Costa del Sol property scammers be aware!
As we always and daily researching new apartments or properties, we found again on several property portals in Spain property scams. This time we found a luxury 3 bedroom 3 bathroom in a prestigious area in Marbella golden mile. The scammers offered the property for a monthly rent for 700 euro.
We have contacted them and they came back with a very friendly large email. They couldn´t meet in perosn but asked us to pay via airbnb, this is a new scam, a new way to get your money. The told us that we will meet a airbnb representative after we made the payment. Never ever pay people before you have seen them.
Please educate yourself on listing scams and online fraud. We urge you to be vigilant in researching the legitimacy of any potential listings and perform all appropriate due diligence. You can read below to learn more. Be aware! Also on the Costa del Sol Spain.
How Do Rental Listing Scams Work?
Is someone asking you to send them money via Western Union, paypal, airbnb Moneygram, or Prepaid Visa card? Have the owners moved to another country sand can’t show you the property? Are the owners in a hospital? Found a deal that’s too good to turn down? These are possible signs of rental listing scams used to defraud users into wiring money or giving up personal information. The also ask for your income and some personal data.
Scammers use a variety of tools and methods to post fraudulent listings on many internet listing sites. One method includes manually listing available properties by copying existing listings and posting them with new prices. They also take existing for-sale properties and post it as a rental listing. Lastly, they use listing management tools and syndicate the fraud across many different sites. Sites like fotocasa.com, pisos,com, segundamano.com, homeaway.co.uk, tripadvisor.co.uk airbnb.com, wimdu.com are full with property scams, althought these website owners do almost everything to avoid and stop property scams. But is is difficult for them as scammers find new ways of listing properties.
Once you’ve contacted a scammer, they usually ask for a few things — information, urgency, and money through Western Union, Moneygram, paypal or a Prepaid Visa card. Stop there. Report a search further. Our advide is contact a local Real estate expert like Infinity Estates. We will not charge you, the owner pays the fees, so there is nothing wrong working with a local real estate company.
How Can I Spot and Avoid Rental Scams?
Below is a list of best practices on spotting and avoiding scams. Renter beware. Be vigilant in protecting your private information and review these tips:
- Trulia has no involvement in any transactions, showings, agreements, or inspections.
- The easiest sign of a rental scam is when someone asks you to wire money via Western Union, Moneygram, or paypal Prepaid Visa card. Scammers usually ask for a deposit or first month’s rent before you even see the property. Don’t send money for whatever reason.
- The owner is out of the country on a mission, job opportunity, are in hospital or military service. Always meet the landlord or agent in-person and at the property. If they can’t meet you there or show you the property, then it’s possibly a scam. Good idea is to always have a friend or family member with you.
- The listing is significantly less than nearby similar properties. Beware. If it seems too good to be true, then chances are that it’s a scam.
- Emails from scammers are often littered with grammatical mistakes and typos. If the email is difficult to read, lengthy, or includes a sad story, then it’s possibly a scam.
- Research the email address and phone number of the landlord or owner on Google. You might find that someone else has already posted a report on this individual.
- Don’t fill out an application until you’ve seen the property. Some apartment communities will offer legitimate applications via a property’s website, but don’t submit an application with personal information until you’ve verified the property exists.
- Never, under any circumstances, send money to anyone without securing a lease and confirming the property manager has legal right to rent the property
- The listing is on and off the website and disapears sometimes.
- Too friendly emails, please read twice.
What Can I do if I Fall Victim of Online Fraud?
If you believe you were a victim of fraud, please contact your local authorities, the FTC, and the IC3. Flag the listing for removal by our fraud team if it hasn’t already been removed. Report always the website owner.
A 3 bedroom 3 bathroom villa in Marbella for 125.000 can´t be true isn´t
A 3 bedroom 3 bathroom penthouse with sea views in Puerto Banus for 750 per month can´t be true isn´t.
A 1 bedroom 1 bathroom spectacular apartment in Benalmadena Costa for 110.00 see it here
Contact Infinity estates, we do check al properties out on legitimacy and will so avoid possible scam