Re: Re: Press articles about the Spanish property situation


@katy wrote:

No, I don’t think it will happen…lets have a bet 💡

You’re the one who stated the Paramount park wouldn’t get off the ground? Based on this report, I think your track record is looking a little dodgy now – best you save your money!
Of course, we’re not at Feb 6 yet, but it looks like it’s going to be signed off then. Not that it bothers me, theme parks and gambling casinos aren’t my thing.

The land for the Paramount branded theme park in Murcia, Spain, will be officially signed off next month, it has been confirmed.

The Mayor of Alhama de Murcia and local estate agent Mercers said that the deal will finally silence a group of ‘doubters’ who thought the international brand might back out because of the global economic downturn.

But Proyectos Emblematicos Murcianos (PREMURSA), the promoter behind the park and lifestyle centre, confirmed that that it will purchase the land destined for the project at a cost of €15.8 million on 06 February 2012 when details of investors will be revealed.

‘Some have been sceptical about Murcia’s grand plans, understandable given the economic climate, however the Mayor has reiterated the importance of the project in guaranteeing work to a whole generation of young people growing up in Alhama de Murcia,’ said Chris Mercer, director of Mercers.

‘Likewise, if PREMURSA has officially stated its intent to spend almost €16 million next month we can be confident that they have the backing to proceed otherwise €16 million for what is essentially a rather unremarkable piece of land would be a seriously expensive error. All eyes will be on 06 February in anticipation of the biggest step forward in the project to date,’ he added.

The land in question is in Alhama de Murcia and extends to just over 1.8 million square meters of which 774,777 square meters will become the theme park and just over 1.03 million square meters become a lifestyle centre with seven hotels, restaurants, bars, nightclubs and a business district with modern office space, an auditorium and convention centre.