“El Pocero”

Francisco Hernando nicknamed “El Pocero” (Mr. Drains) , 63 years old, at The Residencial Francisco Hernando development in Seseña, the 4.7 pounds billion complex built in the desert half an hour’s drive south of Madrid.
View of The Residencial Francisco Hernando development in Seseña, the 4.7 pounds billion complex built in the desert half an hour’s drive south of Madrid.
View of The Residencial Francisco Hernando development in Seseña, the 4.7 pounds billion complex built in the desert half an hour’s drive south of Madrid.
Francisco Hernando, nicknamed “El Pocero” (Mr.Drains) , 63 years old, at The Residencial Francisco Hernando development in Seseña, the 4.7 pounds billion complex he dedicated to his parents, immortalize in a statute.
Francisco Hernando nicknamed “El Pocero” (Mr.Drains) , 63 years old, at The Residencial Francisco Hernando development in Seseña, the 4.7 pounds billion complex built in the desert half an hour’s drive south of Madrid.
Park of Maria Audena, dedicate to Francisco Hernando’s wife, in The Residencial Francisco Hernando development in Seseña, the 4.7 pounds billion complex built in the desert half an hour’s drive south of Madrid.
View of buildings at The Residencial Francisco Hernando development in Seseña where construction work has stopped.
View of buildings at The Residencial Francisco Hernando development in Seseña where construction work has stopped.
View of buildings at The Residencial Francisco Hernando development in Seseña where construction work has stopped.
Francisco Hernando nicknamed “El Pocero” (Mr.Drains) , 63 years old, followed closely by his bodyguard in the athletics truck he built at The Residencial Francisco Hernando development in Seseña.
Francisco Hernando nicknamed “El Pocero” (Mr.Drains) , 63 years old, followed closely by his bodyguard in the athletics truck he built at The Residencial Francisco Hernando development in Seseña.
Francisco Hernando nicknamed “El Pocero” (Mr.Drains) , 63 years old, followed closely by his bodyguard in the athletics truck he built at The Residencial Francisco Hernando development in Seseña.
Francisco Hernando nicknamed “El Pocero” (Mr.Drains) , 63 years old, in the football field he built at The Residencial Francisco Hernando development in Seseña.
View of The Residencial Francisco Hernando development in Seseña, the 4.7 pounds billion complex built in the desert half an hour’s drive south of Madrid.
Francisco Hernando nicknamed “El Pocero” (Mr.Drains) , 63 years old, talking with some neighbours of The Residencial Francisco Hernando development in Seseña, the 4.7 pounds billion complex built in the desert half an hour’s drive south of Madrid.
For rent sign at The Residencial Francisco Hernando development in Seseña, the 4.7 pounds billion complex built in the desert half an hour’s drive south of Madrid.
Street view at The Residencial Francisco Hernando development in Seseña, the 4.7 pounds billion complex built in the desert half an hour’s drive south of Madrid.
Picture of Francisco Hernando during his military service in his early twenties.
Francisco Hernando in front of his home, a classic 1980s-looking brick two-storey house in the exclusive Madrid neighbourhood of Boadilla del Campo, another of his developments.
Francisco Hernando, nicknamed “El Pocero” (Mr.Drains), in his home living room in a two-storey house in the exclusive Madrid neighbourhood of Boadilla del Campo, another of his developments.
Picture of Francisco Hernando, nicknamed “El Pocero” (Mr.Drains), with his close friend , President of Equatorial Guinea, Teodoro Obiang.
Francisco Hernando, nicknamed “El Pocero” (Mr.Drains), in his office near Seseña, Spain.

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Born into poverty in Madrid, Francisco Hernando went from well-digger to real estate magnet, surfing the wave of the Spanish economic boom.  Known as El Pocero (Mr. Drains), he is responsible for the macro housing development in Seseña, Toledo, where 13,500 housing units were planned, of which only 5,600 were completed, and holding only about 2,300 real residents.   Lorena Ros shot this on assignment for the british newspaper The Telegraph in 2009 .  It accompanies an article by Alfonso Daniels "Property in Spain: Castles in the Sand".  Click here to read the article.

Author
Lorena Ros
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Date 
2009
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