- Jan 29, 2007
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http://www.bbc.co.uk/news/world-europe-33578949A group of international investors has won a bankruptcy auction for an abandoned airport in central Spain with a 10,000 (£7,000) offer - 100,000 times less than it cost to build.
The investors were the only bidders for Ciudad Real airport, south of Madrid, completed during Spain's boom years.
But it is not clear if the sale will go ahead as another buyer could still step forward outside of the auction process.
The winning bid was made by a Chinese-led consortium of investors.
The group, Tzaneen International, says it wants to make the airport an entry point into Europe for Chinese companies.
One of the best deals ever?