Spain's Maricarmen Abascal's Foreclosed Madrid Hill Chalet Revealed in 2000 BOE
The Official State Gazette published the 2000 auction of Maricarmen Abascal's Collado Mediano chalet for 20 million pesetas, predating her recent political controversy.
English · Original discussion in Spanish · Published
Maricarmen Abascal, whose eviction triggered a political earthquake in Spain, had previously appeared in the Official State Gazette (BOE) as a mortgage debtor. On June 13, 2000, the publication announced the auction of her chalet in Collado Mediano, Madrid, to settle an unpaid loan with Banco Zaragozano.
## An Official State Gazette notice with full name
Maricarmen Abascal had already appeared in the **BOE** as a mortgage debtor. On **June 13, 2000**, the Official State Gazette published a notice from the Court of First Instance and Instruction No. 2 of Collado-Villalba, identifying her as the defendant in a mortgage proceeding. The court was handling case 117/99, initiated by Banco Zaragozano, to claim a mortgage credit.
The property was not just any apartment. It was located in **Collado Mediano**, in the Reajo del Roble urbanization, very close to the Navacerrada reservoir, a coveted area of the Madrid hills. It was a single-family home on plot B-2.
## The auction: 20 million pesetas and three dates
The court set the starting price for the first auction at **20 million pesetas**. The bidding was scheduled for **July 13, 2000**. If there were no bidders, the procedure provided for a second auction on September 13 and a third on October 18, the latter without a minimum price.
The chalet was registered as a property under construction. Sources consulted suggest it is common for there to be a discrepancy between the registered status and the actual state of a building, so it is possible that it had been completed for some time and that Maricarmen herself may have lived in it. This is not data confirmed by the registry.
The transaction was backed by a mortgage from **Banco Zaragozano**. The bank claimed the credit, and the case went to court.
## The Retiro apartment and the 1956 old rent
The other property involved is a central apartment near the Retiro Park. **Urbagestión** was the owner and stated in a press release on September 24 that Maricarmen had resided there for 71 years. The lease agreement was signed in 1956 under the old rent regime.
According to Urbagestión, this contract was extinguished by the **Urban Leasing Law of 1994**. The law limits the second subrogation in favor of the tenant's children to two years, unless there is an accredited disability of at least **65%** or subrogation occurred before the end of 2004.
The company claims that the second subrogation took place in 2005 without the tenant having officially recognized any degree of disability or claiming it as a justifying circumstance. This is their version, as stated in their press release.
## What the documents prove and what remains open
There are documented facts. The **BOE** notice, the court, the case number, the creditor bank, and the auction type are data that exist. It is also recorded that the property was in **Collado Mediano** and that the bidding was announced for July 2000.
Other points depend on one party's version. The actual state of the chalet, whether Maricarmen ever lived in it, and the details of the apartment lease termination are assertions from consulted sources or **Urbagestión**. These do not equate to a final judicial ruling.
In matters of debts, seizures, and leases, each case depends on contracts, dates, and judicial rulings. It is advisable to consult a lawyer before drawing general conclusions.
## An Official State Gazette notice with full name
Maricarmen Abascal had already appeared in the **BOE** as a mortgage debtor. On **June 13, 2000**, the Official State Gazette published a notice from the Court of First Instance and Instruction No. 2 of Collado-Villalba, identifying her as the defendant in a mortgage proceeding. The court was handling case 117/99, initiated by Banco Zaragozano, to claim a mortgage credit.
The property was not just any apartment. It was located in **Collado Mediano**, in the Reajo del Roble urbanization, very close to the Navacerrada reservoir, a coveted area of the Madrid hills. It was a single-family home on plot B-2.
## The auction: 20 million pesetas and three dates
The court set the starting price for the first auction at **20 million pesetas**. The bidding was scheduled for **July 13, 2000**. If there were no bidders, the procedure provided for a second auction on September 13 and a third on October 18, the latter without a minimum price.
The chalet was registered as a property under construction. Sources consulted suggest it is common for there to be a discrepancy between the registered status and the actual state of a building, so it is possible that it had been completed for some time and that Maricarmen herself may have lived in it. This is not data confirmed by the registry.
The transaction was backed by a mortgage from **Banco Zaragozano**. The bank claimed the credit, and the case went to court.
## The Retiro apartment and the 1956 old rent
The other property involved is a central apartment near the Retiro Park. **Urbagestión** was the owner and stated in a press release on September 24 that Maricarmen had resided there for 71 years. The lease agreement was signed in 1956 under the old rent regime.
According to Urbagestión, this contract was extinguished by the **Urban Leasing Law of 1994**. The law limits the second subrogation in favor of the tenant's children to two years, unless there is an accredited disability of at least **65%** or subrogation occurred before the end of 2004.
The company claims that the second subrogation took place in 2005 without the tenant having officially recognized any degree of disability or claiming it as a justifying circumstance. This is their version, as stated in their press release.
## What the documents prove and what remains open
There are documented facts. The **BOE** notice, the court, the case number, the creditor bank, and the auction type are data that exist. It is also recorded that the property was in **Collado Mediano** and that the bidding was announced for July 2000.
Other points depend on one party's version. The actual state of the chalet, whether Maricarmen ever lived in it, and the details of the apartment lease termination are assertions from consulted sources or **Urbagestión**. These do not equate to a final judicial ruling.
In matters of debts, seizures, and leases, each case depends on contracts, dates, and judicial rulings. It is advisable to consult a lawyer before drawing general conclusions.
Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (10 replies).
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