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Spanish property cash 'at risk'
19/ 5/2008
MORE than 1,000 Britons could lose money they have invested in Spanish property, a UK law firm has warned.
Jose Maria De Lorenzo, a partner in the Marbella office of Irwin Mitchell, gave the warning after Spanish property company San Jose Inversiones announced it was going into administration.
He said the move could leave as many as 1,500 British investors who had paid deposits unable to complete on their property.
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