The TV documentary for RTE (Irish national broadcaster) we mentioned back in June is now going ahead and they are planning film in Nov and Jan 2020. The program, which will be a 2-parter, is due to air in Mar 2020. The producers are primarily interested in the experiences of Irish purchasers.
This is a opportunity for owners to talk about their experience and illustrate the potential fraud, failures of consumer protection and failures of regulation in relation to the sale of these properties.
This can get the attention of the relevant authorities.
See below from the makers:
Burnt by The Sun is a two part documentary series for RTE, Ireland’s National Broadcasters
which may potentially be screened by other broadcasters.
It is due for transmission in March 2020. Filming will take place between November and
January. The main locations will be Spain, France, Bulgaria, Ireland, Dubai, Turkey, Portugal
and Cape Verde.
Irish people share their stories of buying property abroad during Celtic Tiger times and the road
they’ve travelled since. The programmes reveals how over fifteen years later, some buyers are
still struggling to escape what has become a never-ending nightmare, others are resigned to the
ongoing cost of their investment while many continue to battle on to recoup their losses.
Each of our stories will focus on a different dilemma – those who bought property off-plans that
were never completed, buyers still paying hefty mortgages today on their unrealised dreams,
illegal built homes some demolished or awaiting the arrival of the bulldozers, many without
access to basic utilities like water and electricity and as a result uninhabitable and unsellable.
Some buyers have discovered their leases are virtually perpetual and selling-on involves fines
and penalties often greater than the value.
Our overseas owners continue to wrestle with difficult decisions in the face of, in some
instances plummeting value with uninhabitable or unsellable homes.
Experts will offer insights into those who took the plunge and those who are still thinking of
investing or buying their dream holiday home today. We will update on recent developments
whereby old laws have been dusted off, enforced but also amended and reveal new laws that
have been put in place.
Archive material will remind us of the economic climate of the time and the lure of easy return
and ‘risk free’ investments.
Where possible, we will offer hope, advice and new options to those navigating through
difficulties with overseas properties and ask decision makers and influencers what they can and
will do to protect Irish and european consumers with property abroad.. As we ask the question –
would buying abroad today be any different?
Cornelia Street Productions
16 Fitzwilliam Square E,
00353 1 662 1030
Contact Jess @ corneliastreetproductions.com