The Hotel Los Monteros has been reopened

August 6, 2010 at 4:13 pm Leave a comment

The Hotel Los Monteros reopened on the 1st of August, after an authorization by the Commercial Court of Málaga. the company was transferred to the new owners.

In a press conference, the manager of the New Monteros Company, Judah Azuelos, stated that the price of the establishment had risen to 25 million euros and that the reopening of the hotel was due to a particular affection he feels for the Costa del Sol.

After having thanked the authorities of Andalucía and the Marbella City Council for their support, the manager stated his disappointment regarding the claim sof 8 million euros in debt coming from the departments of Finance and Social Security. However, he declared that the debt to the town of Marbella will be paid.

This reopening is considered great news especially considering the economic crisis and it is expected to attract more tourists and capital to Marbella.


Entry filed under: Hotels, News, Real estate. Tags: , , , , , , , , , , , , , , .

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