Is it possible for a developer in Spain to default on a contract and not finish construction?

In Spain, there are laws and regulations in place to protect customers in the event of a developer’s default or failure to fulfill a contract. In the event that a developer defaults or fails to complete construction, there are various possible scenarios, depending on the specific circumstances and whether the developer has declared bankruptcy or is in financial distress:

• Negotiation and mediation
• The right to a refund
• Legal steps
• Construction guarantees