Dos fondos que compraron 2.490 pisos públicos a Gallardón y Botella los revenden hasta seis veces más caros
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Two investment funds, Fidere and Nestar, are poised to profit significantly by reselling 2,490 public housing units they purchased from the Madrid City Council in 2010 and 2013. These sales, initiated by then-mayors Alberto Ruiz Gallardón and Ana Botella, occurred when the real estate market was struggling. Now, the funds are listing the properties on Idealista at prices up to six times higher than their original purchase price, reflecting the current booming market. For example, apartments in Sanchinarro are listed for as much as 649,000 euros. The original sales were controversial, displacing tenants who had been promised the option to buy. While a few protests have occurred, the resales have garnered less attention than the initial transactions.
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Key Claims (5)
AI-ExtractedLazora (now Nestar) acquired 630 homes for 65 million euros.
The first sale was made by Alberto Ruiz Gallardón's team (PP) in 2010.
Two investment funds, Fidere and Nestar, bought 2,490 public housing units from the Madrid City Council.
Ana Botella sold homes for 70,000 euros deceiving the neighbors, now they will be owned by another vulture fund.
The apartments are being resold for up to six times the original purchase price.
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