Spain's Ciudad Real airport sold at auction for €10,000
Jul 19, 2015 1:55:00 GMT 7
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Post by The Arrow on Jul 19, 2015 1:55:00 GMT 7
Spain's Ciudad Real airport sold at auction for €10,000
A group of international investors has won a bankruptcy auction for an abandoned airport in central Spain with a €10,000 (£7,000) offer - 100,000 times less than it cost to build.
The investors were the only bidders for Ciudad Real airport, south of Madrid, completed during Spain's boom years.
But it is not clear if the sale will go ahead as another buyer could still step forward outside of the auction process.
www.bbc.co.uk/news/world-europe-33578949
A group of international investors has won a bankruptcy auction for an abandoned airport in central Spain with a €10,000 (£7,000) offer - 100,000 times less than it cost to build.
The investors were the only bidders for Ciudad Real airport, south of Madrid, completed during Spain's boom years.
But it is not clear if the sale will go ahead as another buyer could still step forward outside of the auction process.
www.bbc.co.uk/news/world-europe-33578949
