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  • Princess Cristina and Urdangarin's Luxury Home Sold To Global Investor

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    ValeriaGuevara
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    The luxury Barcelona mansion once owned by Spanish royal Cristina de Borbón and her husband was bought by Laith Pharaon, a Saudi hospitality entrepreneur and former F1 powerboat racer, in September 2017 for an undisclosed amount. The property had previously been seized by a judge investigating Cristina's husband but was later sold to a Liechtenstein company before Pharaon's purchase. The family had lived in Geneva since 2013 after the judge authorized the sale of the Barcelona home to guarantee a €6.2 million bond for Cristina's husband.

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    noticia

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    Noticia

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    The luxury Barcelona mansion once owned by Spanish royal Cristina de Borbón and her husband was bought by Laith Pharaon, a Saudi hospitality entrepreneur and former F1 powerboat racer, in September 2017 for an undisclosed amount. The property had previously been seized by a judge investigating Cristina's husband but was later sold to a Liechtenstein company before Pharaon's purchase. The family had lived in Geneva since 2013 after the judge authorized the sale of the Barcelona home to guarantee a €6.2 million bond for Cristina's husband.

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    © All Rights Reserved
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    13 views1 page

    Princess Cristina and Urdangarin's Luxury Home Sold To Global Investor

    Uploaded by

    ValeriaGuevara
    The luxury Barcelona mansion once owned by Spanish royal Cristina de Borbón and her husband was bought by Laith Pharaon, a Saudi hospitality entrepreneur and former F1 powerboat racer, in September 2017 for an undisclosed amount. The property had previously been seized by a judge investigating Cristina's husband but was later sold to a Liechtenstein company before Pharaon's purchase. The family had lived in Geneva since 2013 after the judge authorized the sale of the Barcelona home to guarantee a €6.2 million bond for Cristina's husband.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Princess Cristina and Urdangarin’s

    luxury home sold to global investor


    Laith Pharaon, former F1 powerboat racer, buys Barcelona mansion that
    was once seized by a judge

    Madrid 17 ABR 2018 - 08:45 CEST

    The Barcelona mansion that once belonged to


    By the time of purchase, Urdangarin and his
    Spanish royal Cristina de Borbón and her
    husband, was bought by family had already sold the luxury property to

    a Liechstenstein-based company, after the


    Laith Pharaon, a hospitality entrepreneur who
    judge in charge of the Noos investigation
    once competed in F1 powerboat races,
    authorized the sale. Before that, the home had
    purchased the 622-square-meter home on
    been seized to guarantee Urdangarin’s €6.2
    September 27, 2017 for an undisclosed
    million bond. The family has resided in Geneva
    amount, the online daily El Confidencial
    since August 2013
    reported.

    He is the son of Saudi businessman Ghaith


    Pharaon and CEO of Orca Holding, a real
    estate investment company.

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