Apartment for sale in Spain @ 1 Euro
He is one of the thousands of unemployed workers, Ecuadorian emigrant Mauricio Coyago can not longer pay his mortgage, therefore it occurred to him to organize a raffle.
His idea is making him famous. Ecuadorian Mauricio Coyago 41 is now a familiar face through many Spanish media sources. He is an immigrant that represents the hundreds of stories result of the crisis in Spain’s economic trouble.
He worked until last July in construction, but the backlash of the strike also hit him and left him without his monthly income which reached 1,300 Euros, - His wife, also an Ecuadorian from Quito is currently unemployed and caring for their three children, ages 9, 6 and 5, the middle child, their daughter, has a disability.
Mortgage debt of their apartment which they bought four years ago for an undisclosed amount, has prevented them from paying their dues, and money he charges for the strike is not enough. "It is less than 1,000 Euros. Some people ask me how five people can live with that? – Well, with the thigh economy, by buying only what the body needs,” Coyago said.
But he ads, he is not the kind of person that "gets defeated easily" I always tell my kids: “you have to be like eagles, -learn to fly high and don’t let anybody take your dreams away from you."
Now, when the crisis tightens, he applies to himself the same principle: to dream.
To save his place he has devised a lottery, calling people's attention with this message: "I sell my apartment for one Euro."
Mauricio Coyago shows the area where the apartment is located.
In a home video that was posted on YouTube, appears the building where the apartment is currently under construction. It is his way of promoting the lottery, which would work as follows: "People will deposit one Euro in account number: 20852067030330512589 of Ibercaja which gives him a voucher. The bank keeps the original, one copy goes into the draw and I keep a second copy" says Coyago.
Their goal is to collect 120,000 Euros he says which is the current price of the 570 sq ft. apartment. The costs of all the fixes and finishing are included in the figure and the raffle will take place only if the amount of 120,000 Euros needed is reached, if not the amount collected will be draw.
"We have a potential buyer who wants to buy the apartment for 80,000 Euros. If we sell it, as we collect the raffle. Coyago admits it could lead to suspicion." That's why I brought it to the Estate of Huesca, to monitor the process. In addition, we have blocked the account. The figure is called The Ban, not for us to get the money until they make the draw.
The initial deposit to the account has been already made, but still, it needs more response. Contributions have come mostly from supportive neighbors or friends that know him very well. But he does not lose hope. He has changed the deadline twice to give people more time, because he believes that spreading the idea, more deposits will be made. "I am not begging for Euros. I think is an idea that can work, because wouldn’t you like to own a flat for one Euro? I'm going to do something that seems impossible, but I have no choice," he says.
Before him, Madrilčne Miguel Marina wanted to raffle his house too. But in his case he did not request authorization to the Estate resulting in a disciplinary write-up by the Tax Agency. Coyago said that he has all the permits and that the raffle will be conducted by a public notary and thru any news source venue that would like to cover the event. “I’m very well known in Huesca, besides; each euro will be controlled by the Estate."
He worked until last July in construction, but the backlash of the strike also hit him and left him without his monthly income which reached 1,300 Euros, - His wife, also an Ecuadorian from Quito is currently unemployed and caring for their three children, ages 9, 6 and 5, the middle child, their daughter, has a disability.
Mortgage debt of their apartment which they bought four years ago for an undisclosed amount, has prevented them from paying their dues, and money he charges for the strike is not enough. "It is less than 1,000 Euros. Some people ask me how five people can live with that? – Well, with the thigh economy, by buying only what the body needs,” Coyago said.
But he ads, he is not the kind of person that "gets defeated easily" I always tell my kids: “you have to be like eagles, -learn to fly high and don’t let anybody take your dreams away from you."
Now, when the crisis tightens, he applies to himself the same principle: to dream.
To save his place he has devised a lottery, calling people's attention with this message: "I sell my apartment for one Euro."
To save his place he has devised a lottery, calling people's attention with this message: "I sell my apartment for one Euro. ”
In a home video that was posted on YouTube, appears the building where the apartment is currently under construction. It is his way of promoting the lottery, which would work as follows: "People will deposit one Euro in account number: 20852067030330512589 of Ibercaja which gives him a voucher. The bank keeps the original, one copy goes into the draw and I keep a second copy" says Coyago.
Their goal is to collect 120,000 Euros he says which is the current price of the 570 sq ft. apartment. The costs of all the fixes and finishing are included in the figure and the raffle will take place only if the amount of 120,000 Euros needed is reached, if not the amount collected will be draw.
"We have a potential buyer who wants to buy the apartment for 80,000 Euros. If we sell it, as we collect the raffle. Coyago admits it could lead to suspicion." That's why I brought it to the Estate of Huesca, to monitor the process. In addition, we have blocked the account. The figure is called The Ban, not for us to get the money until they make the draw.
I am not begging for Euros. I think is an idea that can work, because wouldn’t you like to own a flat for one Euro? ”
Before him, Madrilčne Miguel Marina wanted to raffle his house too. But in his case he did not request authorization to the Estate resulting in a disciplinary write-up by the Tax Agency. Coyago said that he has all the permits and that the raffle will be conducted by a public notary and thru any news source venue that would like to cover the event. “I’m very well known in Huesca, besides; each euro will be controlled by the Estate."
Sources: El Comercio :: YouTube
