Massive Roquetas property auction complete failure

There is irritation in Roquetas del Mar today, after the town hall setup an auction to flog off 64 properties, and not one person showed up to bid. The properties have all been seized by the townhall in lieu of taxes. The two biggest lots were the old Hotel Colonial at 1.6 million euros (with further taxes of 1.2 million owing) and Hotel Bellavista Mar at 14 million euros (and a further 13 million owing Continue reading Massive Roquetas property auction complete failure