For those looking to change their lives, you can choose to move from the city to the countryside, to a mountain retreat or buy an entire city for yourself. This is the ad for Salto de Castro, a village of 44 houses in northwest Spain, on the border with Portugal, which is for sale at the price of a two-room apartment in Milan.
It has been Salto de Castro for over 30 years and is now on sale for 260,000 euros. The small town made up of 44 houses, a bar, a church, a school, a municipal swimming pool and an old barracks, is located a three-hour drive from Madrid, in the province of Zamora, Spain. The village was built in the 1970s as a settlement for the workers of the Iberduero electricity production company that would build the Castro dam. Workers and their families left the area in the 1980s for other work needs.
Salto de Castro has everything a small town needs. It is currently owned by a single entrepreneur who bought the city in the early 2000s to turn it into a tourist resort. Due to the 2008 crisis, the current owner was unable to implement his project to make Salto de Castro a sort of Salto de Saucelle, near Salamanca, which has a similar history and is today a tourist complex of rural houses, hotels and restaurants. Of success.
Royal Invest is the company that represents the owner, who is 80 years old, and who placed the sale ad on Idealista’s website to attract new buyers who may have more time and opportunity to make their dreams come true. According to reports from Royal Invest, more than 300 purchase proposals have already been made from various parts of the world and there is also a potential buyer who has already deposited a deposit. Salto de Castro was initially put up for sale for €6.5 million but, with no buyers and many buildings vandalized, the price plummeted to €260,000 which is now the price of a one-bedroom apartment in Madrid, Barcelona or major cities. Italians.
Source: Fan Page IT
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
