“Ciudad Valdeluz”.

Yebes, Guadalajara, Castilla-La Mancha.

The developers of this mini-city planned for 30,000 people promised high-speed commuting to Madrid, hospital, and schools. Eight years after the first new neighbors moved in, there is neither of that. Of the planned 9,500 new homes, only 2,000 have been built, and most are empty. The around 2,000 people that live here have seen how the value of their homes has fallen up to 60%.