Sale of hotel & golf courses
Nov 21st 2017, 6:01 pm
#1
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Location: Ayamonte
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Sale of hotel & golf courses
Have heard from a friend today that, and I quote, 'seems like the Hotel & both Golf Courses have been sold'. Can anyone else confirm this? Regards Bryony
Nov 23rd 2017, 7:31 am
#2
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Re: Sale of hotel & golf courses
Is it true ?
No comments ?
No comments ?
Nov 23rd 2017, 1:23 pm
#4
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Re: Sale of hotel & golf courses
Nov 23rd 2017, 7:44 pm
#5
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Re: Sale of hotel & golf courses
The saga should have ended on Tuesday but no news yet.
The sequence was a final advert at a fixed price of €200,000 + debts about €2m about 4 mths ago. This was “won” by Hydrocarbon (Malaga) and was published by the liquidator together with the total IBI, EUC debts. However this being Spain that was not the end of it! Three more adverts at the same price followed. The last one closed and it is known that there is a winner who has paid €4m (€1.07m IBI, €0.72m EUC, the rest for the hotel, golf clubhouse and both golf courses) conditional on signing at the notary last Tuesday to avoid an increase in IBI&EUC costs.
The bidders still in were a Chinese investor and a golf course operator from Malaga/Marbella. We have no news yet which one has won or if the signing happened so we are not holding our breath.
The sequence was a final advert at a fixed price of €200,000 + debts about €2m about 4 mths ago. This was “won” by Hydrocarbon (Malaga) and was published by the liquidator together with the total IBI, EUC debts. However this being Spain that was not the end of it! Three more adverts at the same price followed. The last one closed and it is known that there is a winner who has paid €4m (€1.07m IBI, €0.72m EUC, the rest for the hotel, golf clubhouse and both golf courses) conditional on signing at the notary last Tuesday to avoid an increase in IBI&EUC costs.
The bidders still in were a Chinese investor and a golf course operator from Malaga/Marbella. We have no news yet which one has won or if the signing happened so we are not holding our breath.
Nov 24th 2017, 8:19 am
#6
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Thread Starter
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Location: Ayamonte
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Re: Sale of hotel & golf courses
The saga should have ended on Tuesday but no news yet.
The sequence was a final advert at a fixed price of €200,000 + debts about €2m about 4 mths ago. This was “won” by Hydrocarbon (Malaga) and was published by the liquidator together with the total IBI, EUC debts. However this being Spain that was not the end of it! Three more adverts at the same price followed. The last one closed and it is known that there is a winner who has paid €4m (€1.07m IBI, €0.72m EUC, the rest for the hotel, golf clubhouse and both golf courses) conditional on signing at the notary last Tuesday to avoid an increase in IBI&EUC costs.
The bidders still in were a Chinese investor and a golf course operator from Malaga/Marbella. We have no news yet which one has won or if the signing happened so we are not holding our breath.
The sequence was a final advert at a fixed price of €200,000 + debts about €2m about 4 mths ago. This was “won” by Hydrocarbon (Malaga) and was published by the liquidator together with the total IBI, EUC debts. However this being Spain that was not the end of it! Three more adverts at the same price followed. The last one closed and it is known that there is a winner who has paid €4m (€1.07m IBI, €0.72m EUC, the rest for the hotel, golf clubhouse and both golf courses) conditional on signing at the notary last Tuesday to avoid an increase in IBI&EUC costs.
The bidders still in were a Chinese investor and a golf course operator from Malaga/Marbella. We have no news yet which one has won or if the signing happened so we are not holding our breath.
Nov 25th 2017, 11:39 am
#7
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Posts: 615
Re: Sale of hotel & golf courses
The saga should have ended on Tuesday but no news yet.
The sequence was a final advert at a fixed price of €200,000 + debts about €2m about 4 mths ago. This was “won” by Hydrocarbon (Malaga) and was published by the liquidator together with the total IBI, EUC debts. However this being Spain that was not the end of it! Three more adverts at the same price followed. The last one closed and it is known that there is a winner who has paid €4m (€1.07m IBI, €0.72m EUC, the rest for the hotel, golf clubhouse and both golf courses) conditional on signing at the notary last Tuesday to avoid an increase in IBI&EUC costs.
The bidders still in were a Chinese investor and a golf course operator from Malaga/Marbella. We have no news yet which one has won or if the signing happened so we are not holding our breath.
The sequence was a final advert at a fixed price of €200,000 + debts about €2m about 4 mths ago. This was “won” by Hydrocarbon (Malaga) and was published by the liquidator together with the total IBI, EUC debts. However this being Spain that was not the end of it! Three more adverts at the same price followed. The last one closed and it is known that there is a winner who has paid €4m (€1.07m IBI, €0.72m EUC, the rest for the hotel, golf clubhouse and both golf courses) conditional on signing at the notary last Tuesday to avoid an increase in IBI&EUC costs.
The bidders still in were a Chinese investor and a golf course operator from Malaga/Marbella. We have no news yet which one has won or if the signing happened so we are not holding our breath.
Andy
Nov 25th 2017, 4:32 pm
#8
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Posts: 62
Re: Sale of hotel & golf courses
What happens with the Commercial Center, is auctioned separately ?
Nov 27th 2017, 10:46 am
#9
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Posts: 876
Re: Sale of hotel & golf courses
They are buying the share capital of the 3 companies that Fadesa moved the assets into
The companies that are being bought are Baranda Azul , Lamps sa and TR2 sa
The companies that are being bought are Baranda Azul , Lamps sa and TR2 sa
Nov 28th 2017, 11:37 am
#10
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Posts: 465
Re: Sale of hotel & golf courses
Blimey, Ayamonte local council must be celebrating receiving an injection of of 1,070,000 euros IBI tax, - especially as they did zilch to receive it. Perhaps they will fix the lighting from the Mway to the bridge . Ha,ha.
Dec 8th 2017, 8:58 am
#11
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Re: Sale of hotel & golf courses
Dec 8th 2017, 3:31 pm
#13
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Posts: 62
Re: Sale of hotel & golf courses
I wish the new owner Merry Christmas and Happy New Year ! 
Dec 9th 2017, 8:44 am
#15
Forum Regular
Joined: May 2006
Posts: 62
Re: Sale of hotel & golf courses
I hope it !
No more rumours !
No more disilluision !
This is the best Christmas Present for Costa Esuri !
I wrote it on the wish list for Santa Claus !
Lets move on to the action !
No more rumours !
No more disilluision !
This is the best Christmas Present for Costa Esuri !
I wrote it on the wish list for Santa Claus !
Lets move on to the action !