Roca assets sell-off underway as €2.1m hotel goes

The hotel was listed on website launched to sell Malaya kingpin's seized property

A Málaga court has approved the 2.1 million euro sale of the La Malvasia hotel at El Rocio

By Oliver McIntyre

The selling off of millions of euros’ worth of assets seized from Malaya corruption case kingpin Juan Antonio Roca got a kick-start last week with the provincial court’s approval of a €2.1 million deal for a hotel at the famous El Rocío pilgrimage site in Huelva.

The 18-room La Malvasia hotel – created in a large old house at El Rocío – was one of the numerous properties, artworks, vehicles, luxury watches, horses, antique carriages and other items listed on a recently launched website promoting the sale of Roca’s seized assets.

The buyer is a winery owner from Jerez de la Frontera, Cádiz. The sale price had originally been set at €1.9 million but was boosted to €2.1 million after another offer came in thanks to the hotel “being publicised on the website,” said the Málaga court in its approval of the sale.

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