AtalayaAtalaya

Apartment in Arrecife

Calle Agustín Espinosa

San Francisco Javier, Arrecife, Las Palmas • Ref: #3A92D2CF

€199,000
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Size

66 m²

Price / m²

€3,028

Rooms

2

OccupancyVacant
47
Calle Agustín Espinosa — San Francisco Javier, Arrecife
Photo: Solvia
1 / 16

AI visual analysis

Automated analysis · physical condition

16 of 16 photos analyzed

Physical condition

Needs work

Photo quality

Good

Model observations

  • •Salon: Las paredes necesitan pintura y los suelos de gres están desgastados.
  • •Cocina: Los muebles de cocina son antiguos y los electrodomésticos están desactualizados.
  • •Dormitorio: El suelo de parquet está desgastado y las paredes necesitan pintura.

Description

Piso de 66 m² de 2 dormitorios, ubicado en la localidad de Arrecife, provincia de Las Palmas. Buenas comunicaciones en todos los aspectos, por carretera a través de los accesos LZ-3, LZ-1, LZ-20, LZ-18 y LZ-301 y con el aeropuerto de Lanzarote a menos de 10 km, ubicado junto a Playa Honda. Además, y al ser un área con todos los servicios, el Hospital General José Molina Orosa de Lanzarote a menos de 2 km, centro comercial, colegios, centro deportivo de Arrecife a meno de 1 km, supermercados, multicine, restaurantes y con la playa a pocos metros, etc, esta vivienda se presenta en el mercado como una oportunidad residencial en una buena zona. Construido en 2005, este piso dispone de una superficie construida aproximada de 66 m² y se distribuye en salón-comedor con cocina abierta, amueblada con armarios altos y bajos y equipada con horno, vitrocerámica y campana extractora, 2 dormitorios con armarios empotrados y 1 baño. Además, la vivienda tiene como anejo inseparable el trastero ubicado en la azotea del edificio con 4 m² aproximadamente. Con nuestros servicios podrá encontrar la vivienda que necesita. Empiece ahora mismo pidiendo más información. Un responsable cercano a usted le atenderá personalmente.

Characteristics

Bathrooms

1

Elevator

No

Year built

2005

Pool

No

Air conditioning

No

Heating

No

Garden

No

Legal & cadastral analysis

expand_more

Cadastral data

straightenUnreconciled surface: the listing states 65.73 m² but the cadastre records 76 m² (+16%). Verify before offering — €/m² and the discount depend on this number.

Cadastral ref.
0045303FT4004N0020AT
Cadastral area
76 m²
Year built
2005
Cadastral use
Residential

How to buy this asset from the bank

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

handshakeThis asset has been listed for 317 days. In bank stock, high age usually means real negotiation margin: offers 10-20% below asking get considered.

Minimum 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).

Debts 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.

Financing

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

ANALYZE

47/100

Confidence: High

Score breakdown

Zone delta
1/30
Possession
20/20
Physical state
14/25
Legal liens
10/15
Zone liquidity
4/15

Vivienda de 65.73m² en Arrecife a 3028€/m² (mediana zona 2717€/m², delta +11.4%). Estado Mejorable. Posesión libre. Zona baja, 291 días en mercado.

Strengths

  • +El banco confirma posesión legal: vivienda libre para entregar

Risks

  • −Precio +11.4% por encima de mediana zonal

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

San Francisco Javier, Arrecife, Las Palmas

Price 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.

vs free market

+11.4%Above anchor
Scope
Neighbourhood
Zone median
€2,717 /m²
This asset
€3,028 /m²
Period
mayo 2026
Source
Idealista

vs other bank assets

+63.9%Above anchor
Scope
Postal code
Zone median
€1,847 /m²
This asset
€3,028 /m²
Samples
9
Source
Atalaya (bank inventory)

Estimated acquisition costs

Asset price€199,000
Transfer tax (ITP) 6.5% — Canarias€12,935
Notary (est.)€600
Land Registry (est.)€400
Admin agency (est.)€697
Estimated total investment€213,632
Estimated refurbishment (state: mejorable)€26,500 – €46,000

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

SourceSolvia
On the market sinceDec 2025 (317 days)
On Atalaya since13 May 2026
Last updated25 Oct 2026

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Aggregated data from public sources and servicer Solvia. 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