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Some ten years ago, the company announced its intention to reopen the old factory. Nothing came of this, and the factory was once more forgotten until an advert appeared on a property website. It was available for 8.

5 million euros and a project for its restoration had already been drafted - on two floors with spacious bedrooms, kitchen, living and dining rooms; a swimming pool; a spa; a gym; a garage; plus 300 square metres of outdoor space. It was clearly an attractive proposition - to someone with a spare 8.5 million, that is.



And so enter into the story two German businesspeople , one anonymous, the other the grandson of the founder of Porsche . Hans-Peter Porsche maintained that he had a verbal contract to purchase the property. So when the owners of Gordiola, the five Aldeguer brothers, formalised a written contract of sale with the other interested party and received a deposit, Porsche legal representatives sought to block the sale.

A court was asked to stop the sale and to enforce the apparent verbal contract. Porsche put up a bond of one million euros in the court to support this and made a counteroffer to the owners, which would have meant a higher price for the old factory. The court turned down the request; there was no evidence as to a verbal contract .

The sale to the anonymous German businessman was finally confirmed at a notary's office last Monday. The Porsche family does have ties with Mallorca. Hans-Peter founded the Alcanada golf course in 2003.

Wolfgang P.

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