Massive Abandoned Urbanización Spain

Las Lamparillas Fortuna Murcia Spain.

Fortuna Hills Nature and Residential Golf Resort.
Developed and promoted by Eurohouse, Fortuna Hills was aimed at golf-playing Britons who wanted to retire in Spain but perhaps couldn’t afford something similar along the coast. Work started on Las Lamparillas, which was only one part of the resort, in 2007. This was intended to hold 3,737 houses, varying from detached to semi-detached. Buyers put down sums of money up to 51,000 euros in order to secure their property on the development.
In January 2009, Eurohouse called a halt to their Fortuna Hills development, the company collapsed in administration and went bankrupt after failing to pay debts worth 120 million euros. This was largely due to the economic downturn that was affecting many building and development companies in Spain at the time, and meant that the properties wouldn’t be completed (info from: Alonso & Haro Solicitors).

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