Andalusia Auctions Off €22 Million in Disused Heritage,Including a €6.5 Million Estate
Seville, Spain - The Andalusian regional government is launching a new public auction of 27 disused properties across its eight provinces, aiming to generate €22 million in revenue. The initiative,spearheaded by the Ministry of Economy,Finance and European Funds,is part of a broader strategy to revitalize neglected public assets and redirect funds towards essential services.
The most eye-catching property on offer is the Sierra Nevada Free Time Residence, valued at a substantial €6.5 million. Though, the auction includes a diverse range of assets, from industrial complexes to vacant land, many of which have sat unused for decades.
This isn’t the first time Andalusia has turned to auctions to optimize its public heritage. As 2019, five previous auctions have already brought in a remarkable €138 million – enough to fund approximately 69,687 cataract operations or provide 140,162 students with school lunches for a year.Past successes include the sale of the Malaga Post Building (€23.5 million), the ink Palace (€21 million), and the Old Mondragones barracks in Granada (€15.1 million).
Decades of Disuse
The current auction features properties with notably long histories of abandonment. Included are the Old IES Rosa Navarro in Olula del Río (Almería), closed since 1997, a property on Álvarez de Castro Street in Almería unused since 2018, and the Eurocei industrial complex in San Juan de Aznalfarache (Seville), shuttered in 2013. several plots of land, transferred decades ago but never developed, are also included, highlighting the potential for new construction and economic activity.
Investing in Public Services
Andalusian President Juanma Moreno emphasized the importance of this strategy, stating that it transforms “unproductive heritage into useful resources for citizens.” He specifically highlighted the intended beneficiaries: “Income for Health, Education and Dependency.”
Beyond Auctions: A Push for Public Housing
The government isn’t relying solely on auctions. Alongside the property sales, the Governing Council has approved a €4.2 million subsidy for Emvisesa to construct 136 homes in Seville.A project is also underway at the Granada Mondragones Barracks to build 328 rental homes. Moreno announced an ambitious goal to deliver 41,000 public homes across Andalusia, positioning the region as a leader in public housing initiatives in Spain.
Key Takeaways:
* Auction Value: €22 million across 27 properties.
* Flagship Property: Sierra Nevada Free Time Residence (€6.5 million).
* Total Revenue from Previous Auctions: €138 million (as 2019).
* Focus: revitalizing disused public assets and funding essential public services.
* Housing Initiative: Plans to build 41,000 public homes across Andalusia.
SEO Notes:
* keywords: Andalusia, Spain, property auction, public heritage, real estate, Juanma moreno, public housing, investment, seville, Granada, Almería.
* Target Audience: Investors, real estate developers, individuals interested in Spanish property, readers following Spanish political and economic news.
* Meta Description: Andalusia is auctioning off €22 million in disused properties, including a €6.5 million estate. Learn how the region plans to use the funds for health, education, and public housing.
* Internal linking: Opportunities to link to other articles on world-today-news.com related to Spanish real estate,economic policy,and regional government initiatives.
* Image Optimization: Include relevant images of the properties being auctioned,optimized with alt text containing key keywords.
