Home auctions and airfield bids, a booming formula to buy real estate at discounts

• MARÍA HERNÁNDEZ

  Madrid

Updated on Monday, 20December2021-01: 35

• Share on Facebook

• Share on Twitter

• Send by email

Comment

There are 30 days, 22 hours, 28 minutes and 40 seconds until the bid for a

is closed

. Now 39 seconds. 38. The deadline is somewhat longer, until February 4, in the auction to win the

: 74,126 square meters built and 1,060,000 euros for the next bid. Operations like these are more and more frequent on specialized portals and potential buyers have found in them a way to locate and buy properties with attractive discounts.

These are generally assets from bankruptcies, banks, companies, Public Administrations and individuals, "although the latter are the least frequent," says

, head of communication and marketing at

, a platform specialized in auctions. Most are "assets in liquidation that can be obtained at a price well below the market." How much lower? "

and the minimum is around 20%," he adds.

Marta recalls the case of a

, with an appraised value of 617,000 euros that was put up for sale with the symbolic

: 719 useful square meters, 37,000 of plot, 9 rooms, parking area. parking, outdoor pool with garden area and terrace, sauna, three meeting rooms, restaurant, lounge bar, library and two movie theaters.

"It was awarded to 340,000 euros," he says.

Or the case of the

for one million euros or that of the

91,000 square meters of land and six parking spaces that were auctioned in Motril.

So far this year, they have managed to auction 210 properties with a

Properties have always been well received on their portal, but a year and a half ago they began to realize that the number of warehouses, premises, homes or garages was increasing.

And it is not by chance.

The end of the bankruptcy moratoriums and the collapse of some public services have made many bankruptcy administrators resort to this option in order to exit the liquidation process more quickly.

"They are looking for a specialized entity that streamlines the process and obtains the best possible results," explains

, director of

another firm specialized in the sector.

Demand for housing

Many homes, storage rooms and garages come from run-down

and there are also offices and business premises that have not overcome the pandemic. Faced with a demand that responds more and more. In Escrapalia they have created a specific portal dedicated to real estate that has raised the monthly traffic of their website from 200,000 to one million and in Asemar, the number of real estate auctions was close to 300 until last October 31, a balance higher than in years previous.

Everyone recognizes that houses, flats and chalets are among the assets that generate the most demand and that, in the heat of the rush to buy a home, there are those who have found in auctions and bids one more way to acquire

says Asemar's spokesperson. Now, finding a good candidate is not always easy because houses are not always located in the most sought-after locations. One of the active bids these days features a home in

, a municipality of about 945 inhabitants 120 kilometers from Madrid or 79 from Toledo, with an appraised value of 54,000 euros.

Anyone can participate in the bids and make an offer, although investors with institutional profile and funds are more common than individuals. "We distinguish between the

, who seeks to get any type of asset at a good price to invest in, and the

, who is someone who uses the platform in a timely manner because he wants a particular asset, for example, a concrete house ", describes Tarazaga.

Homes and parking spaces sell very well among ordinary citizens, while developers and construction companies are looking for plots, land or buildings that they can transform into new products to put on the market.

Also the offices and commercial premises are having a very good reception.

"We believe that the trend will continue to rise because unfortunately there are many companies that are having a bad time after the impact of the pandemic, the number of insolvencies is high and there is a lot of economic uncertainty," says the head of Asemar.

According to the criteria of The Trust Project

Know more

• economy

• living place

• HBPR

HousingEdify, the Valencian version of the Scott twins to buy and renovate houses using virtual reality

HousingThe new golden age of construction: almost 10,000 more companies between the euphoria and the ghost of the bubble

Companies Warehouses and logistics warehouses, the last object of desire of companies to overcome the supply crisis

See links of interest

• Last News

• 2022 business calendar

• Home THE WORLD today

• Holidays 2021

• Podcast Economia

• How to do

• Fiorentina - Sassuolo

• Everton - Leicester City

• Granada CF - Mallorca

• Fuenlabrada - Real Oviedo

• Wolverhampton Wanderers - Chelsea