Information is circulating online that the son-in-law of former president Nursultan Nazarbayev - Timur Kulibayev owns an estate in the Spanish town of Mont-Roch Bahía with an area of nearly 4.5 hectares.
According to the Telegram channel "Access to the Sea", its estimated value is around €10 million (5.3 billion tenge). Compared to neighbouring houses, Kulibayev's residence stands out due to its two-level concrete fence and metal mesh with barbed wire.
It is noted that the main villa has an area of over 800 m². The grounds include several guesthouses, parking spaces, and an open-air swimming pool. There is also a separate cottage for security and staff.
It has become known that Kulibayev owns this asset through the Spanish company "Diada Investment & Real Estate SL", a subsidiary of the Kazakh LLP "Verus Praedium International".
It is reported that, in addition to this, Timur Kulibayev also owns a plot of land and a villa in Sagaro, Spain. Company reports indicate that in 2023, investments in these assets amounted to €17 million (9.1 billion tenge).
Furthermore, it is noted that in the aforementioned town of Sagaro, there is a dacha belonging to Timur Kulibayev's father - Askar. On the plot of almost 20 ares, there is a house, swimming pool, gazebo, garage, and car parking space.
"The property is registered under the Spanish company Domymar Quality. Its sole owner since its founding in 2018 is Askar Kulibayev. According to the audit report, the company's balance sheet contains only one asset — this house — with a book value of €1.285 million or 637 million tenge", the message states.
It has also become known that Timur Kulibayev's business partner - Jambulat Sarsenov owns a modern clinic in Barcelona and a villa on the grounds of the Camiral Golf & Wellness golf club.
Recall that in March 2024, it was reported that in Switzerland, the Vaud cantonal court banned the renovation of the Fleur du Lac hotel, which is owned by the eponymous company Fleur du Lac SA, which belongs to Timur and Dinara Kulibayev.
In May, Timur Kulibayev sold a London property on Upper Grosvenor Street to the investment company North Wind Capital. According to journalists, the transaction amount was £35 million (22.5 billion tenge).