X

Mexico auctions mansions previously owned by drug lords and criminals

The SAE auctioned 27 lots of properties and expected to raise MXN $168.4 million

Mexico auctions mansions previously owned by drug lords and criminals
A luxury home seized by the federal police in Mexico City - Photo: Fernando Ramírez/EL UNIVERSAL
English 23/06/2019 14:47 Diana Lastiri y Alejandra Canchola Mexico City Actualizada 14:56
Guardando favorito...

Leer en español

The Mexican government announced the auction of real state properties previously owned by criminals.

The Administration and Seizure of Assets Service (SAE) said that “this is the first time the federal government organizes an on-site property auction.”

The SAE auctioned 27 lots of properties and expected to raise MXN $168.4 million.

Ricardo Rodríguez Vargas, the head of the SEA, said that the properties on sale include a house in Los Cabos, Baja California, worth MXN $15 million; an MXN $10 million home in Cancún; the “Los Tres García” ranch in Naucalpan, worth at least MXN $32 million.

The properties up for sale are located in 12 states: the state of Mexico, Mexico City, Querétaro, Baja California Sur, Oaxaca, Morelos, Sonora, Quintana Roo, Colima, Baja California, Tamaulipas, and Sinaloa.

From the 27 properties on sale, only six have been sold for a total of MXN $51,270,364, including a home in Mexico City, sold for MXN $14 million, previously owned by the Beltrán Leyva cartel.
 

gm
 

Guardando favorito...
 

Noticias según tus intereses

El Universal

Las Indispensables

Termina tu día bien informado con las notas más relevantes con este newsletter

Al registrarme acepto los términos y condiciones