The Auction of Butrón Castle, a Symbol of Bizkaia (Spain), has Opened

  • This is the only Romantic style castle on sale in the country
  • BNP Paribas Real Estate is organizing the process as an online ascending price auction

BILBAO, Spain, Sept. 23, 2014 /CNW/ - The real estate consultancy BNP Paribas Real Estate has started today, 23rd September, the auction of Butrón Castle, located 19 kilometres from Bilbao (Spain). The auction of this especially unique property asset of great historical value will be carried out in the form of an internet ascending price auction. The auction process will be open until 21st October. The starting price for the asset is €3.5 million. The property complex is in excellent condition of preservation.

(Photo: http://photos.prnewswire.com/prnh/20140923/706639 )

Butrón Castle is one of the symbols of Bizkaia and has been recognized as a protected heritage building. It has a built surface of over 2,400 square metres and is located in a privileged environment with a park of over 35,000m2.

The unique nature and importance of this property - the only Romantic castle on sale in Spain - make it particularly attractive to investment funds or private investors (which were approached by the real estate consultant prior to the auction). The auction sale will be carried out on this website http://www.butroncastle.com.

Butrón Castle - currently belonging to INBISA - was for over 300 years (from the 13th to the 16th centuries) a bastion around which the history of Bizkaia developed. It is a magnificent monument of Romanticism.

The Castle was built in the Middle Ages by the Butrón family and was renovated by Francisco de Cubas and González-Montes, Marquis of Cubas, at the end of the 19th century. It is surrounded by an extensive parkland.  

The property has a ground floor, mezzanine, five floors, rooftop and four towers. Inside there are several rooms including a guest reception area, the old chapel, the fireplace hall, a 200m2 large open area, the courtyard, the food storeroom, a natural water well, a library, two bathrooms and one dungeon. All the rooms are decorated and furnished, have lighting, kitchen facilities, heating, a wine cellar and outside parking.

You can download and view images here: 

http://bit.ly/butron-castle 

SOURCE: BNP Paribas Real Estate

For further information: Press contact INBISA: NEWSLINE: Miguel Ramos / Isabel Rubio, T: +34-93-580-10-12 - irubio@newsline.es / mramos@newsline.es; Press contact BNP Paribas Real Estate: Alicia García - T: +34-91-478-22-10, M: +34-699-49-44-04 - alicia.gflores@telefonica.net; Emilie Gradassi - T: +34-91-454-99-80 - emilie.gradassi@bnpparibas.com

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BNP Paribas Real Estate

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