The flats and houses that banks sell in Andalusia from 8,000 euros. /
Some specialized real estate agencies reach agreements with banks to offer very cheap homes in the autonomous community
Currently, many banks have a large number of properties available for their ownership. In most cases, homes that have been seized from their original owners due to defaults, insolvency or evictions. Once the bank stays with it, it can offer it to new clients who are interested with a great advantage: the possibility of obtaining 100% financing of the price of the house.
This does not imply that the purchase of these properties is not subject to any expenses beyond the mortgage payment, since despite obtaining 100% of the financing, it will be necessary to assume the expenses of the sale and the formalization of the mortgage. In general, these expenses represent around 10% of the value of the home. In this way, for a property valued at 200,000 euros, about 20,000 euros would have to be contributed.
However, even if you have to face that 10% of expenses, these properties are characterized in most cases by having a sale price much lower than the real estate market. They are, therefore, a great option for those looking to acquire a new property with advantageous conditions and at the lowest possible price.
In this sense, the Haya real estate agency has multiple homes from entities such as CaixaBank, Cajamar or BBVA throughout Spain and also in Andalusia. Flats, duplexes and large chalets at really low prices with options that start in the case of Andalusia from 10,000 euros.
Cheap real estate from CaixaBank, Cajamar and BBVA
BBVA has a large number of options available throughout Andalusia with homes for sale in each of the 8 provinces of the region. A flat for sale in Alcalá de los Gazules, in Cádiz, with a bedroom and a bathroom stands out for 15,000 euros. In addition to a semi-detached house in Jerez de la Frontera of 70 square meters and 3 rooms for 16,000 euros.
Cajamar is also not far behind when it comes to the sale of real estate in Andalusia: they offer a 44-square-meter, two-bedroom apartment in Almería capital for 10,600 euros. And also a house in Arjona (Jaén), with two bedrooms and a bathroom at a price of 11,300 euros.
For its part, CaixaBank also has some bargains such as a semi-detached house in Baena (Córdoba) with two bedrooms and two bathrooms for 8,400 euros. And another villa in Ugíjar, in the province of Granada, of 82 square meters and two rooms for sale for 8,800 euros also stands out.