Spanish village for sale – for the price of an apartment (VIDEO)
Published time: September 24, 2014 16:53
Edited time: September 24, 2014 17:47
The village of San Bartolome de los Pinares, Spain (Reuters / Juan Medina)
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Crisis, Europe, Global economy, Matt Trezza
Whole villages are up for sale in Spain, as developers, municipalities and banks want to offload them due to the country’s distressed economy. RT visited one such abandoned community to find out how great the demand for cheap villages is.
A little more than an hour’s drive away from Barcelona, Catalonia, lies the village of Esblada. The entire village is up for sale for a mere 280,000 euro ($360,000) – or the price of a big city one-bedroom apartment.
For that price, the potential buyer gets a place with a winery, a tiny church and fourteen homes, which have been abandoned and neglected for more than 60 years.
Still from RT video
The lone remaining resident, Ramon Martin, a winemaker, hopes the right buyer can bring life and jobs back to the village.
“I'd like alternative people to come,”he told RT’s Matt Trezza. “People who love nature. I wouldn’t like to see people come to exploit these places, but who could work to develop them.”
So far he has seen potential buyers come and go. Elvira Farian, a real estate agent, says most of them have been foreigners.
“Russians, Americans, Mexicans – right now we are working with this type of clients,”she says. “The Russians who are looking for this kind of property are usually looking for an investment, or want to start a business here.”
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http://rt.com/news/190268-abandoned-spanish-villages-sale/