Ministry of Defence has Earned €28M from Property Sales since 2012

10 December 2017 – El Economista

The Ministry of Defence has obtained proceeds amounting to €28,382,264.77 in total (since 2012) from the sale of several properties that had been left in disuse in various Spanish autonomous regions and provinces.

That figure is reflected in a response from the Ministry (to which Servimedia has had access) to a question posed by the socialist members of parliament Miguel Ángel Heredia and Zaida Cantera to find out how much money has been obtained from the auction and sale of Ministry buildings from 2012 to date.

In its response, the Ministry of Defence explains that on 25 April 2012, it auctioned a building in Tarifa (Cádiz) that had housed a Residential Property for Non-Commissioned Officers for €1,408,676.99.

Meanwhile, on 5 November 2013, the Ministry sold the building that had housed the Armies’ Cultural Centre along with the property that hosted the Janer Naval Shooting School, both in Cádiz, for €881,880.22 and €6,754,907.15, respectively.

In turn, on 2 July 2015, the Ministry auctioned the building in which the ‘Son Simonet’ barracks used to be located, for €5,550,000; whilst on 5 November of the same year, it auctioned the headquarters of the Residential building for Non-Commissioned Officers in Palma de Mallorca for €6,311,003.07. Finally, on 2 December 2017, it sold a property located on Calle Velázquez, 107, in Madrid (pictured above) for €7,475,797.34.

Original story: El Economista

Translation: Carmel Drake

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