Sareb launches a new edition of its “Casas de Estreno” campaign and put 3716 properties on the market

The campaign data are the following:

• They will sell 3716
• It will last 3 months
• Properties are: Apartments & single-family homes
• It is spread over 16 autonomous communities: Andalusia, Aragon, Asturias, Baleares, Canarias, Cantabria, Castilla y León, Castilla-La Mancha, Catalonia, Comunidad de Madrid, Comunidad Valenciana, Extremadura, Galicia, La Rioja, Murcia and Navarra.
• 650 properties located in the Mediterranean arc
• Prices will range from 17,700 euros for a flat in Sayago (Zamora) to 394,417 euros for a 220 square meter villa in Das (Girona).

Distribution in the regions with the highest concentration of assets:

• the Region of Valencia is the region with the largest offer, with 816 units for sale. Alicante is the first region by the number of assets in the Community (359) and also hosts the cheapest in this community: a promotion of four tourist apartments in Mutxamel, each available for 26,300 euros.
• Castilla-La Mancha is the second region by a number of assets on sale this campaign.Of the 666 units offered, half are located in Toledo. The most economic price of this region is in Burujón (Toledo) and corresponds to a floor of 63 square meters.
• Andalusia contributes 537 homes to the commercial initiative of Sareb.Almería is the province that has a greater offer (201). It is also where the most economic asset of the region is found. A promotion of El Ejido has a floor of 62 square meters and a room, which goes to the market for 30,000 euros.
• In Castilla y León are located 474 homes.Half of the offer is concentrated in Valladolid, due to a large promotion in Arroyo de la Encomienda. Meanwhile, in Sayago, Zamora province, the cheapest apartment of the entire campaign (17,700 euros) is located.
• Murcia has an offer of 244 homes, with prices ranging from 33,000 euros for a flat in Torre Pacheco to 269,000 euros for a home in Murcia capital.
• Of the total of 227 homes that go on sale in Galicia, 80% are distributed between A Coruña and Pontevedra.
• The provinces of Gerona, Barcelona and Tarragona are almost equally distributed almost all of the 168 assets located in Catalonia that enter the Sareb campaign.
• Cantabria has 141 homes priced between 50,500 euros for a one-bedroom apartment in the municipality of Solares and about 316,897 euros for a three-family single-family residence in Ribamontán al Mar.
• Badajoz concentrates most of the 100 homes that go on sale in Extremadura, due to the completion of major developments in the city of Badajoz, Alange and Mérida.
• Of the 66 homes that go to the market in Madrid, the most economical is an apartment in Villalbilla that reaches a price of 58,000 euros.The most expensive is a four-storey townhouse in Colmenar Viejo, which is marketed for 339,006 euros.
• In Aragon, there are 90 homes for sale, of which two-thirds are concentrated in a single residential development in Calatayud (Zaragoza), which also offers the most economical price of assets traded in the region: 67,300 euros for a two-room flat.
• The cheapest housing of the 81 that go on sale in La Rioja is a flat of 44 square meters in Villamediana de Iregua, which is priced at 32,068 euros.The most expensive is a three bedroom apartment in Calahorra, for 171,300 euros.
• A flat of 43 square meters in Oviedo – whose price stands at 65,800 euros – is located as the most economical housing of the 65 that are located in Asturias.On the other side, there are single-family houses in the municipality of Noriega with a price of 242,000 euros.
• Almost all the homes that go to the market in the Canary Islands (28) are in a promotion of San Nicolás de Tolentino (Las Palmas), whose prices range from 33,000 to 80,000 euros.In Santa Cruz de Tenerife you can find 11 apartments, among which is the most expensive asset of those that go on sale in the Islands: 100,000 euros for a two bedroom apartment in the Las Rosas – Las Galletas area.

The details of all the houses included in the commercial initiative are available at www.SarebCasasDeEstreno.es. In this website, it is possible to consult the characteristics of each asset, its location and how to obtain more information.

The sale of the properties is carried out through Altamira Asset Management, Haya Real Estate, Servihabitat and Solvia, the four servicers in charge of management and commercialization of the assets of Sareb.

Have a look at our post listing all the bank portals listing bank properties for sale in Spain and here is our page of all those Spanish real estate bank portals.

Don’t forget, another big positive with those properties are that most of the time you can have a mortgage up to 100% of the value! Not bad.

For financial investors, here is how you could invest on Spanish bank repossessions without buying any yourself: “Are Spanish bank repossessions a good investment opportunity?”

