The Spanish estate is linked to a wider web of business associates and fraternity brothers, a trail that eventually leads to former House speaker Martin RomualdezThe Spanish estate is linked to a wider web of business associates and fraternity brothers, a trail that eventually leads to former House speaker Martin Romualdez

The network behind Romualdez-linked multi-million-euro Spain property

2026/01/27 11:29
1 min read
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MANILA, Philippines – In an exclusive enclave for the wealthy in Spain lies a sprawling property spanning two lots. Worth millions of euros, it is at the center of an investigation into the wealth of former House speaker Martin Romualdez.

The estate is linked to a wider web of business associates and fraternity brothers, a trail that eventually leads to Romualdez, the first cousin of President Ferdinand Marcos Jr.

Watch the video to see the connections and how this property fits into the bigger picture.

Read the two-part investigative series:

  • Multi-million-euro Spain property links to Romualdez
  • Malaysian shareholders surface in Romualdez-linked multi-million-euro Spanish property

Read other reports on Romualdez’s properties:

  • Martin Romualdez transfers P130-M US property to corporation for just $1
  • Martin Romualdez associate buys Forbes Park house for P1.67 billion
  • Discaya renovated Romualdez’s Forbes Park house — eyewitnesses

The complex layering that went into these transactions might mean that other properties may also be tied to this network. If you have any tips, documents, or information that could support ongoing investigations, please send them to [email protected]. – Rappler.com

Writer and presenter: Jodesz Gavilan
Graphic artists: Sam Calleja, Marian Hukom, David Castuciano
Supervising producers: JC Gotinga, Camille Zarate
Script editor: Chay Hofileña

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