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Hotel Formentor investment fund says that all guarantees are in place
The newspaper La Vanguardia has described the operation as "suspicious".
Hotel sold to consortium with links to Bill Gates
"Garage sale" at the Hotel Formentor
"Twenty million euro up-grade plan has been announced."
- Spain wants Britons to show they have 113.40 euros, £97, per day for their holidays
- Spanish pensioners stuck at Palma Airport for fourteen hours
- Over two hours for Britons to get through Palma airport queues
- Palma Airport passport control "collapse" put down to unscheduled flights
- Living in a motorhome in Palma: "It'll only get worse"