Tuesday, 2 November 2010

Sotogrande sales down by 44%

SOTOGRANDE (Agencies) According to a statement issued to the ComisiĆ³n Nacional del Mercado de Valores (Stock Exchange controller), the NH Group, owners of Sotogrande, sales for the San Roque luxury resort over the firstnine mopnths of the year totalled €6.48 million, against the €11.59 for the same period in 2009. This represents a year-on-year downturn of 44%. Income classified as 'tourism'  were also down, by 18%. Home and apartment sales for the third quarter of the year amounted to €2.28 million, for 6 homes, against sales of 20 homes in the same period last year, which amounted to €9.53 millions.

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