Airport in Spain is for sale at a bargain

Cuidad Real International Airport
Cuidad Real International Airport

For the person who has everything: How about the gift of a private airport in Spain? It's a great deal. And, although it is "preowned," it's only been gently used: The travel hub closed just four years after being built.

According to a story in the Daily Mail, the bankrupt airport at Ciudad Real in La Mancha is up for auction and is a steal at $132 million considering what it cost to build — the hefty sum of $132 billion.

There's only one slight snag for the potential new owner: a line of creditors who need to be paid a whopping $703 million altogether.

Built in 2008 and open for business in 2009, the like-new airport located 100 miles south of Madrid seemed like a good idea at the time. It was designed to handle Madrid's overflow, according to the Daily Mail.

But Spain's pricey building boom, including the airport, was spurred by "local political barons" jealous of the success of the Guggenheim Museum in Bilbao, who "plundered the savings banks to build cultural centers, high-speed rail networks and airports without pausing to carry out a feasibility study," reports the Guardian.

The Guardian adds that with Ciudad Real's tiny population of just 75,000, "many Spaniards would have trouble finding it on a map."

The empty 28,000-square-foot terminal was designed to handle 5 million passengers, with a plan to serve travelers to Madrid and the Andalusian coast, each accessible by train in under an hour.

But the airport never really caught on and has been closed since April 2012. According to the Daily Mail, maintenance crews continue to paint the runway with yellow crosses so planes flying overhead know not to land there.