Chinese investment in leisure complex near…… Valencia

Reported by EW: oropesaThe Marina D’Or organisation, North of Castellon,  which owns significant empty properties in Oropesa del Mar near Valencia,  attended the CITM, the most important tourist fair in China this year.

Within a few weeks it is reported that Chinese billionaire Wang Jianlin who owns the Dalian Wanda investment company was in discussion with the Owners  of the resort who are looking to sell 75 per cent for a reported €1.2 billion.

The Wanda group through its Madrid office has been investing heavily in Spain over the past year or so including purchasing the Art Deco Edificio España building in Madrid from Santander which it intends to refurbish.

An investment of this type would certainly be in keeping with the company’s strategy and it is possible that it would look to develop the entire area into an upmarket holiday resort including possibly a casino.

In addition to property, the talented Wang Jianlin has also taken a 20 per cent stake in football club Atletico Madrid.

Category : Uncategorized

Leave a Reply

 

About Us

Villas Valencia offers properties in Valencia at Spanish prices. What`s more, we don`t charge the buyer (as most other agencies do). We are an English locally run estate agent company dealing with properties in a picturesque area around the city of Valencia.

Testimonials

You are the only agent we dealt with your knowledge of the area and the buying process left us at ease that everything would be taken care of. - Mr & Mrs P, in Naquera

Your advice was clear and brilliant. You completely understood our requirements and objectives, facilitating our new purchase. Thank You! - Mr L, Now living in Lliria

You offered a great service from start to finish, clearly explaining all our options and helping speed everything through. You translated everything we needed quickly.

- Mr T, Second home in Montroy

Villas Valencia was fantastic and exceeded my expectations. I will and have recommended you to others. Thank you for all your referrals for building work. We love our new pool! - Sean, house in Rocafort

Thank you for all the help buying our property in Valencia. With so much to think about, you explained everything well and made it all very easy. Cant wait to move out there fully and enjoy a G & T on our balcony with you.

- Ben, house in Naquera

Send to Friend

Email Agent