Picturesque village for sale in Spain
In northwestern Spain, the picturesque village of Salto de Castro is back on the market. Last year, it was bought by a local businessman for €275,000 – a sum that was lower than the average price of an apartment in Barcelona. Now, the village is on sale for double the price – €580,000.
Salto de Castro was built in the 1940s by Iberdrola for workers building a nearby dam. However, by the 1980s, residents began leaving in droves in search of work in larger cities, and by 1989, the village was completely abandoned.
In 2000, it was bought by an investor with the aim of turning the place into a tourist destination, but the project was abandoned due to the financial crisis of 2008. In 2022, the village came back on the market, but even the most recent buyer was unable to realize his plans.
Salto de Castro was built in the 1940s by Iberdrola for workers building a nearby dam. However, by the 1980s, residents began leaving in droves in search of work in larger cities, and by 1989, the village was completely abandoned.
In 2000, it was bought by an investor with the aim of turning the place into a tourist destination, but the project was abandoned due to the financial crisis of 2008. In 2022, the village came back on the market, but even the most recent buyer was unable to realize his plans.
