Thursday, 29 March 2012

German buys NCO's Residence for €1.4 million

TARIFA It had been a dream for many years: Tarifa wanted back the land it had ceded to the Ministry of Defence, located  uniquely within the framework of the Los Maderos tower, but now home to an abandoned building that only accumulated rubbish. But the dream came to an end yesterday when the Ministry confirmed that the Residencia de Suboficiales had been sold at public auction to a German national resident in Marbella. It is an old building, some 1250m2 built by the Ministry on land that had been ceded to it in 1951. But not so many years ago, the alarm went up because it was clearly in a very bad state, after the Ministry stopped using in the 1980s. Other attempts at a sale had been attempted but there were no bidders, possibly because the Council had gone to court to request its return. The Council lost, but so did the building. Its price came down a couple of times but at last, on March 21st, the German buyer came away with its ownership. It appears that his intention is to create a hotel/tourism complex after extensive renovation  work. PLEASE BE AWARE THAT ITEMS SUCH AS THIS MAY BE SUBJECT TO SUBSCRIPTION IN THE FUTURE but you can make a donation NOW, too! Please click here for more information on how to help us continue. (This item was translated and edited.)

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