British expats in Spain….
Published by Gareth McConnell on October 31st, 2008 in General, News
With the property industry in Spain facing a downturn, one British expat has come up with a novel way to off-load his property just outside Benidorm and start a new life in Florida.
Wayne Connell, owner of an eight-bedroom villa, a wild west theme park and a Harley Davidson, that he values at £5 million, is selling raffle tickets at £25 a pop - the winning ticket takes the lot.
“All the winner will need is a price of a ticket and airfare to get here,” Connell said.
A maximum of 200,000 tickets will be sold he says. If he sells less than 175,000 tickets the winner will receive the cash, he says.
Developers have offered to buy the land, but he wouldn’t get “full value” and he doesn’t want to see the business he built over 10 years “reduced to rubble,” he says
“In the current market, there are not many people buying,” Connell says, “but there are still developers buying up land and sitting on it.”
Would you give over £25 for a chance to win the lot?
Have you heard of other people attempting novel ways of international emigration?
He’s sold about 10,000 so far and intends to hold the draw in April…
Elsewhere in Spain…
A British expat has become the ‘accidental mayor’ of a Spanish town on the Costa Blanca because his predecessors have been arrested in an alleged property development scandal.
The deputy mayor is allegedly caught accepting a 5,000 euro (£3900) bribe stating, ‘It’s better in large denomination bills. They occupy less space,’ in a video released by Spanish media outlets.
All sounds very News of the World.
