A couple in Copacabana will receive 64,274,642 pesos after a judicial decision penalizing the fiduciary DaviBank and the construction company Covin over the abandoned San Juan de la Tasajera housing project.
Couples Will Recover 40 Million Pesos Plus Interest
- The affected couple will recover their initial 40 million peso payment alongside financial projections and interest accrued through 2026.
- Construction on the four-tower residential complex has remained stalled since 2022, missing its initial delivery window.
- Legal representatives attribute the failure to deficient technical and financial oversight by the involved fiduciary institution.
Judicial Decision Mandates Payout
A pair of spouses will recover the money invested in an apartment that was never fully constructed, according to El Colombiano.
The total payout reaches 64,274,642 pesos for this specific family. Jhon Jairo Morales, legal representative for Dumed Abogados, confirmed the outcome of the legal process against the fiduciary DaviBank, which was responsible for delivering the apartments in 2022.
Yahoo Noticias reported that the construction company Covin shares responsibility in the ruling for failing to meet project deadlines. The firm left one of four promised towers half-finished before halting work entirely.
Oversight Failures at San Juan de la Tasajera
The San Juan de la Tasajera development in Copacabana was designed to comprise 640 housing units, mixing both Vivienda de Interés Social and non-VIS properties across four towers. Work stopped abruptly in the middle of 2022, stranding 630 buyers.
Morales pointed out systemic shortcomings during the proceedings. “Entre las irregularidades identificadas durante el proceso se encuentran las deficiencias en la verificación que debía realizar la fiduciaria sobre la capacidad técnica, financiera, jurídica y operativa de las sociedades encargadas de promover y desarrollar el proyecto,” stated Morales, as reported by El Colombiano.
| Project Detail | Recorded Status |
|---|---|
| Initial Investor Payment | $40,000,000 COP |
| Total Judicially Mandated Payout | $64,274,642 COP |
| Scheduled Delivery Year | 2022 |
| Total Affected Buyers | 630 purchasers |
Broader Valle de Aburrá Housing Crisis
This ruling is the first sentence handed down concerning San Juan de la Tasajera. The development stands as one of more than 130 troubled housing projects across the Valle de Aburrá.
Legal counsel noted that Credicorp failed to adequately evaluate the backing of Promotora Casa Campo S.A.S., a firm established just two months prior to signing the fiduciary contract. Affected families in these stalled developments retain the option to pursue penal actions to recover their funds and accumulated yields.
Frequently Asked Questions
How much money will the affected buyers receive?
An affected couple will receive 64,274,642 pesos. This sum covers the 40 million pesos originally delivered as part payment, alongside interest and financial projections calculated up to 2026.
Why is the construction company liable for refunds?
Covin failed to meet construction deadlines for the San Juan de la Tasajera development, which was scheduled for completion in 2022. Work halted mid-year, prompting buyers to seek legal remedies.
What is the current status of the residential towers?
Construction has remained abandoned since mid-2022. Out of four planned towers, only one reached a partial stage of completion before operations ceased entirely.
