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SPAIN-HOUSING/
RTXAMDA
November 15, 2008
Spanish developer Jose Moreno talks to people as they wait for a chance to buy a flat in Fuenlabrada,...
Fuenlabrada, Spain
Spanish developer Jose Moreno talks to people as they wait for a chance to buy a flat in Fuenlabrada
Spanish developer Jose Moreno talks to people as they wait for a chance to buy a flat in Fuenlabrada, outside Madrid, November 12, 2008. Developer and self-styled Robin Hood, Moreno offered 18 to 35 year olds the chance to buy a flat on the outskirts of Madrid for as little as 120,000 euros ($152,200), paid in instalments of up to 600 euros per month over a 20 year period. The 2,100 flats have not yet been built, but Moreno hopes to buy sites in the south of Madrid and surrounding areas to start cheap housing projects, similar to other schemes he has started. Picture taken November 12. REUTERS/Susana Vera(SPAIN)
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