Famous Architect Makovecz’s Structure To Be Auctioned Off
- 14 Sep 2017 8:52 AM
The Seville court overseeing the auction is accepting bids until the end of the month.
The owner of the building, the Zent group of companies, is in a winding-up procedure.
The pavilion – listed as an Andalusian heritage site – is burdened with debts. The bid price is 40% of the value of the debt.
The fate of the building considered one of the main spectacles at the 1992 World Expo, took a sad turn ten years ago. The museum that had been functioning inside the structure was closed by the owner, which was then bankrupted by Spain’s property market crisis.
Source: Hungary Around the Clock
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