Posted on 07/18/2015 7:28:01 PM PDT by george76
Bidder offers just €10,000 for showpiece in Spanish bankruptcy auction. A Chinese company that was the only bidder for one of Spain's "ghost airports" wants to revive the site as a cargo hub for the Asian market.
Ciudad Real airport, one of the most notorious emblems of Spain's economic crash, cost €1 billion (HK$8.4 billion) to build and was on sale at a knockdown price of €40 million.
Tzaneen International was the sole bidder in the bankruptcy auction, however, and it offered just €10,000.
The facilities of the deserted site, 160km south of Madrid, include a runway long enough to land an Airbus A380, the world's largest passenger plane, along with a terminal that could handle 10 million travellers per year.
It is also in pristine condition because it has barely been used, having opened to international flights in 2010 as the euro-zone crisis raged, only to shut two years later.
(Excerpt) Read more at scmp.com ...
yep
What? There wasn't any interest from rich muzzies? ;') Thanks george76.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.