The town of Salto de Castro (Zamora) one step closer to its new owner. The real estate agent overseeing the buying and selling of the complex and interested investors will hold meetings this week with a deal likely to close, this newspaper has learned.
As expected last Friday, a Toledo-based construction company has the best chance of taking over the town, which sold for 260,000 euros. about FAOS initiativesa company with long experience involved, Rehabilitation of historic buildings in the city of Toledo.
Among the most emblematic buildings in which FAOS Initiatives intervene, Lorenzana Palace, 18th century; most San Juan de los Reyes Convent15th century; wave Royal Arms FactoryOne of the headquarters of the University of Castilla-La Mancha, dating from the 18th century. They also saved the plasterwork of the Toledo church in San Ildefonso.
Experience in the tourism industry
This leading company also designs and executes projects in collaboration with companies in the industrial, hospitality and hotel sectors. In this final chapter, FAOS Initiatives Extensive reform at Hotel Conde Duquein the heart of Madrid and generally Ferrer Hotels groupsigned a comprehensive maintenance contract for the Menorca Skyline Hotel and the construction of two new hotels in Toledo.
Óscar Torres, CEO of FAOS Initiatives, announced last week his intention to buy the town of Salto de Castro and rehabilitate all its buildings to restore them. New tourist complex in Arribes del Duero. The initial investment to realize the project will exceed three million euros.
The town, although completely abandoned Next to the Biosphere Reserve “Meseta Ibérica”, Portugal (the border is located next to the dam) and is a step up from the Sierra de la Culebra, so rehabilitated and well managed, it could have a huge tourist potential.
this The double experience of FAOS Ventures in the hotel sector and rehabilitation of old buildingsFor the economic viability of the project, which will transform the city into a tourism complex, respect for its original appearance will undoubtedly be key.
First of all, the decision to sell is based on feasibility and to keep people aliveor as he admitted to this newspaper last week romuald rodriguezfinancial and commercial director of the real estate company that initiated the sale.
Thus, the balance seems to have shifted in favor of the FAOS Initiatives’ proposal against others from NGOs and a private university interested in buying the town.
History of Salto de Castro
town Built by Iberduero in the 40s of the 20th century (Iberdrola’s predecessor company) will house the workers who built the dam and their families. It included a church and its own Civil Guard outpost. It was also equipped with a school, a hostel for visitors, and a garage for the line wagon.
Construction of the dam was completed in 1952.however, Iberduero workers, who carried out the expansion of the hydroelectric power station in the 1970s, continued to live in the town.
As the hydroelectric power plant became automated in the 1980s, the buildings in the town were gradually abandoned. The last one was closed in 1989. 33 years passed and all the buildings gradually deteriorated. Now, the town hopes to revive to become the center of rural tourism in a unique setting.
Source: Informacion
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