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09/18/2012 08:05 am ET

Ciudad Valdeluz, Abandoned Town In Spain, Sits Nearly Empty (PHOTOS)

CIUDAD VALDELUZ, SPAIN - JULY 05:  A road network surrounded by wasteland remains the only evidence for a proposed residentia
CIUDAD VALDELUZ, SPAIN - JULY 05: A road network surrounded by wasteland remains the only evidence for a proposed residential development on July 5, 2012 in Ciudad Valdeluz, Spain. The new city of Ciudad Valdeluz, 60km from Madrid, was originally intended to be home to 30,000 people however it currently has only approximately 700 residents. Despite having the fourth largest economy in the Eurozone, the economic situation in Spain remains troubled with their unemployment rate the highest of any Eurozone country. Spain is currently administering billions of euros of spending cuts and tax increases in a bid to manage its national debt. Spain also has access to loans of up to 100 billion euros from the European Financial Stability Facility which will be used to rescue the country's banks that have been badly affected by a crash in property prices. (Photo by Oli Scarff/Getty Images)

Much like the abandoned Ciudad Real International airport, Ciudad Valdeluz also sits nearly abandoned in central Spain.

Valdeluz, a suburb roughly 37 miles northeast of Madrid, was meant to be a stop on the AVE, Spain's high-speed rail, in the province of Guadelaja. The city was built to house 30,000 people; instead, due to the economic downturn, it was never finished and only around 1,000 people took up residence there, according to The Daily Mail.

Now a 24-hour security patrol is in place to safeguard the town's residents and a pharmacy is due to open soon, The Daily Mail reports.

Despite the sparse population, the town is an eerie reminder of the economic downturn and how easy it is for towns around the world to be abandoned.

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