Primero de Mayo

Murcia • Apartment • Ref: #01D9E48A

€198,000-46% vs area market

open_in_newView original listing

Get new bank-owned properties in Murcia under your budget by email. Free.

Size

146 m²

Price / m²

€1,356

Rooms

OccupancyVacant

Photo: Altamira

1 / 15

AI visual analysis

Automated analysis · physical condition

15 of 15 photos analyzed

Physical condition

Needs work

Photo quality

Good

Model observations

•El exterior del edificio y las zonas comunes, incluyendo la piscina, parecen estar en buen estado general.
•El pasillo interior del edificio muestra un suelo de mármol y paredes blancas, con un aspecto funcional pero algo anticuado.
•El garaje subterráneo se ve en condiciones aceptables, con coches aparcados y señalización en el suelo.

descriptionDescription

Piso en Primero de Mayo, Murcia, Murcia. Superficie: 146 m², 3 habitaciones, 2 baños. Equipamiento: ascensor, terraza, garaje, piscina.

Characteristics

Bathrooms

Elevator

Yes

Terrace

Yes

Parking

Yes

Year built

1940

Pool

Yes

Air conditioning

Heating

Storage room

Garden

gavelLegal & cadastral analysis

expand_more

assignmentCadastral datahelpUnverified

Cadastral reference located automatically from the coordinates; not verified against the official Catastro. Confirm it before acting.

straightenUnreconciled surface: the listing states 146 m² but the cadastre records 850 m² (+482%). Verify before offering — €/m² and the discount depend on this number.

Cadastral ref.

6534101XH5163D

Cadastral area

850 m²

Year built

1940

Cadastral use

Industrial

routeHow to buy this asset from the bank

expand_more

1Contact the servicer from the official listing (or from Atalaya) and ask for availability and a viewing.
2Visit the property and verify real condition, possession and access. Ask for the habitability certificate and the energy certificate.
3Request a nota simple from the Land Registry (~€10) and the community-debt certificate.
4Submit your offer in writing. Servicers take it to committee: expect days to weeks. Offering below asking is standard practice.
5Once accepted: deposit contract (require 'free of occupants and belongings'), financing and deed before a notary.

checklistMinimum due diligence before offering

check_box_outline_blankRegistry nota simple: ownership, charges, liens (registradores.org, ~€10).
check_box_outline_blankCommunity-debt certificate and approved special levies.
check_box_outline_blankIBI and waste tax: outstanding bills at the town hall.
check_box_outline_blankOn-site possession check: is it really vacant? Are water/power supplies active?
check_box_outline_blankHabitability certificate and licences (essential for mortgage and utilities).

warningDebts that transfer with the property

Community debt for the current year plus the previous 3 follows the property (art. 9.1.e LPH), as do unexpired IBI and approved levies. Always request the certificates before signing: it's the classic €3,000-10,000 surprise in bank purchases.

account_balanceFinancing

Many servicers finance their own stock at aggressive terms (high LTV) through the parent bank — ask on first contact. Note: a property without a functional kitchen or bathroom may not be mortgageable as-is, and the appraisal can come in below price on heavily distressed assets.

General informative content, not legal or investment advice. Verify every point with your advisor before committing.

Alpha Rating

BUY

59/100

Confidence: High

Score breakdown

Zone delta: 8/30
Possession: 20/20
Physical state: 14/25
Legal liens: 10/15
Zone liquidity: 10/15

Vivienda de 146.00m² en Murcia a 1356€/m² (mediana zona 2530€/m², delta -46.4%). Estado Mejorable. Posesión libre. Zona alta, inventario reciente (41 días).

trending_upStrengths

+Descuento del -46.4% frente a la mediana zonal (2530€/m²)
+Altamira indica sin riesgo de ocupación
+Zona de alta actividad con inventario fresco

Case file

Operation pipeline

You are not pursuing this asset yet

Start a case when you want to turn an opportunity into a real operation: contact, visit, documents, due diligence and offer.

location_on

Location

Murcia, Murcia

analyticsPrice analysis

Two anchors: real free-market (Idealista / MITMA) and the median of other bank-owned assets in the same area. The first tells you whether REO is worth entering at all; the second, which REO listing is the best deal.

publicvs free market

-46.4%Strong opportunity

Scope: Municipality
Zone median: €2,530 /m²
This asset: €1,356 /m²
Period: mayo 2026
Source: Idealista

account_balancevs other bank assets

+76.3%Above anchor

Scope: Postal code
Zone median: €769 /m²
This asset: €1,356 /m²
Samples: 11
Source: Atalaya (bank inventory)

Estimated acquisition costs

Asset price€198,000

Transfer tax (ITP) 8% — Murcia€15,840

Notary (est.)€600

Land Registry (est.)€400

Admin agency (est.)€693

Estimated total investment€215,533

Estimated refurbishment (state: mejorable)€58,500 – €102,000

Indicative estimate for a resale purchase at the general ITP rate. Auctions, new builds or reduced rates are taxed differently. The refurbishment figure is an indicative band based on the AI-detected condition. Verify with your advisor.

Listing intel

SourceAltamira

On the market sinceJul 2026 (42 days)

On Atalaya since21 Jul 2026

Last updated31 Aug 2026

compare_arrowsZone comparables

Top 5 similar properties in Murcia by AI score

Calle Alguazas, s/n

€86,735

€1,111/m² · 78 m²

View analysisarrow_forward

Plaza De las Palmeras

€91,000

€1,198/m² · 75.93 m²

View analysisarrow_forward

Calle Río Tajo

€39,000

€765/m² · 50.99 m²

View analysisarrow_forward

Piso en Torre de Romo

€89,300

€859/m² · 104 m²

View analysisarrow_forward

Piso en Palomarico, Edif. Palomarico

€94,600

€1,213/m² · 78 m²

View analysisarrow_forward

Aggregated data from public sources and servicer Altamira. Atalaya is an informational analytics platform; we are not a real estate agent and do not intermediate in transactions. To act on an offer, contact the original source directly. View original listing