Salto de Castro: Spanish Village With 44 Houses Is On Sale For Rs 2 Crore

An entire Spanish village with 44 houses has gone on sale for $259,000 (Rs 2 crore)¡ªthe same price as a one-bedroom apartment in Madrid.

Spanish village is on sale for Rs 2 crore

Salto de Castro, an abandoned village in north-western Spain, is on the market after the owner declared he is an urban dweller and could not maintain its upkeep.

Wikimedia Commons

In addition to 44 homes, the village, which is three hours' drive from Madrid, has its own bar, school, church, hostel, swimming pool, and sports courts.

Located in Zamora province, near the Portugal border, Salto de Castro sits on a hilltop looking out over the Arribes del Duero natural park.

Google Maps

The village was reportedly also home to an old barracks that used to house the Civil Guard, as per the listing on the Spanish real estate website Idealista.

Salto de Castro has been abandoned since 1980s

Despite its amenities, no one has lived in the Spanish village since its inhabitants left more than 30 years ago.

The village was built in the 1950s by an electricity generation company to house the families of workers at the dam nearby, but was totally abandoned in the 1980s.

Wikimedia Commons

Salto de Castro was purchased by the current owner back at the turn of the millennium with the intention of turning it into a tourist destination.

The village was previously on sale for more than ?5 million, but as no buyers came forward, the price has nosedived.

While the asking price would only buy a one-bedroom apartment in Madrid and so may seem like an unbelievable deal, there's one catch. The investment required in order to renovate the village and turn it into a tourist spot will cost €2 million.

For more trending stories, follow us on Telegram.