family that owns town of Castro (Zamora) formalized the sale to Toledo businessman Óscar Torres this morning.
The buyer made a “strong deposit” as a signal before the operation is confirmed in the coming days.
The new owner of the found town municipal term for Fonfría this CEO of Iniciativas FAOS, a construction company that has done significant construction work.
With the purchase of a rising residential complex and other structures Iberduero (now Iberdrola) In the middle of the last century, to build the Castro hydroelectric waterfall, the new owner fulfills his dream of starting a large tourist complex in a famous natural area. Arribes del Duero Natural Park and Meseta Ibérica Biosphere Reserve.
As this newspaper can attest, the operation was closed for a price significantly lower than the sale offer for the town of Castro, which came to 260,000 euros on a real estate portal. Buyer is powered by a Chilean investment fund.
The initial investment to realize the project will exceed three million euros.
the idea of Oscar Torres is to rehabilitate the entire stone building complex to house a kind of sustainable tourism and “slow” brand.
The forecast is for the complex to remain open all year with an impact that could reach 25 in low season and 60 or 70 in high season. To this we must add all the activities that the town’s reconstruction work will produce.
The sources of the real estate portal, which put the town of Zamorano up for sale, mention “about 20 serious offers” from abroad, especially from England and Germany.
The town, although completely abandoned Next to the Biosphere Reserve “Meseta Ibérica”, Portugal (the border is located next to the dam) and one step away from the Sierra de la Culebra, so rehabilitated and well managed, it could have a huge tourist potential.
The double experience of FAOS Initiatives in the hotel sector and rehabilitation of old buildings in accordance with their original appearance will undoubtedly be key to the economic viability of the project, which will transform the town into a tourist complex.
Until now, the town of Castro was owned by a family of Galician origin, who bought the town at the beginning of the 21st century to develop a project for tourism projection, taking advantage of its magnificent setting. But the 2008 crisis put an end to the expectations of the new owner, and due to the impossibility of undertaking the necessary investments and rehabilitation to revive the project, those who attempted a new sale are now his heirs.
this dam and town of Castro It was built in the early 1950s during the construction of the Duero hydroelectric system implemented by Iberdrola. Portugal’s energy uses start from this dam, which is constructed with Miranda do Douro, Picote and Bemposta.
To date, no one has done improvement or remediation work on buildings that are still subject to the effects of the elements and the passage of time. Now, as the family that owns it has retired from the Spanish business community, the idea for other entrepreneurs to find opportunities for the future in an exceptional enclave.
Source: Informacion
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