A PRESTIGIOUS and rare beachside development plot being auctioned off in a fire sale is a long way from reaching its asking price of €4.8m.
The land, in Manilva, was seized off disgraced company Forum Filatelico, which swindled 270,000 people in a bogus stamp investment scheme.
However, so far the 17,543 square metre plot – valued at €17 million – has only received a bid of €150,000.
Want to read the Olive Press with ZERO adverts? Click here to become a subscriber today and enjoy 50% off an annual subscription in our special Black Friday sale
Joe Duggan (Reporter)
