Macenas Golf to be auctioned off this Thursday

Playa Macenas Beach & Golf Resort will be auctioned off this Thursday by the Ministry of Employment after the complex was seized for not paying social security. The sale was going to be earlier in the year but negotiations stalled the embargo. However the government has run out of patience and ordered the sale. The reserve price on the auction is just €153.089, but the complex comes with €2.662.000 in debt which the purchaser must Continue reading Macenas Golf to be auctioned off this Thursday