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AtalayaAtalaya

House in Siero

Siero, Asturias • Ref: #469AF53C

€155,000
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Size

91 m²

Price / m²

€1,703

Rooms

2

OccupancyVacant
39
House in Siero — Siero
Photo: Altamira
1 / 7

AI visual analysis

Automated analysis · physical condition

7 of 7 photos analyzed

Physical condition

Needs renovation

Photo quality

Good

Model observations

  • •Fachada: La fachada presenta un revestimiento deteriorado con desconchones y suciedad generalizada.
  • •Exterior: Las ventanas tienen rejas oxidadas y algunas están rotas o sin cristal.
  • •Exterior: Hay grafitis en la pared exterior y en la persiana del garaje.
  • •Exterior: El tejado parece antiguo y con tejas desgastadas.

Description

Casa en Consul, Siero, Asturias. Superficie: 91 m², 2 habitaciones, 1 baños.

Characteristics

Bathrooms

1

Elevator

No

Terrace

No

Parking

No

Year built

1960

Pool

No

Air conditioning

No

Heating

No

Storage room

No

Garden

No

Legal & cadastral analysis

expand_more

Cadastral data

Unverified

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

straightenUnreconciled surface: the listing states 91 m² but the cadastre records 348 m² (+282%). Verify before offering — €/m² and the discount depend on this number.

Cadastral ref.
4684020TP8048S
Cadastral area
348 m²
Year built
1960
Cadastral use
Industrial

How to buy this asset from the bank

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  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 192 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

AVOID

39/100

Confidence: Low

Score breakdown

Zone delta
0/30
Possession
20/20
Physical state
7/25
Legal liens
10/15
Zone liquidity
4/15

Vivienda de 91.00m² en Siero a 1703€/m² (mediana zona 1339€/m², delta +27.2%). Requiere Reforma Integral. Posesión libre. Zona muy_baja, 182 días en mercado.

Strengths

  • +Altamira indica sin riesgo de ocupación

Risks

  • −Precio +27.2% 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

Siero, Asturias

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

+27.2%Above anchor
Scope
Municipality (MITMA)
Zone median
€1,339 /m²
This asset
€1,703 /m²
Samples
196
Period
Q4-2025
Source
MITMA

vs other bank assets

+49.3%Above anchor
Scope
Province (MITMA)
Zone median
€1,141 /m²
This asset
€1,703 /m²
Samples
185
Source
Atalaya (bank inventory)

Estimated acquisition costs

Asset price€155,000
Transfer tax (ITP) 8% — Asturias€12,400
Notary (est.)€600
Land Registry (est.)€400
Admin agency (est.)€543
Estimated total investment€168,943

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 sinceApr 2026 (192 days)
On Atalaya since11 Apr 2026
Last updated9 Oct 2026

Zone comparables

Top 5 similar properties in Siero by AI score

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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