Murcia Golf Properties News
PARAMOUNT THEME PARK FOR MURCIA?
Date: 08/03/2010LATEST NEWS - Bank-owned land at Condado de Alhama has been reportedly offered to Paramount Pictures as a possible site for the proposed theme park.
This would be a massive boost for the resort and would increase rental income significantly. If the theme park went ahead property prices at Alhama are likely to increase rapidly. Now could be a good time to buy a bargain property on this resort - we have properties at excellent prices and with up to 90% mortgages.
See CONDADO DE ALHAMA for more information.
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The multi-national has chosen the region of Murcia to prepare their arrival in Europe with the construction of the largest theme park and entertainment in Spain, to compete with Disneyland Paris. The project has the added value a film studio that will centralize all production in Europe of this giant of the film industry, said the Minister of Culture Murcia - Pedro Alberto Cruz - who just returned from Dubai with a letter from the executive vice president of licensing division of Paramount, Michael Bartok, showing his interest in launching this project once it has proven the economic viability. This will be released in April.
Cruz said that the region of Murcia would become the entertainment centre of Spain with a complex of 2.5 square kilometers (equivalent to two thousand five hundred football fields) to create 20,000 jobs and increase the number of tourists by three million. The project will require 15,000 hotel rooms and the amount of investment is known when formulating the master plan.
Murcian President Ramón Luis Valcárcel has been directly involved in talks in Dubai on Thursday with the Chief Executive of Ruwaad Holdings who told them they have the blessing of Paramount to begin to negotiate and undertake the feasibility studies. According to the counselor, it is multiinational itself who have favored the Murcia region and took the first step.
Ruwaad Executives and technical staff will travel to Murcia to carry out the feasibility study. They will then begin to attract investment, starting with local entrepreneurs. Paramount Pictures will build and manage the park and movie studios, said the adviser. The government give the necessary land in Murcia for the site, which is to be decided. The regional executive will pay royalties and an annual fee similar to that granted by the Community of Madrid for the Warner Park.
This theme park and movie studios will be measured against Disneyland Paris, and not the other resorts already operating in Spain.
The mild climate in the Region of Murcia with 300 days of sunshine a year, its location in central Mediterranean Arc and the new international airport, along with the AVE line, are the factors that have influenced the decision.
Paramount Pictures is one of the major multi-nationals in the entertainment and film industry, along with Disney, Warner and Fox. According to Pedro Alberto Cruz, the U.S. multi-national wants to progress quickly and has set a month's time to evaluate all possibilities.
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