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See The Airport That Was Auctioned For €10,000 by piippa(m): 10:03am On Jul 19, 2015 |
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.
The winning bid was made by a Chinese-led consortium of
investors.
The group, Tzaneen International, says it wants to make the
airport an entry point into Europe for Chinese companies.
The white elephants that dragged Spain into the red
Minimum price
Ciudad Real airport, located 235km (146 miles) south of
Madrid, was meant to be an alternative to Madrid's Barajas
airport.
It cost more than €1bn to built. It opened in 2008 but went
bankrupt and closed in 2012.
There is still a possibility that another buyer could meet the
minimum price of €28m set by the receiver for the sale to go
through before the end of September.
The central Spanish airport has a capacity for 2.5 million
passengers per year.
It is one of a number of "ghost airports" constructed during
Spain's building boom that did not attract enough
passengers.
A similar fate has befallen Castellon airport in the east. It
opened in 2011 but has not received a single flight.
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Re: See The Airport That Was Auctioned For €10,000 by darfay: 3:53pm On Jul 19, 2015 |
Chai |
Re: See The Airport That Was Auctioned For €10,000 by tck2000(m): 10:50am On Jun 09, 2019 |
waste |
Re: See The Airport That Was Auctioned For €10,000 by bujebudanu1(m): 1:39pm On Jun 09, 2019 |
Trust Chinese. Dem go turn am to world best soon |
(1) (Reply)
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