House prices have skyrocketed. Luxury homes in Mediterranean regions, at impossible prices. Why does a Portuguese real estate agency want two houses and a manor house in the countryside of Alzira (Valencia) that are in ruins?
This is the question that any citizen and investor would ask themselves knowing the current situation (last Thursday, September 12) of what was the headquarters of the former all-powerful advisor to Joan Lerma and Francisco Camps, Rafael Blasco. And the property of the former spokesman of the PP in the Corts Valencianes was one of the jewels that were seized from the former politician by the Court of Auditors to pay for the plundering of the funds of cooperation for development of the Generalitat Valenciana. Justice obtained 624,000 euros from the auction of the property, the only offer presented by the Portuguese company Inéditenigma, despite the fact that the property was valued at 891,024 euros.
As elDiario.es has been able to verify, the property located in the Barraca d’Aigües Vives (Alzira) has been completely abandoned since at least 2021, when the Portuguese company paid more than 100 million pesetas. Chips in the paint of the house, originally from the early 20th century, which Blasco rehabilitated when he was a territorial councilor. Grasses and herbs of more than half a meter that can be seen as soon as a curious person dares to look between the bars. And trees, palm trees and decorative bushes that have not been pruned for years due to lack of maintenance. On the exterior walls, previously a dull green with vines, the plants are dead and the paint faded. The orange trees, the sports field and the Asian-style swimming pool, also destroyed. The one that was a cabal of politics and business in the Valencian Community, abandoned by the hand of God. And above all, totally devalued. A useless investment. Or is it?
According to the Land Registry, as of September 13, 2024, the ownership of the abandoned property of the former Valencian politician continues to belong to the real estate company Inéditenigma, whose shareholders are the Portuguese couple José Mário Cordeiro Dos Santos (with 99% of the shares of the company) and Sónia Lukene Gonçalves Dias Cordeiro Dos Santos (with the remaining 1%). They have not looked for tenants, nor for a quick sale to take advantage of the good time of the brick in the Valencian Community and Spain. No one on the phone and no one is making sure that the property is lost.
The property, as the appraisers have very well demonstrated, has an important economic value. Almost a million euros. And it has three homes, a swimming pool and a sports field. The rehabilitated and original house of the complex has 135 meters built. In his time, Blasco restored it with the original colors, windows and doors of the early twentieth century. It is the ocher-colored house that can be seen from the street.
The second house is the house he built for his son and has 175 square meters built. They built a different entrance but, due to the lack of the notary in the deed, included it in this property and not in the separate property of Blasco’s son, Rafael Blasco Císcar, known as Rablaci. As reported on Sunday by elDiario.es, Rablaci is trying to recover 1% of the assets that his father gave him before the legal storm takes away part of his assets.
The third house, which is a real mansion, is the jewel of the residential complex. Counting the two floors (including the basement), it has about 450 square meters. It is the house where Rafael Blasco and Consuelo Císcar lived and where they had a large collection of modern art, partly donated by important Valencian painters who exhibited at the IVAM under the direction of Císcar. The house was designed in 2003 by the renowned Vicente Guallart (former municipal architect of Barcelona at CIU), a year after receiving a commission from the IVAM to exhibit at the Venice Biennale and after the Department of the Territory of Blasco entrusted him with the design of the megaproject. .of Sociopolis. For their part, the renovation work was carried out by a company of the Franjuán group. Franjuán received a contract from Blasco of almost 40 million also for a project in Sociópolis.
The work on the house was carried out between 2004 and 2006 and benefited from a legal trick, since the house was built on an irrigation pond, which allowed it to gain an additional floor. At that time, on rural land, it was legal to build a factory only and provided that it had a large area, which was the case since it had about 25 hectares of orange trees.
These 25 hectares of orange trees and a tool shed are no longer part of the complex owned by the Portuguese real estate company. Blasco separated them and gave them to his son Rablaci along with a tool shed. This is the property that the family has tried to recover in court in recent years for 2,000 euros when they came to bid for 40,000 to keep it. Sources close to the situation of the two properties have suggested to elDiario.es that there is a relationship between the Blasco family and the real estate company for the recovery of the main property. Its abandonment of use still raises suspicions about the true ownership of the property.
4.6 million and two apartments in Valencia recovered
In any case, and thanks to the payments made by those convicted in the Blasco case, Rafael Blasco himself, Alejandro Catalá, Marcial López, Marc Llinares and Tina Sanjuan, the public administration recovered 2,772,392.11 euros. Thanks to the commercial mastermind of the plot, Augusto César Tauroni, the public coffers managed to raise an additional 1.6 million for two apartments in Miami that were sold at auction. To these 4.3 million must be added two apartments requisitioned from Marcial López, also convicted, on Ausiàs March Avenue in Valencia, owned by the Generalitat and for which the public administration already foresees a social use. Given the general discredit that the corrupt do not end up paying for their misdeeds, in this case the economic damage would be about to be compensated. Of course, the money never reached Guinea, Senegal or Peru. And it was irreparable damage.
