In Vino Veritas?

There have been no news about the planned acquisition of the old Bodega Cooperatice Es Sindicat by the Ajuntament de Felanitx since last April when it was said that a professional taxation was being undertaken. I hope that a fair valuation will stipulate that the purchase price of 4,000,000 €, payable over eight years, plus buying tax, is way over any realistically true value of this property. If I recall correctly, the property was acquired by auction for a price in the region of 35,000,000 pesetas (approx. 210,000 €). During the Nineties, the new owners stipulated an asking price of 100,000,000 pesetas (approx. 630,000 €), and somewhat later, under Felanitx alcalde Miquel Julia, a purchase was negotiated in amount of 400,000,000 pesetas (approx. 2,400,000 €), partly to be paid by the Consell de Mallorca. Perhaps, neither Señor Ripoll nor Señor Tauler, current alcalde in Felanitx, are aware that Mallorca and Spain suffer from an economic crisis which has severely affected property prices to the tune of minus 40 % over the last six years. The photo was taken in Felanitx, Mallorca, Baleares, Spain. The date: June 29th, 2014.

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