Madrid seems to be the place to be lately as we have yet another cold caller, by the name of Grupo BT Travel.

Grupo BT Travel seems to target Russian Timeshare Owners and as all the other cold callers they seem to have people lined up willing to buy and pay a lot of money for a membership.

Grupo BT Travel asking for up front fees

Grupo BT Travel supplies a sample agreement after the initial call, and it becomes soon very clear that they unfortunately have no knowledge of the Timeshare Directive as they are asking for an upfront payment.

The payment is an 8% over the sales price, and as this sales price is rather high, this 8% is close to 3000 euros.

On top of this, they give the Timeshare owner 48 hours to do the bank transfer of the 8% or the sale will not go through..

We certainly do not recommend paying this money!

Contact details for Grupo BT Travel are email: bt.travel@europe.com

Telephone +34 672 512 983, Fax: +34 911 769 543

And address: Paseo de la Castellana 66, 28006 Madrid – España

There is also a website on the paperwork www.grupobttravel.com which seems to belong to a travel agent based in Isla Margarita (Venezuela). Nothing to do with a Timeshare resale company in Madrid!

Seen the above facts, the cold call and the upfront fee, we do not recommend to have any dealings with this company.

If you have been called by Grupo BT Travel from 0034 672512983 in Madrid then please do let us know.

As always when looking to sell a timeshare its best to use a RDO member resale company like the Travel and Leisure Group

More Information: http://mindtimeshare.me/2014/08/22/grupo-bt-travel-another-cold-calling-timeshare-resale-company-in-madrid/