Read the full press release in Spanish here.

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior Analyst and Strategist at HTBIS

Check the full HTBIS team here

The post Sareb launches a new “Casas de estreno” campaign with 3716 properties on the market appeared first on How to buy in Spain.

On the 21st of April of 1992, the fast train was born in Spain

The first route to be open in Spain was the Madrid to Seville route with 471 Km. Since 1992, the network expanded to more than 3000 km and more than 11 different routes.

They call it the AVE “Alta VElocidad” train in Spain. To party on that, the Prime Minister, Mariano Rajoy, announced an “anniversary campaign” that should last one year where they will sell 250.000 tickets at 25€. The sales will take place on the 25th of each month.

A few facts on the AVE -fast train- in Spain

• 357 M passengers transported
• 20 M transported last year
• Occupancy rate higher than 85%
• On time arrival higher than 95%
• Speed average higher than 200km/h with the fastest speed of 350km/h
• Fast trains are competitive vs plane for ranges of up to 1200 km or the equivalent of 5 hours of travel
• 52 bn investments according to the Adif, the manager of the Spanish Rail Network
• 1500 km are under construction according to the Adif

What is the AVE network in Spain?

• Madrid – Seville AVE, Madrid Puerta de Atocha – Ciudad Real – Puertollano – Córdoba Central – Sevilla.
• Madrid – Barcelona AVE, Madrid Puerta de Atocha – Zaragoza Delicias – Lleida – Camp de Tarragona – Barcelona Sants.
• Madrid – Huesca AVE, Madrid Puerta de Atocha – Guadalajara Yebes – Calatayud – Zaragoza Delicias – Tardienta – Huesca.
• Madrid – Valladolid AVE, Madrid Chamartín – Segovia Guiomar – Valladolid Campo Grande
• Madrid – Malaga AVE, Madrid Puerta de Atocha – Córdoba Central – Puente Genil Herrera – Antequera Santa Ana – Málaga María Zambrano.
• Madrid – Cuenca – Albacete AVE, Madrid Puerta de Atocha – Cuenca Fernando Zóbel – Albacete Los Llanos.
• Madrid – Alicante/Alacant AVE, Madrid Puerta de Atocha – Cuenca Fernando Zóbel – Albacete Los Llanos – Villena AV – Alicante/Alacant.
• Madrid – Valencia AVE, Madrid Puerta de Atocha – Cuenca Fernando Zóbel – Requena / Utiel – Valencia Joaquín Sorolla
• Málaga – Barcelona AVE, Málaga María Zambrano – Antequera Santa Ana – Puente Genil Herrera – Córdoba Central – Zaragoza Delicias – Camp de Tarragona – Barcelona Sants.
• Barcelona – Sevilla AVE, Barcelona Sants – Camp Tarragona – Lleida – Zaragoza Delicias – Ciudad Real Central – Puertollano – Córdoba Central – Sevilla Santa Justa.
• Valencia – Seville AVE, Valencia Joaquín Sorolla – Cuenca Fernando Zobel – Ciudad Real Central – Puertollano – Córdoba Central – Sevilla Santa Justa.

From where in France can you come to Spain with the AVE?

Renfe and SNCF in partnership take you from 15 French cities to Spain.

Use the AVE to discover:

• Madrid – Barcelona – Marseille
• Barcelona – Paris
• Barcelona – Lyon
• Barcelona – Toulouse
• And many other smaller cities like Carcassonne, Lyon, Marsella, Nimes, París, Toulouse, Narbonne, Béziers, Agde, Sète, Montpellier, Avignon, Aix-en-Provence, Valence.

The good network of communication is one of the advantages of Spain: Train network, Road network and of course many airports. Have a look at our paper we wrote on the 10+ advantages why you should invest in Spain.

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Do you want to book a fast train ticket from Europe?
Do you want to book an AVE, fast train, ticket in Spain? Check the Renfe website.
More on the 25 years of the AVE?

Picture source: Renfe

The post 250 000 fast train tickets at 25€, Happy 25 Years of Fast Train -AVE- in Spain appeared first on How to buy in Spain.

In less than six months, this news is one of our top read news, we got more than 3.000 readers very quickly!

If you are looking for a property on the Costa Blanca, here is or more recent paper: The last bargain on the Costa Blanca? 12.000€ for a Spanish Bank repossession

Have a look at another paper we wrote on the same subject: Where will you find the Bank repossessions in Spain? It will help you to find residential properties, plots of lands, offices and industrial properties.

