2008/10/25

Uncertainty about the completion of the Parador

The project for the future "Parador Nacional" in Ibiza is stalled. This project can not be initiated so far since there are 4 issues to be resolved before construction can go ahead.

First, the project for the tunnel access to the castle from the Soto area is not redacted yet. Second, Paradores has not yet arranged the purchase of the necesary land from the Defense Ministry which has also not been segregated yet by the Town Hall. Finally, it is also pending completion the basic execution project which is needed to start the construction.

The expected 30 month project is not to beguin anytime soon.

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