AtalayaAtalaya

House in Horcajo de Santiago

Horcajo de Santiago, Cuenca • Ref: #BFA481D4

€55,000
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Size

175 m²

Price / m²

€314

Rooms

3

OccupancyVacant
52
House in Horcajo de Santiago — Horcajo de Santiago
Photo: Altamira
1 / 2

AI visual analysis

Automated analysis · physical condition

2 of 2 photos analyzed

Physical condition

Needs work

Photo quality

Good

Model observations

  • •Fachada: La fachada presenta desconchones en la pintura y signos de humedad en la parte inferior.
  • •Exterior: Las puertas de garaje y la puerta de acceso peatonal muestran óxido y desgaste.

Description

Casa en Maria Teresa De Silva, Horcajo De Santiago, Cuenca. Superficie: 175 m², 3 habitaciones, 1 baños. Equipamiento: garaje.

Characteristics

Bathrooms

1

Elevator

No

Terrace

No

Parking

Yes

Year built

1961

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 175 m² but the cadastre records 223 m² (+27%). Verify before offering — €/m² and the discount depend on this number.

Cadastral ref.
0111505WJ0101S
Cadastral area
223 m²
Year built
1961
Cadastral use
Residential

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 408 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

52/100

Confidence: Medium

Score breakdown

Zone delta
0/30
Possession
20/20
Physical state
14/25
Legal liens
10/15
Zone liquidity
11/15

Vivienda de 175.00m² en Horcajo de Santiago a 314€/m² (mediana zona 73€/m², delta +330.1%). Estado Mejorable. Posesión libre. Zona muy_baja, stock estancado (383 días).

warning

Referencia basada en inventario bancario

Para esta zona no tenemos índice real (Idealista ni MITMA). La mediana usa 7 listings bancarios del mismo postal — informa de cómo está precificado el activo dentro del catálogo bancario, no de descuento real vs mercado libre.

Strengths

  • +Altamira indica sin riesgo de ocupación

Risks

  • −Referencia zonal poco fiable (fuente internal, n=7)
  • −383 días en mercado sin venderse

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

Horcajo de Santiago, Cuenca

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

No reference available for this area and asset type.

vs other bank assets

+61.9%Above anchor
Scope
Postal code
Zone median
€194 /m²
This asset
€314 /m²
Samples
6
Source
Atalaya (bank inventory)

Estimated acquisition costs

Asset price€55,000
Transfer tax (ITP) 9% — Castilla-La Mancha€4,950
Notary (est.)€600
Land Registry (est.)€400
Admin agency (est.)€300
Estimated total investment€61,250
Estimated refurbishment (state: mejorable)€70,000 – €122,500

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 sinceSept 2025 (408 days)
On Atalaya since11 Apr 2026
Last updated24 Oct 2026

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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