For financial investors, here is how you could invest on Spanish bank repossessions without buying any yourself: “Are Spanish bank repossessions a good investment opportunity?”

So we did the work for you, we regrouped all the Spanish bank portals with a lot of bargains.

Before looking at the list, have a look at our main paper studying the top 20 property markets in Spain:

Everything you ever wanted to know about the top 20 Spanish Cities real estate markets

Here is the list of all the portals selling bank properties in Spain

• Alisedainmobiliaria is the portal of the fifth biggest bank in Spain, Banco Popular (Santander Group now). The group sold more than 10.000 properties in 2016 for more than €1 860 m.
• Altamirainmuebles is the portal of Banco Santander, the largest bank in Spain. The group as more than €50bn of assets. You can find all the properties with a map, very useful. Many properties all over Spain.
• Bankinter is the sixth biggest bank in Spain.
• BBVA Vivienda or Anida, is the portal of BBVA Vivienda, the real estate subsidiary of Banco Bilbao Vizcaya Argentaria. BBVA is the second biggest bank of Spain. About 6.000 properties, mostly land, commercial properties and offices.
• Cajamar properties are managed by Haya Real Estate, the portal of Bankia. Bankia is the result of a merger of four smaller banks.
• Cajasur inmobiliaria is a subsidiary of Bilbao Biskaia Kutxa (BBK) en Aurrezki Kutxa eta Bahitetxea. It has properties from Andalusia to Costa Blanca.
• Casaktua is the portal of Banco Banesto, the 3rd biggest bank in Spain. In 1997, Banco Santander bought the majority of this bank. In 2016, Aktua was acquired by Lindorff, European player active in Credit management.
• Grupo Ibercaja is the 8th bank in Spain
• Haya Real Estate is the portal of Bankia. Bankia is the result of a merger of four smaller banks.
• Kutxabank inmobiliaria is a Bank created in 2012 from the merger of 3 “Cajas” in the Basque Country.
• Liberbank properties are managed by Haya Real Estate, the portal of Bankia. Bankia is the result of a merger of four smaller banks.
• Sareb, as of June 2017, has a portfolio of 39 billion euros, of which 30% is real estate. It received almost 200,000 assets, which were valued at 50 billion euros in two phases. The main tranche was transferred on 31 December 2012 from the four nationalised banks: Bankia, Catalunya Banc, Banco de Valencia and NCG-Banco Gallego. The second transfer was contributed by the four banks that received State funding: Liderbank, BMN, Caja3 and Banco CEISS. Out of all of the assets, 80% are loans and 20% are properties. Sareb’s mission is to divest assets over a period of 15 years while optimising the value of its portfolio. Sareb has a very useful site and you can search on the map very easily by defining your own specific area of search.
• Servihabitat is the portal from “la Caixa Bank”.
• Solvia is the portal from Banco Sabadell. It’s the fourth biggest bank in Spain.
• Unicaja inmuebles is based in Málaga, it is a subsidiary of Unicaja which has a clear leading position in its home regions of Andalusia and Castilla y León.

We regrouped all those portals in our “useful links” section: Properties for sale by Spanish banks.

If you want to search on a map, Altamira, one of the biggest player did the work: map of Altamira properties in Spain.

Idealista, the biggest portal of real estate in Spain, lists 30 000 properties of Sareb and 16 000 properties for Altamira.

Another good news for those properties is that from time to time you can get up to 100% mortgage (vs the more standard 70%) at very good rates! So now that you found your bank property, have a look at how to negociate the best rates with your Spanish bank 😉 Your Spanish Mortgage: How to apply? How to get the best rates?

So, why not have a look?

If you want other interesting sources for Spanish bank properties for sale, go to our web page regrouping all the real estate websites of the Spanish banks.

Last but not least, if you are about to buy in Spain, read our two very useful articles:

The cost of buying a property in Spain: What is the real cost of buying your Spanish Property?

The cost of owning a property in Spain: What is the real cost of owning your Spanish property?

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Subscribe to our weekly Newsletter: Benefit of all our work directly in your mailbox!

Looking for a second home? Check our infographic on the second home buyers in Europe:

1. Who are the second home buyers in Europe?
2. Why they want a second home?
3. What are the criteria’s for the ideal home?

Find all our news here

All our news

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior Analyst and Strategist at HTBIS

Check the full HTBIS team here

The post Where are the Spanish bank properties for sale? appeared first on How to buy in Spain.