AtalayaAtalaya

Apartment in Lugo

Lugo • Ref: #DF1DD3ED

€120,000
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Size

68 m²

Price / m²

€1,768

Rooms

2

OccupancyUnconfirmed
28
Apartment in Lugo — Lugo
Photo: Escogecasa
1 / 21

AI visual analysis

Automated analysis · physical condition

21 of 21 photos analyzed

Physical condition

Needs work

Photo quality

Good

Model observations

  • •Fachada: El edificio presenta un aspecto cuidado y en buen estado general.
  • •Salon: Las estancias interiores tienen suelos de madera en buen estado y paredes recién pintadas, aunque se aprecian algunos cables sueltos.
  • •Cocina: La cocina está sin amueblar y con las paredes alicatadas hasta media altura, lo que indica que necesita una reforma completa.

Description

Piso de 61,71 m² útiles, en edificio residencial con ascensor. Distribuido en recibidor, salón-comedor, cocina independiente sin amueblar, tendedero, dos dormitorios y un baño. Luminoso con parte de sus vistas abiertas. Zona residencial con servicios en su entorno.

Characteristics

Bathrooms

1

Elevator

Yes

Terrace

No

Parking

No

Year built

1954

Pool

No

Air conditioning

No

Heating

No

Storage room

No

Garden

No

Energy rating

E

Legal & cadastral analysis

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Cadastral data

Unverified

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

Cadastral ref.
8330020PH1683S

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.

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

28/100

Confidence: Low

Score breakdown

Zone delta
0/30
Possession
Not assessable
—
Physical state
14/25
Legal liens
7/15
Zone liquidity
3/15

Vivienda de 67.88m² en Lugo a 1768€/m² (mediana zona 1270€/m², delta +39.2%). Estado Mejorable. Posesión desconocida. Zona muy_baja, 137 días en mercado.

Risks

  • −Precio +39.2% 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.

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Location

Lugo, Lugo

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

+39.2%Above anchor
Scope
Municipality (MITMA)
Zone median
€1,270 /m²
This asset
€1,768 /m²
Samples
269
Period
Q4-2025
Source
MITMA

vs other bank assets

+52.3%Above anchor
Scope
City
Zone median
€1,161 /m²
This asset
€1,768 /m²
Samples
10
Source
Atalaya (bank inventory)

Estimated acquisition costs

Asset price€120,000
Transfer tax (ITP) 9% — Galicia€10,800
Notary (est.)€600
Land Registry (est.)€400
Admin agency (est.)€420
Estimated total investment€132,220
Estimated refurbishment (state: mejorable)€27,000 – €47,500

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.

Price history

The price has dropped 1 time(s). This suggests a motivated seller profile with strong negotiation potential below the list price.
16 Sept 2026
€140,000arrow_forward€120,000-14.29%

Listing intel

SourceEscogecasa
On Atalaya since9 May 2026
Last updated25 Sept 2026

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Aggregated data from public sources and servicer Escogecasa. 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