Wednesday, March 27

Putin, a mansion in Malaga and a mistake


The invasion of Ukraine by Russian troops has brought into focus the assets of Russian President Vladimir Putin, on which the EU is preparing a series of measures against his patrimony for leading the attack on Ukrainian soil. Not surprisingly, it is estimated that Putin’s fortune amounts to some 63,000 million euros, which would place him as the richest man in Russia and one of the richest in the world. Its properties, in many cases almost unknown, are distributed throughout the world and it has even been said in different media that it is also in Marbella, specifically to the urbanization La Zagaleta, in Benahavís, residence of many Russian tycoons. Since 2012 to this part it has been taken for granted that he owns a mansion valued at 50 million euros and with all the luxuries. However, it seems that a mix-up with some initials is behind this error.

The protagonist of this story is a mansion located on the top of a hill known as ‘La Roca del Rey’ and with spectacular views of the Strait of Gibraltar. In a dominant position of area known as La Zagaletathis villa was originally built in 2000 by British tycoon Alan Sharam and that he died in it twelve years later. A few months later she was bought by a Russian citizen with the initials VP, which gave rise to numerous speculations and it was stated that the person behind it was Vladimir Putin, something that denies from La Zagaleta, who affirm that the Russian president was never in that operation. The presence of former Moscow mayor Yuri Luzhkov in the housing estate also served to fuel this speculation.

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What is known is that the investment in that mansion was pharaonic. The disbursement to build it from the beginning is estimated at 18 million eurosgiving as The result was a spectacular 4,400 square meter home in a secluded area of ​​Marbella that ensures a discreet and very luxurious retreat.

The house has 10 bedrooms and 18,000 square meters of surfacewhere numerous leisure elements are included that allow the Russian president to spend time in it almost without having to leave its facilities. A movie theater, miniature golf, a shooting range, a bowling alley, spa and gym make up the facilities available in the mansion. It also has two swimming pools, one 245 square meters outside and with views of Gibraltar, and another heated inside, with a surface area of ​​49 square meters.

Also has a car park of 893 square meters, where a large number of vehicles fit. From its interior, it is known that it has a piano bar and a double-height wood-paneled library. Also has a wine cellar with a contemporary twist with its own champagne baraccording to the real estate agency Agents4stars.

The highest quality materials were used in its construction and it is said that Putin himself supervised all the details of this mansion, which in 2016 was valued at 50 million eurosaccording to data from Agents4stars.

Privacy & Security

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The urbanization of La Zagaleta, stands out for the great privacy it offers. The situation of the mansion on top of a hill and in one of the most exclusive urbanizations in the world, with very restricted access, they give it armored privacy for onlookers, which is why many celebrities and tycoons choose this area for their residences, such as the British musician Rod Stewart who is counted among his neighbors.

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Security measures are very importantwith constant patrols, video surveillance cameras throughout the premises and located discreetly, as well as the vehicle registration before entering the urbanization. The buyers of these homes seek tranquility and the absence of onlookers. In fact, the owners have veto right to the entry of new residents that they consider that they can attract attention to urbanization, even vetoing the admission of world-known ‘celebrities’ to avoid prying eyes.


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