GATA RESIDENCIAL is a permanent reminder of the property boom and the subsequent bust.
The 700-house development began in 2000 but 16 years later only 500 have been finished. In 2012, Grupo Bertolin won a municipal tender to complete the urbanisation’s infrastructure, but wants to break the contract and receive €700,000 compensation.
The town hall, now governed by a Compromis-JuGa alliance, rejected the request. The matter was debated at the last plenary meeting and all political parties voted to maintain the contract.
Gata Residencial has encountered obstacles all along the way, town hall sources said. Jubesa, the company that originally promoted the development, was declared bankrupt, although the town hall at least had the €6 million that the company had to deposit before embarking on the project.
The council accordingly sought another company to finish the urbanisation’s roads, water supply and main drainage, and awarded the contract to Grupo Bertolin. Gata’s current Urban Development Councillor Jaume Monfort told the provincial Spanish press that the company’s bid of €3.5 million was recklessly low, especially as Bertolin also undertook to carry out €1 million of improvements.