It refers to something very ugly, bad-looking, that is not pleasing to the eye. Something badly done or poorly crafted. In Colombia it is synonymous with Mamarracho, esperpento, espantajo, birria, facha.
Ridiculous embellishment
EXTRAVAGANT ADEFESIO:COSA.RIDICULOUSNESS.ESPERPENTO, PILTRAFA.
Nonsense, ridiculous