Serious Issues with Noval Properties: Delays, Contract Manipulation, and Forced Terms
My experience with Noval Properties has been extremely negative and, more importantly, systemic rather than accidental.
I have fully paid for my apartment (100%), yet the company continues to withhold full control and access to the property. In practice, the handover of keys is being tied to the signing of the “Contrato Definitivo,” which significantly differs from the originally agreed “Promesa de Compraventa.”
The main issues are as follows:
Severe project delays
The property was delivered approximately 3 years later than promised. No compensation has been offered for this delay.
Unfinished corrections
Since May 2025, a list of required corrections for units has been pending. After more than 8 months, the majority of these issues remain unresolved, despite repeated assurances that everything was completed.
Contractual manipulation
The “Contrato Definitivo” introduces terms that were not part of the original agreement, including:
mandatory rental operator
exclusive management structure
long-term commitments (around 10 years)
restrictions that significantly limit the owner’s control over their own property
Additionally, the contract includes a clause that cancels all previous agreements, which appears to be a direct attempt to eliminate any liability for delays and prior obligations.
Pressure through key withholding
Despite full payment, access to the property is still restricted. The building operates with electronic access control, meaning that even receiving physical keys does not guarantee real access. This creates strong pressure to sign a contract that was never originally agreed upon.
Poor and evasive communication
Responses are slow, often arriving every few days, and frequently avoid addressing the actual questions. The overall impression is that the company says what the client wants to hear but ultimately acts only in its own interest.
Financial and time losses
Due to delays and lack of proper handover, I have incurred legal costs, lost time, and have been unable to proceed with renovation or use of the property.
At this stage, I am forced to pursue this matter through legal action. Based on my experience, this appears to be the only effective way to deal with the company.
Do not expect Noval to honor their commitments or act in the client’s best interest. In practice, their priority is clearly their own benefit, even at the expense of buyers.
From discussions with other owners, it is evident that these issues are not isolated. Many clients are facing similar situations, but most choose not to escalate or enforce their rights.
If you are considering buying from Noval, proceed with extreme caution. Carefully verify every clause and do not rely on initial promises or representations.








