2023-06-18 09:30:10
After announcing his delicate personal moment, Alejandro Sanz suffers a new setback, this time in the economic aspect.
According to information published by the newspaper ‘El Mundo’, the court of first instance number 47 of Madrid has sentenced the interpreter to take charge of a millionaire non-payment after the purchase of several luxury properties in Miami whose loans stopped paying.
The first ruling in this case is from the Miami Court, specifically, from two years ago, and now a judicial resolution in Spain has decreed the execution of the US sentence for which he was sentenced to pay three million euros, which he must face with his personal assets.
unpaid real estate
Of the two luxurious properties acquired by the singer, the one that stands out the most is aa 1933 colonial house that he bought for $4.7 million. To buy it, he requested different loans through various companies, and put another as collateral, as well as a farm in Miami.
When Alejandro Sanz stopped paying the bills and did not reach a solution in the negotiation, the fund to which the financial institution had assigned the loans launched a foreclosure process to repossess properties and put them up for sale. The singer’s companies did not respond to the lawsuit and were declared in default by the Miami Court.
The artist’s lawyers tried to transfer the properties to the fund in February of last year to sell them and settle the debts, but the movement was not carried out because this He asked for 14 million for them and because he did not provide all the necessary documentation.
In September 2020, the Court recognized a debt of almost 12 million dollars on the part of the singer that had to be paid with the auction of the houses, which were finally sold for almost 9.5 million, which is why Sanz must face the difference.
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