With ‘El Chapo’ Behind Bars The Government Has Seized His Homes And Now They’re Putting Them Up For Auction
Some would say that interest rates are so low at the moment, that it’s a prime time to buy a house. But you know what’s an even better reason to check out what’s on the market? Three words: El Chapo’s house. That’s right, amigas. Now that the ex-leader of the Sinaloa Cartel is definitively stuck with a pretty hefty life sentence, his goods are up for sale. His house and worldly possessions, that is. Not the drugs and other contraband.
We should probably mention: it’s not just one house being auctioned, it’s six.
Imagine owning six houses. That’s definitely living the dream. Although, in Joaquin “El Chapo” Guzmán’s case, he was pretty much confined to his living quarters when he was on the run. Granted, we can make an educated guess that there’s probably only so much you can do, even in a super duper decked-out pad. Poor El Chapo had it pretty rough, what with having to hide from the authorities across six homes. Especially in this economy. Okay, okay, we can only get away with so much sarcasm.
Apparently bidding on the drug lord’s home in Calle Rio Humaya will start at $107,349.
But, don’t be fooled: not all of his houses are worth the same. It’s thought that, altogether, his collection of houses should fetch at least a staggering 19.5 million Mexican pesos – or, 1 million US dollars worth. Despite their impressive price tag, it’s worth noting that each of the properties also come fully furnished, sporting things such as television sets, washing and drying machines, microwaves and even exercise machines! That makes them a bargain, right?
And sure, they’re a bargain for anyone who’s watched too many Netflix true crime specials.
Apparently one of the homes is sporting a secret escape tunnel underneath a bathtub. The story behind this fateful tunnel is that the Mexican military had originally barged into El Chapo’s home in Culiacán, Sinaloa, in the early hours of a mid-February morning, back in 2004. The bathtub tunnel is credited with being the reason why El Chapo was able to escape the military’s clutches through an above ground drainage system. That is, until El Chapo was eventually captured, just one week after the raid.
Rumor has it that quite a few of the kingpin’s houses are connected by tunnels.
After all, tunneling seemed to be El Chapo’s favorite way to get around: he previously managed to escape from a Mexican prison in 2015 by tunneling out through a shower stall. Unfortunately, though, we’re yet to hear of any word about whether the laundry cart El Chapo used in his 2001 prison break is also included in any of the auctions.
All jokes aside, the real question is whether there will be a lot of interest in the properties, or not.
And we’re not just talking about the price point. One of the homes was originally purchased by El Chapo for the mother of his son, Ovidio Guzmán López. While the property itself has some pretty substantial draws – we’re talking multiple bedrooms, and an outdoor backyard pool – it’s also connected to a guy who is still on the run, and is very much wanted by the United States. There’s a high chance he might not necessarily want to just let go of a three-storey home that’s worth over half a million dollars. Or other things like the two luxury ships and convoy pricey sports cars. You know, the Ford Mustangs, Jaguars, and Mercedes limousines.
And it may not entirely be up to Guzmán López. El Chapo’s kingpin status fell to his sons after his arrest.
Word on the street has it that the Mexican government had arrested Guzmán López back in October, trying to deal a real blow to the cartels. However, the cartels retaliated by attacking a housing complex designed for military families. 14 people died during the shootouts, resulting in the government releasing Guzmán López to de-escalate the violence. With a reaction like that from the cartels over Guzmán López’s capture, it begs the question as to whether the sale of El Chapo’s homes may inspire copycat attacks during the auctions themselves, or on the new homeowners themselves.
Anyway, those daunting questions aside, here’s hoping that the Mexican government, who are responsible for the sale, see a proper payday from this series of El Chapo properties. The intention for the funds is to see them donated to a children’s music program based in the Mexican state of Oaxaca.
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