‘I suspect a massive fraud’: Seven years and counting: Esch flat buyer faces mounting costs after developer’s bankruptcy
Alejandro Marx’ nightmare began in 2019, when he decided to buy an off-plan (VEFA) flat in the “L’Adresse” residential complex in Esch-sur-Alzette. At the time, he was told his unit would be ready for handover in the autumn of 2021. There had been no reason for him to be suspicious. The Luxembourg property market was…

