Spanish Airport Goes on the Auction Block

 - December 28, 2021, 8:53 AM
Located near Spain's capital, Ocaña Airfield is available if the price is right. (Photo: SENASA)

If you have ever wanted to own your own European airport, now is your opportunity, with Spain’s Ocaña Airfield on the auction block.

Located less than 40 miles (60 km) from Madrid, the facility opened in 1962 and is restricted to public, uncontrolled general aviation use. The airport covers 94 acres and has two crossing runways of 4,200 feet (1,280 m) and 2,300 feet. It has nearly six acres (23,000 sq m) of paved ramp, three hangars; one of 20,100 sq ft (1,871 sq m), and a pair of 17,000 sq ft structures; a main hall/terminal with offices, a restaurant, bar, and bathrooms; and a variety of smaller support structures. Also on the property is a 36,800-sq-ft, three-story “student dormitory building” with a swimming pool, playground, and gardens.

According to Spanish aviation authority SENASA, which is conducting the auction in a two-stage process through auction portal Escrapalia, sealed bids will be accepted until Feb. 4, 2022. The minimum opening bid is €1.06 million ($1.2 million) and a security deposit of 5 percent of the minimum bid must be given to guarantee a commitment to purchase. The bids will be unsealed on February 10, and the top three bidders will then compete in an online auction, which will take place between February 14 and February 17.