AtalayaAtalaya

Retail in Falces

Falces, Navarra • Ref: #E91D2D92

€119,000
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Size

462 m²

Price / m²

€258

OccupancyVacant
60
Retail in Falces — Falces
Photo: Solvia
1 / 14

AI visual analysis

Automated analysis · physical condition

14 of 14 photos analyzed

Physical condition

Needs renovation

Photo quality

Good

Model observations

  • •Fachada: Cerramiento exterior de ladrillo visto con puertas metalicas oxidadas y huecos de ventilacion superiores.
  • •Garaje: Espacio interior diafano en bruto, sin revestimientos en paredes de ladrillo ni techos con bovedillas vistas.
  • •Exterior: Edificacion en planta baja anexa a bloque residencial, con viales y zona ajardinada perimetral.

Description

Local Comercial situado en la calle San Esteban número 86, zona de viviendas de reciente construcción, con parte trasera a jardines municipales. Es una bajera de unos 480 m² y porche de unos 132. La morfología del local es sensiblemente rectangular. Cuenta con una fachada principal de unos 40 m y una fachada lateral de 12 m. El local está completamente en bruto.

Characteristics

Elevator

No

Pool

No

Air conditioning

No

Heating

No

Garden

Yes

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 958 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

BUY

60/100

Confidence: High

Score breakdown

Zone delta
Not assessable
—
Possession
20/20
Retail location
Not assessable
—
Legal liens
10/15
Zone liquidity
0/15

Local comercial planta unknown de 461.60m² en Falces a 262€/m² (mediana zona 461€/m², delta %). libre. Zona muy_baja, más de 2 años sin vender.

warning

Referencia basada en inventario bancario

Para esta zona no tenemos índice real (Idealista ni MITMA). La mediana usa 29 listings bancarios del mismo province — informa de cómo está precificado el activo dentro del catálogo bancario, no de descuento real vs mercado libre.

Strengths

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

Risks

  • −948 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

Falces, Navarra

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

-50.3%Strong opportunity
Scope
Province (MITMA)
Zone median
€519 /m²
This asset
€258 /m²
Samples
35
Source
Atalaya (bank inventory)

Estimated acquisition costs

Asset price€119,000
Transfer tax (ITP) 6% — Navarra€7,140
Notary (est.)€600
Land Registry (est.)€400
Admin agency (est.)€417
Estimated total investment€127,557

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.
3 Oct 2026
€121,000arrow_forward€119,000-1.65%

Listing intel

SourceSolvia
On the market sinceFeb 2024 (958 days)
On Atalaya since13 May 2026
Last updated9 Oct 2026

Zone comparables

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View analysis

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