Funds from Spanish taxation or EU grants?

Dear Sir, Ms Anne Kay's confirmation in her column of Tuesday, that indeed the figures were correct, ie, 330 million pesetas of state funds were used to acquire a plot of just over 20'000 sq ms in Andraitx was welcome clarification, but her comparison of a land plot to build apartments being sold for 10 million pesetas is hardly a comparison of values. If only four apartments were built on the plot, making a land content value of 2'500'000 pesetas per dwelling, this only emphasises the huge amount paid for a plot that could only have one house built to replace the one in ruins. That same day in a Spanish newspaper, a plot in Andraitx with permission for eight houses to be built is offered for sale at 55 million pesetas. Whilst Alcudia is not Andraitx (and vice versa -- different preferences) we (our estate agency), have a parcel of land of 42'000 sq ms, only three minutes drive to either port or town, commanding total views across the Bay of Alcudia, with permission to build 500 sq ms of house, for 85 million pesetas, one-third of the Andraitx plot price purchased with state funds, yet double the sq ms.