Spanish Ciudad Real Airport sold for just £7,000

Jessica Morris
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The ghost airport is a symbol of Spain's economic woes post financial crisis(Source: Getty)

A Spanish ghost airport, one of the symbols of the economic woes the country endured amid the Eurozone crisis, sold for €10,000 (£7,000) at a bankruptcy auction today.

Ciudad Real Airport was snapped up by Chinese investment company Tzaneen International which wants to transform it into a European hub for Chinese businesses.

The airport is 146 miles south of Madrid cost more than €1bn (£694m) to build. It had initially opened in 2008 but was bankrupt and closed just four years later.

It's one of the country's "ghost" airports which were built ahead of the global financial crisis, however when recession struck, there weren't enough passengers and it folded.

A similar fate befell another Spanish airport Castellón–Costa Azahar which opened in 2011 but has never had a single flight.

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