Dear oneiron-ga
Before answering the question may I remind you of the terms and
service of the use of this site and that it does not represent
Professional Advice of any type.
http://answers.google.com/answers/termsofservice.html
First, are they a bona-fide business organisation? The main company,
Parador Properties Limited, is registered with the UK Companies House
as a Limited Liability Company. They were incorporated in 1998 and
their accounts and returns are filed up to date. To find financial
information on the company you need to either pay Companies House for
copies of their accounts (£50 registration and then additional charges
for the documents) or pay for a credit report from a company such as
Dun & Bradstreet.
These are the details from the UK Companies House. Please note that
the Registered Office is often different from the trading address and
is used for the service of official documents.
"Name & Registered Office :
PARADOR PROPERTIES LIMITED
PARADOR HOUSE
20 CLARENDON ROAD
REDHILL
SURREY RH1 1BW
Status :Active
Company No. :03511370
Date of Incorporation : 16/02/1998"
Accounts and annual return up to date
The directors names do not appear on the Disqualified Directors Register
Source
http://www.companieshouse.gov.uk/
Dun & Bradstreet ? use the search box and drop down boxes to access
the report after registration
http://sbs.dnb.com/advFind.asp?bhcd2=1073131429
According to the subject company?s web site their address is:
"ENGLAND
Head Office:
Parador Properties Ltd.,
Property House,
55 Station Road,
Redhill, Surrey RH1 1QH.
Tel: +44 (0) 1737 770137
Fax: +44 (0) 1737 770177"
http://www.paradorproperties.com/
They have several companies abroad one of which is Parador Properties
Cyprus Ltd. This is a Cypriot registered company. I have tried to
check the company name but the web site is not working. I did not wish
to delay posting the answer, so here is the link if you wish to try it
yourself. I anticipate that it will only confirm the name of the
company in the register. I do not believe the site offers any
financial information on the company.
Department of Registrar of Companies and Official Receiver - Cyprus
http://www.mcit.gov.cy/mcit/drcor/reg_org_cat.nsf/registered_organisations_en/registered_organisations_en?OpenDocument
From my searches, it would appear the Cypriot operation has not been
operating long, but they have been active in the Spanish market for
several years. As a consequence much of the below information relates
to Spain, but nevertheless it will be of interest to you.
I could find no reference to "miss-selling properties abroad or
defrauding buyers" from Law enforcement, Legal Authorities, etc.
I do however, draw you attention to the following postings on message
boards and amateur web sites -
Personal site on buying property in Spain and this is one unattributed comment.
"I want to advise everyone to stay well clear of ?Parador Properties?
and the ?Ventacentre?. They are rip off merchants. They show you a lot
of rubbish properties to dishearten you, and then they show you
something they know that you will like and you want to buy it."
http://www.davtal.co.uk/pdfs/estagent.pdf
The main site is
http://www.davtal.co.uk
Two discussions on the company
http://www.torrevieja.co.uk/cgi-bin/messageboard//1621.htm
http://www.torrevieja.co.uk/cgi-bin/messageboard//701.htm
These are other sites I have found during search and which may
interest you as they offer additional background information on the
company -
Connells a large UK estate agency which has recently entered into
partnership with Parador Properties
http://www.estateagencynews.co.uk/news/archive/newsark-0303d.html
http://www.connells.co.uk/spain.asp
The company appears on The Sunday Times Virign Atlantic Fast Track 100
Published 7 December 2002 - Ranked as number 4
http://www.fasttrack.co.uk/press/FT03_SE.pdf
Comment by a person who took up one of their inspection flights to
Spain - pleased with the company
http://www.holidaysuncovered.co.uk/holiday_reviews/costa_blanca_benidorm_t.htm
ITV requested the company to present three houses for the programme "I
want that house"
http://www.itv.com/pageExpired.asp?partID=115&versionID=1056
The company featured on a Radio 4 programme ? 'Money Box'
http://news.bbc.co.uk/nol/shared/spl/hi/programmes/money_box/transcripts/03.09.01.txt
An online local news article on one person?s experience of the company
http://www.thisisyork.co.uk/york/yo1magazine/march/33.html
Guardian article on buying property abroad
http://money.guardian.co.uk/movingoverseas/story/0,12344,783505,00.html
2003 National Business Awards Finalists
The Growth Strategy of the Year Award, Sponsored by Microsoft Business Solutions
Parador is of four finalists
http://www.thenationalbusinessawards.com/finalists/2003/finalists_list.htm
The Growing Business Awards 2003 Categories
International Initiative of the Year, Supported by Royal Mail
Appears on the shortlist
http://www.growingbusinessawards.co.uk/2003categories.htm
I also searched Lexisnexis which is a news database (pay per item).
Search term - "parador properties"
http://web.lexis.com/LNE/login_en.asp?lang=en&url=http://web.lexis-nexis.com/executive/
These news articles may be of interest -
Company news releases
http://www.ameinfo.com/news/Company_News/P/Parador_Properties/
and interviews
http://www.ameinfo.com/news/Detailed/30628.html
http://www.lawandtax-news.com/asp/story.asp?storyname=13699
http://www.thepost.ie/web/DocumentView/did-144096822-pageUrl--2FLife-2FProperty-News-2FOverseas-Property.asp
I recommend you contact the Local Trading Standards Office for the
area and see if they have received any complaints about the UK
company.
Surrey County Council Address Trading Standards
Mid Surrey Area Office
Bay Tree Avenue
Kingston Road
Leatherhead
Surrey
KT22 7SY
Contact Tel 01372 371700
Email trading.standards@surreycc.gov.uk
http://www.tradingstandards.gov.uk/consumers/index.htm
I hope this answers your question. If it does not, or the answer is
unclear, then please ask for clarification of this research before
rating the answer. I shall respond to the clarification request as
soon as I receive it.
Thank you
answerfinder
Search Strategy
Three main search engines and specialised newsgroup search engines.
These are the search terms for google.
parador properties cyprus
://www.google.com/search?hl=en&ie=UTF-8&oe=UTF-8&q=parador+properties+cyprus+
parador properties
://www.google.com/search?hl=en&lr=&ie=UTF-8&oe=UTF-8&q=parador+properties
"Parador Properties"
://www.google.com/search?hl=en&lr=&ie=UTF-8&oe=UTF-8&q=%22Parador+Properties%22
"parador properties" fraud OR con OR scam OR "rip off"
://www.google.com/search?q=%22parador+properties%22+fraud+OR+con+OR+scam+OR+%22rip+off%22&hl=en&lr=&ie=UTF-8&oe=UTF-8
Google Groups
"Parador Properties"
http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&oe=UTF-8&q=%22Parador+Properties%22&sa=N&tab=wg
parador properties
http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&oe=UTF-8&q=parador+properties&sa=N&tab=wg |
