23 Apr, 2015 @ 19:25
1 min read

Ghost airport at Ciudad Real goes up for auction with NO starting price

ciudad real airport

IT was the billion euro airport tailor-made for Spain when the economy was flying high, a symbol of affluence and state-of-the-art transport with lightening quick links to the capital.

ciudad real airportCiudad Real airport stands deserted since 2012 after just three years of minimal operation, another white elephant for Spain to deal with.

And now, after years of standing empty and eight public auctions failing to attract a buyer, the 28,000m terminal built to cater for five million passengers per year, is on the market again.

But this time, there is no minimum asking price for the affectionately-named Don Quijote airport.

The reserve price, which has dwindled gradually from a heady minimum €100 million in December 2013, dropped to €80 million and finally €40 million on April 23, has now been scrapped altogether.

The decider of the auction is set for June 19 at 11am in Ciudad Real court and hopes to bring an end to 600 days of liquidation and dilapidation.

Despite there being no starting price, an appraised value of the airport hub, set at €40 million, is estimated.

Bids will be submitted in sealed envelopes.

Iona Napier

DO YOU HAVE NEWS FOR US at Spain’s most popular English newspaper - the Olive Press? Contact us now via email: [email protected] or call 951 273 575. To contact the newsdesk out of regular office hours please call +34 665 798 618.

13 Comments

  1. was it corruption or stupidity that resulted in so many white elephants? Am I the only one who thinks this is unacceptable? Why arent the decision makers made to repay the losses?

  2. Should be bought by a worldwide disaster reaction force and used as a base to supply disaster support. Planes donated by the rich country’s, doctors, engineers, equipment all ready to go wherever they are needed instead of the current piecemeal system.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

search for federico garcia lorca in alfacar in spain
Previous Story

Spanish poet Federico Lorca executed in Granada during Spanish Civil War

bbc doc last brit standing e
Next Story

Tragic one-sided BBC documentary makes a mockery of Costa del Sol expat life

Latest from Business & Finance

Go toTop

More From The Olive Press

Boozed-up British tourist bites police officers at passport control in Mallorca airport in Spain

What is the passport Entry/Exit System and when will it come into force in Spain and the EU?

NOWADAYS, travellers from outside the European Union get their passports
Drunk British passengers consume airport booze and perform sex acts in front on children on Ryanair flight to Spain's Canary Islands

Ryanair to add seven new destinations from Alicante this summer

BUDGET airline Ryanair will add a total of nine new