Friday 21 November 2014

New York Times publishes article on La Almoraima sale

  • "The government has learned nothing from the property bubble"
  • La Almoraima stands in contrast to Marbella and the Costa del Sol
CASTELLAR -- The New York Times has been running a Sunday series on public lands all over the world. Last Sunday, the 16th, it published a whole page on the sale of La Almoraima titled 'In Public Land Sale, Not All of Spain Is Buying', the first couple of paragraphs say, "La Almoraima, a farming estate at the edge of a nature reserve, is prized by environmentalists. Home to one of Europe’s largest cork forests, it is a rare place where deer and boar roam wild within sight of the Rock of Gibraltar. The Spanish government, which owns the land, wants to sell it for as much as 300 million euros, or about $376 million, pitching it as a perfect spot for a luxury resort, including a five-star hotel, a small airport, two golf courses and a polo grounds." It's a very interesting article with a few factual errors (to be expected, alas), all of which you can read HERE. It's always a good idea to hear other opinions ... I might change mine, though probably not about this. 

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