Another year with no rental income for 2022 to be received by owners in The Suites at Beverly Hills!

This is no surprise to us that the rental income was not going to be paid out this year either butmany owners have been waiting, hoping and most importantly in need of this rental income. Theresorts are fully occupied and obviously have been generating income. In Tenerife only in 2022,there were a staggering 5,8 million …

In year 2023 – Excel continues to charge customers maintenance fees when the timeshare contracts in courts of Spain have already declared null.

The Nordic consulting canary islands clients have recently been contacted by Excel hotels and resorts in Tenerife to pay them a yearly maintenance fees for timeshare contract the client do not have anymore. Timeshare club members in resorts managed by Excel Hotels and Resorts SL are being told they need to pay maintenance fees related …

Response to “Urgent Notice” regarding EGM in Beverly Hills Club

In response to the communication sent by EXCEL HOTELS & RESORTS to owners in Beverly Hills Club, we would like to inform owners of the following: Regarding the Extraordinary General Meeting 1) DEMALI PROPERTIES AND INVESTMENTS S.L. is one of the owners of apartments in the Beverly Hills Complex, who is not acting in isolation …

Beverly Hills Club – Another excuse for not paying owners in 2019 and 2020

In a brief, one-way zoom “meeting”, Cristobal Villalobos, director of Excel Hotels and Resorts gave owners the bad news. He told them they would not be receiving any net income for 2019 and 2020. The owners are furious. The business had a fantastic year in 2019 – the hotel occupancy was high and the money …

New court victory over Excel Hotel & Resort in Tenerife vs Rental contract in the Suites at Beverly Hills

The courts of Arona nr 5 have again ordered Excel Hotels & Resorts SA to returnpossession of apartment C205 in hotel Beverly Hills Club, Los Cristianos, to theowners. The hotel management company does not own the apartments, butleases them, typically from private individuals.In the latest court sentences issued on the 3rd of April in 2023, …

Beverly Hills Club apartments selling strongly despite higher taxes

To date The Nordic Consulting has helped sell 65 apartments in the Los Cristianos holiday complex – far more than any other real estate company. Thirteen of these sales have been in the first five months of this year. The Tenerife property market continues to be strong, although of course we anticipate a quieter early …