • LBS Phil:

    This is so true there are so many people especially in these tough times who are ready for the new people to come to the island and empty their wallets. Some of these companies even recommend companies that are paying advertisors on their websites or from whom they will receive financial gain for referring their business – a personal tip is to find out who OWNS a website before using their recommendations (you may just be surprised)!
    If you’ve been ripped off in Lanzarote by a company then make sure you do the right thing and take a denuncia and secondly go public so that others won’t face the same con artists you have. Naming those who do not work correctly in business is your RIGHT and too many people leave here having lost their money without naming those who helped them to lose it!
    Yes buyer beware but even having lived here for six years I still find that I need to ask more than one person before I can trust a source as a reputable company to deal with.
    Do your homework before putting your hand in your pocket! Go to non-profit websites (like this one) to get your information! Ask more than one person for recommendations! Ask anyone and everyone for references before using the company – references you can check!
    I certainly don’t want to give the idea it is all doom and gloom because Lanzarote is a wonderful island – however do enough research and you will get true answers on anyone you wish!

  • Kerry:

    Sadly we have been stung 3 times since we moved to the Canaries and twice it was by a well thought of lettings agency in corralejo.
    I wont go into details but we lost over 2000 euros worth of our personal property due a problem within the property they rented us but they lied to us and faild to send the insurance company (if they had one) and refused to pay us back the money owed.
    They strung us a long for weeks and in the end we just let it go because the stress was worse than anything.
    They also failed to return our deposit for ending the contract, despite the fact the house was not fit for a human to live in any more. Never mind two babies.
    Recently we paid over 3000 euros in deposits for a rental property and it turns out the person was only the tenant!
    He gave us a signed tenancy agreement and the keys before we parted with our cash.
    So now we are left with just a couple of weeks left to find a new home for us and our kids before our current short term lease expires.
    Sometimes it doesn’t matter how careful you are. If someone wants to rip you off they will find a way to do it!

  • Alan:

    …and just in case you need more background!

    http://www.gazettelive.com/forum/index.php?topic=140.0

    Make you own mind up… (not that it´s rocket science)

  • Alan:

    As a word of warning, it is our opinion, that you should be very cautious of Quills Wills of Lanzarote, or a company called bi-cell. Both appear to stem from company closed down in England by The High Court at the request of the Dti. A bit of research will show they do not have what you might call the best of reputations!

    Here are a couple of links for background to get you started.

    http://www.gazettelive.com/forum/index.php?topic=260.0

    http://www.lanzaroteisland.com/phorum/read.php?11,87683,page=1

    For anything legal in Lanzarote, seek the advice of a local lawyer, who is suitably qualified in Spanish law. And, if you’re buying property deal with one of the many reputable Estate agents.

  • Elle:

    *answered via email*

  • Tina and Kevin:

    Hi,

    We are in the process of looking for a small bar to buy as a leasehold on the island and intend to move over there as soon as we have found something small enough for the two of us to run. We are not looking to make our fortune. We just want to make enough to be comfortable. We also want to be WARM!

    We will be dealing with a company called Grupoestupendo as they appear to be reliable. Hope we are right to trust them. Only time will tell. They have found us accommodation for our visit at the end of November when they will be showing us some suitable properties and apartments. We are thinking that we will rent for the first 6 months after moving out and then, if we decide this is really the thing for us (although I believe we have both made up our minds on that one) we will look into buying a property to live in.

    We were wondering if you could give us a list of the Banks, Solicitors etc that we could rely on and know that we were’nt going to be fleeced.

    It is still early days for us and are still deep in the research. Any help would be much apprectiated.

    Many Thanks,

    Tina and Kevin.

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