Businessman Buys ‘Salto de Castro’ an Abandoned Spanish Village for Just US$308,000

Businessman Buys ‘Salto de Castro’ an Abandoned Spanish Village for Just US$308,000
This image was cropped and has been color corrected. Balles2601/Wikimedia Commons/CC BY-SA 4.0
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A 65,000-square-foot Spanish village that was left abandoned for more than three decades has been sold to a businessman for the sum of €300,000 (approx. US $308,000), a price that would secure little more than a one-bedroom apartment in Madrid, just three hours away.

Salto de Castro is a village near the border with Portugal in the northwestern Spanish province of Zamora. The “for sale” listing, on the Spanish property website Idealista, advertised the site as a “magnificent town” of 44 houses—five entirely independent—a bar, a church, a school with several classrooms, and a hotel with space for 14 bedrooms.