Spanish Court awards damages to buyers of an off-plan property in Spain for completing the property 3 months late

According to a law dating back to 1986 that regulates payments during the construction period of a new-build or off-plan property in Spain, the purchase can only be cancelled by the buyer if the property isn’t handed over according to the conditions and completion date as outlined in the contract. And if on completion, some outstanding work or minor details still remain to be finished; this wouldn’t warrant cancellation of the contract either.

The “Alto Tribunal”, the highest court in Spain, has now changed its posture...