This Spanish village is being sold for less than a city flat

The village has been uninhabited since 1989.

© CC BY-SA 4.0

The village has been uninhabited since 1989.

© CC BY-SA 4.0

http://www.falstaff.com/en/nd/this-spanish-village-is-for-sale-for-less-than-a-cityflat/ This Spanish village is being sold for less than a city flat It seems noone wants to invest or move to this village even though though the area is ideally suited for wine growing. http://www.falstaff.com/fileadmin/_processed_/a/8/csm_Dorf-Spanien_CC-BY-SA-4.0_7ca15f1cea.jpg

In many countries, it is difficult to find a nice flat for €260,000. But the situation is different in the northwest of Spain, where the entire village of Salto de Castro being advertised for this price. The village comprises 44 flats, a hotel, church, school, swimming pool and barracks. The inhabitants left the village about 30 years ago, according to the BBC. 

It reports Salto de Castro was built in the 1950s by energy company Iberduero to house workers and their families. But after the completion of a reservoir, the inhabitants moved away. The current owner planned to turn the village into a tourist destination but the project was never realised.

"The owner had the dream of having a hotel here but it was all put on hold," Ronnie Rodríguez, from Royal Invest told the BBC, the company representing the owner. "He would still like the project to come true."

Good growing conditions

Three hours by car from Madrid, in the protected Arribes del Duero park, the area offers ideal conditions for agriculture, livestock and forestry. Rye, olives, almonds and wine grapes can be grown in the area.

However there is a shortage of amenities and services in the sparsely populated parts of the area around the village. Nonetheless, enquiries are being fielded from potential buyers in Russia, France, Belgium and the United Kingdom. The village is offered for sale at idealista.com

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