Ten Investors Bid for the Old Post Office Building and the Palacio de la Tinta in Málaga

19 November 2019 – Investors have submitted ten bids for the old Post Office (Correos) building and the Palacio de la Tinta in Málaga. The Junta de Andalucía launched the auction and expects to receive at least 30 million euros for the two properties.

The old Post Office building, located on the Avenida de Andalucía 1, has an appraisal value of 16.8 million euros; and the Palacio de la Tinta, at Paseo de Reding, 20, has a starting price of €12.54 million. The auction will feature a total of 22 properties worth a combined 47 million euros.

Original Story: La Opinión de Málaga – Miguel Ferrary

Adaptation/Translation: Richard D. K. Turner