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6d ago

Luis Lobos’s Seized Mansion Listed for Public Auction at ARS 64 Million

The Dirección General de Escuelas launches a third auction for the ex-mayor’s forfeited property, with proceeds earmarked for school infrastructure improvements.

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Subastan una mansión del ex intendente Luis Lobos.

Overview

  • The Dirección General de Escuelas (DGE) has opened a public auction for the Guaymallén mansion formerly owned by convicted ex-mayor Luis Lobos.
  • The auction, the third attempt after two prior failed judicial sales, has a base price of ARS 64,041,977.30 and closes on June 5 at 13:00.
  • The property spans 1,666 m² of land and includes over 620 m² of covered space in the Alto Portal del Sauce neighborhood.
  • Proceeds from the sale will be directed to educational infrastructure projects as stipulated by the provincial Ley de Extinción de Dominio.
  • Luis Lobos, convicted of illicit enrichment and fraud, is currently serving an eight-year prison sentence at San Felipe after losing the property in a landmark 2021 judicial ruling.