Singer Bertín Osborne Selling Andalusian Finca For Millions

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      Mark Stücklin
      Keymaster

      You might never have heard of him but his quite famous in Spain. Bertín Osborne is close to selling his Andalusian ranch in Seville Province for something like €6.5m, asking prices was €8m. All the interested parties are foreign: two Mexicans, one Venezuelan, and one Swiss.

      He says he will only accept selling his property if he gets what he’s told it’s worth. “One can’t accept four [€m] for something valued at eight [€m]” he told El Mundo. “The minimum is six and a half [€m]”

      I’m not sure I follow his argument. And anyway, if he’s owned that property since the 80’s he’d be better of selling today for €4m than next year for €6m, thanks the the elimination of tax breaks for vendors at the end of this year (elimination of adjustment and abatement coefficients on the sale of spanish properties)

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