thinkSPAIN Logo
  • Buy

    Property for Sale

    • See all properties for sale
    • Start your search using our filters
    • Use our map search
    • Draw your search area
    • Where? Use our location filters

    Popular real estate searches

    Apartments/Flats Fincas/Country Houses Townhouses Villas
    Garden Lift Luxury New Build Parking/Garage Pool Sea View Terrace/Balcony
    Alicante Almería Barcelona Benahavís Calvià Cartagena Costa Blanca Costa del Sol Dénia Estepona Girona Gran Canaria Ibiza Javea / Xàbia Madrid Mallorca Marbella Mazarrón Mijas Murcia Málaga Orihuela Palma de Mallorca Tenerife Torrevieja Valencia
    Browse all locations and property types
  • Rent

    Property for Rent

    • See all properties for rent
    • Holiday rentals
    • Start your search using our filters
    • Use our map search
    • Draw your search area

    Popular rental searches

    Apartments/Flats Fincas/Country Houses Townhouses Villas
    Garden Lift Mountain Views New Build Parking/Garage Pool Sea View Terrace/Balcony
    Alicante Almería Almuñécar Altea Barcelona Calvià Cartagena Costa Blanca Costa del Sol Dénia Estepona Gran Canaria Granada Ibiza Madrid Mallorca Marbella Murcia Málaga Orihuela Palma de Mallorca Tenerife Torre-Pacheco Torrevieja Torrox Valencia
    Browse all locations and property types
  • Sell

    I want to advertise on thinkSPAIN

    • I'm an estate agent & want to list my properties
    • I'm an owner and I want to advertise my property directly

    I'm looking for an estate agent in:

    Alicante Almería Barcelona Castellón Cádiz Girona Granada Málaga Tarragona Valencia
    See all estate agents
  • Where?

    Where to buy/rent?

    • Search by lifestyle needs (Location filters)
    • Browse locations by features/services
    • Use our map search
    • Draw your search area

    Popular location searches

    Alicante Almería Barcelona Castellón Cádiz Girona Gran Canaria Granada Ibiza Madrid Mallorca Murcia Málaga Tarragona Tenerife Valencia
  • Map / Draw Your Area

    Use our interactive map to find properties

    • Map search
    • Draw your search area

    Popular map searches

    Alicante Almería Barcelona Benahavís Calvià Cartagena Costa Blanca Costa del Sol Dénia Estepona Girona Gran Canaria Ibiza Javea / Xàbia Madrid Mallorca Marbella Mazarrón Mijas Murcia Málaga Orihuela Palma de Mallorca Tenerife Torrevieja Valencia
  • How can we help you?

    • Articles & Guides
    • Business & Services Directory
    • Jobs in Spain
    • Advertiser Login
    • Advertising with thinkSPAIN

    Popular searches

    Lawyers / Solicitors Mortgage Brokers Estate Agents Property Maintenance / Management Currency Brokers Surveyors Architects / Architectural Design Tax Consultants
    Finance, Legal & Taxes Buying in Spain Living in Spain Moving to Spain Finding the right property News Areas in Spain Spanish Lifestyle & Culture Property Market Working in Spain Top Locations & Properties Real Estate Market

By Signing up you are agreeing with our Terms and Privacy Policy.

Looking for the Professionals/Advertiser Login?
or

Don't have an account?  

Sign up

By Signing up you are agreeing with our Terms and Privacy Policy.
or

Already have a thinkSPAIN account?

Sign in/Register

Looking for the Professionals/Advertiser Login?

By Signing up you are agreeing with our Terms and Privacy Policy.
or

Don't have an account?

Forgot your password?

Feedback is welcome

By submitting this form, you confirm that you agree to our Terms of Use and Privacy Policy.
thinkSPAIN Logo

Luxembourg family buys island off Formentera for €18m

 

Luxembourg family buys island off Formentera for €18m

thinkSPAIN Team 17/03/2018

Luxembourg family buys island off Formentera for €18m
A FAMILY from Luxembourg has bought the s'Espalmador island off the north coast of Formentera 'for their own private use' for the sum of €18 million, according to the Balearic regional government.

A small, uninhabited islet under a protection order, s'Espalmador previously belonged to an architect from Catalunya, Norman Cinnamond, and his sister Rosy, who tried unsuccessfully to sell it to the island council of Formentera.

Cinnamond and his sister say the central-European buyers are 'fully aware' of the fact the islet is under a conservation régime as it forms part of the Ses Salines nature reserve, shared by Formentera and Ibiza.

Formentera was keen to take up the offer to buy s'Espalmador when the Cinnamond family offered it to them, so it would become public land, and hoped to obtain funding from the Balearic regional government and the Spanish State to do so, but was unable to get the money together, according to MP for the independent party Gent per Formentera, Silvia Tur.

Sra Tur has urged the regional government to meet with the Luxembourgois owners and explain the island's protected status to them.

“What is most important, irrespective of whoever the owner is, is that the islet is properly conserved and no activities which are not permitted by law are carried out there,” Tur says.

She admitted that 'like the vast majority of Formenterans', she would have liked the island council to have been able to buy it with the help of State funds.

Activities 'not permitted by law' would include anything that disrupts or damages the flora and fauna or radically alters the appearance of s'Espalmador.

This means building of any kind would not be allowed there.

 

Photograph: Wikimedia Commons

 

 

Related Topics

  • Environment

You may also be interested in ...

  • Property for sale in Formentera
  • Property for rent in Formentera

More News & Information

Air travel's 'green' future: Why food-waste fuel is a long-haul project
Travel/Tourism 18/07/2023
Air travel's 'green' future: Why food-waste fuel is a long-haul project

Debate over banning short-distance flights takes off, but the cons outweigh the pros

View
All batteries in EU to be recyclable by 2027 at Spain's instigation
Environment 13/07/2023
All batteries in EU to be recyclable by 2027 at Spain's instigation

BATTERIES from mobile phones, laptops and even cars are among those that must be recyclable within the next four years in accordance with a new European Union regulation, as explained by Spain's minister for...

View
Overhaul of electricity 'time tariffs'? Solar power changes the debate
Environment 22/06/2023
Overhaul of electricity 'time tariffs'? Solar power changes the debate

ELECTRICITY could become cheaper to use at more convenient hours in a hypothetical about-turn for household bills – and that's thanks to solar power.

View
Spain still unbeaten for blue-flagged beaches...since 1987
Travel/Tourism 09/05/2023
Spain still unbeaten for blue-flagged beaches...since 1987

YET again and for the 36th year running, Spain holds the record for the highest number of blue-flagged beaches in the world, with its east-coast region of the Comunidad Valenciana having more than any other.

View

Advertisement

  1. Spain
  2. Balearic Islands
  3. Formentera
  4. Formentera municipality
  5. Luxembourg family buys island off Formentera for €18m