A 65,000-square-foot Spanish village that was left abandoned for more than three decades has been sold to a businessman for the sum of €300,000 (approx. US $308,000), a price that would secure little more than a one-bedroom apartment in Madrid, just three hours away.
Salto de Castro is a village near the border with Portugal in the northwestern Spanish province of Zamora. The “for sale” listing, on the Spanish property website Idealista, advertised the site as a “magnificent town” of 44 houses—five entirely independent—a bar, a church, a school with several classrooms, and a hotel with space for 14 bedrooms.
Additionally, the abandoned town also has a swimming pool, a municipal sports ground, and an old barracks building that used to house the civil guard. Some buildings have been vandalized since the village was deserted, but all have the potential for restoration. Idealista predicted that the village could become a “workable, profitable” venture with an investment of €2 million (approx. US$2,056,030)….