The Special Assets Company of Colombia put up for sale the Alex Saab’s luxurious mansion in Barranquilla, at a price of more than 10,000 million pesos. The modern property is expected to be sold before June, reported the Colombian media On the radio.
In 2020, when the precautionary measure of embargo was imposed, the house was valued at approximately 28,000 million pesos.
Andrés Alberto Ávila, president of the SAE, assured that they have already received several offers and that they are analyzing the use that will be given to the land, Infobae reported. But he didn’t explain the reason why is being offered for a much lower price than it was appraised two years ago.
The mansion is located in the Riomar neighborhood of La Arenosa. For that extravagant property suspicions began regarding the fortunes driven by Alex Saab, points out Infobae. The journalist Gerardo Reyes spoke regarding the subject in his book Alex Saab: the truth regarding the businessman who became a billionaire in the shadow of Nicolás Maduro. The businessman would have started building the mansion when he had already achieved several businesses in Venezuela.
The details of Alex Saab’s mansion
In that sector of Riomar, a avant-garde design mansion with a facade of 100 meters. Count with one area of 1,500 square metersapproximately, according to the description of the Investment Center on its website, indicates Time.
Saab, with a history in the textile sector, sought to be a member of the Country Club in Barranquilla, but was denied membership, according to some versions. At the time, building the house, which is next to Marymount College, was seen as an opulent response.
Among other details that Cisa provides for those interested in acquiring the property, there is: “Dividing house whose construction is a single functional unit and is built on two lots of land, consists of three levels, has a residential use and is currently unoccupied. It has a clay tennis court and two swimming pools”.
Stop being a symbol of illegality
In addition to the property that belonged to Saab, other assets that the agency has seized are sold, and that add up to more than 200,000 million pesos in total.
The official indicated that the idea is that they cease to be symbols of drug trafficking or illegality. He also expressed that they hope to generate urban space for new works with the disposal of assets from unfinished works and that this process is intended to be applied with Pablo Escobar’s Hacienda Napoles or Carlos Lehder’s inn.
