menu
The way to own cheap real estate in Spain

Why invest in cheap real estate in Spain?

Investing in cheap real estate in Spain through Favorable Real Estate offers unique advantages. First of all, real estate prices are considerably lower than in the Netherlands or Belgium, which means that you can get a larger or more luxurious property for the same budget. Furthermore, the cost of living in Spain is lower, which makes it attractive for those considering a permanent move or looking for an affordable second home. By buying through Favorable Real Estate, you gain access to exclusive properties at competitive prices, often with great value and profit potential. Our platform offers plenty of affordable opportunities for cheap living in Spain!

About us

Contact us

Would you like to know more about our services? Do you have any questions or comments? Then get in touch with us. You can do so via our phone number, by e-mail or via the contact form on our site.

+31 6 55 77 24 23 (NL) +34 6 74 46 07 65 (ES) info@favorable-real-estate.com
Contact us
Choose the package that suits you best

Our services

Na afronding van het proces ontvangt u de gemaakte kosten retour bij het afsluiten van de hypotheek.
Entry Free
Mortgage and property information. Optional: recommendations for nearby hotels for overnight stays.
Non-binding contact
Basic €250,-
Everything from the entry level package. Airport pick-up. Transport to office and/or hotel. Opportunity for additional explanations and answers to questions.
Non-binding contact
Comprehensive €500
Everything from the basic package.
A taxi available for the whole day:
  • Airport pick-up.
  • Transportation to properties, office, lawyer, notary, hotel and restaurants.
  • Sightseeing and local area visits
Recommended for people who want to live or work in the area. Includes return trip to the airport.
Non-binding contact
Premium €750
Everything from the extended package. Accompanied from A to Z by a personal guide. Customised programme.
Non-binding contact
cheap housing in spain
Diverse range of cheap real estate in Spain

Type of property at Favorable Real Estate

At Favorable Real Estate we offer a diverse range of cheap properties in Spain through our unique platform. With us you will find cheap houses and apartments, from modern homes on the coast to authentic houses in small villages. In addition, we have building land available, which gives you the opportunity to build a home yourself or renovate existing properties. Our offer is ideal for both holiday homes and investment properties.

View listings

How does the purchasing process work?

Buying through Favorable Real Estate in Spain offers a unique and transparent way to purchase real estate. How does the purchase process work? The process starts with you filling out a questionnaire, after which you can make an offer on a property that interests you. Once your offer has been submitted, the bank will assess your proposal, ensuring a fair and secure transaction. After submission, you will pay the associated legal and notarial fees, ensuring the process runs smoothly.

Once your offer has been submitted, the bank will assess it. This may take some time, as strict checks are in place to prevent fraud. Upon acceptance of your offer, you will transfer the approved amount to the bank account of the financial institution, after which the notarial transfer will take place. This officially makes you the owner of the mortgage and the associated property.

Buying a house through bank repossession in Spain can be an attractive option to obtain a property at a lower price, but it also carries significant risks, such as not being able to view the property and possible hidden defects. Our comprehensive support throughout the process is crucial. With our local expertise, we help you understand the legal aspects and avoid pitfalls, so you can invest in cheap real estate with confidence. From the first offer to the handover of keys, our team is here to ensure a safe and successful purchase.

How does it work?

Cheap real estate in Spain
Investing in real estate with Favorable Real Estate

Start your search for cheap property in Spain

Are you ready to discover the possibilities of cheap property in Spain? With Favorable Real Estate you can invest in property; a house, finca or other real estate through our unique platform. Our expert guidance and local expertise ensure that you are well informed before making this choice. If at any time there is no suitable property available in our offer, we offer the possibility to place specific searches. You can make your wishes known, so that our team can actively search for properties that meet your criteria.

Are you looking for a place to live permanently, a holiday home or an investment property? We are here to help you every step of the way. Contact us today and find out how we can support you in realizing your real estate plans in Spain!

Get in touch

 

Frequently asked questions
How does the bidding process work?
Our specialised credit transfer lawyers, submit an offer to the bank on your behalf, based on the outstanding debt. The bank will discuss and evaluate the offer internally. After the evaluation, we will send you the bank's response.
Are there any additional costs when purchasing the mortgage right?
Yes, after obtaining the mortgage, notary fees are added for the transfer of ownership. These are around 10% of the purchase price of the mortgage or 2% if you are buying through a limited liability company B.V (S.L Spain)
Can I view the property before making an offer?
Since you are buying a mortgage right, and not directly the property, you are not entitled to a viewing. However, you can visit the property on your own initiative from the outside, or ask our staff for help.
Do you also offer financing?
Nee, omdat je een hypotheekrecht koopt, eist de bank de volledige betaling op het moment van ondertekening
How long does the whole process take?
The lead time varies from case to case, but typically the process takes between eight and 12 months.
Is what you are offering legal?
Yes, we work only with experienced professionals, directly with the banks, and within the legal framework. Our services meet all legal requirements.
What about possible squatters?
De kosten die u betaalt, omvatten ook juridische procedures om eventuele krakers uit het pand te verwijderen. Een nieuwe wet die de aanpak van illegale krakers in Spanje vergemakkelijkt, treedt in april 2025 in werking. De wet maakt het mogelijk om sneller op te treden tegen krakers in gevallen van huisvredebreuk en wederrechtelijke toe-eigening. Met een versnelde rechtsgang kunnen krakers voortaan binnen maximaal vijftien dagen worden uitgezet.
When do I have to pay?
The first payment includes lawyers' fees, registration and notary fees, and must be paid if you decide to go ahead with the transaction. You will pay the remaining amount when the mortgage is notarised.
Will I lose my money if the sale does not go through?
No, you will not lose your money. In case of cancellation before mortgage allocation, 100% of your deposit will be refunded within 5 working days.
What happens if the property was deliberately damaged by the previous occupants?
In Spain, intentional damage is punishable by law. We will also help you take out property insurance after the transfer, to cover any damages.
Who conducts the negotiations with the bank, and possibly with the previous owners?
The negotiations are carried out by our most experienced lawyer, with more than 30 years of expertise in this field.
What fees do you charge?
We charge 10% of the total amount, of the transaction as a fee for our services
Do all fees have to be paid in advance, and what happens if I pay the fees and the transaction fails?
The initial fee covers the bank's offer. If you decide to withdraw, before the mortgage allocation, your money will be refunded within 5 working days. Only fees for applying for a BSN number, incorporation of a limited liability company (SL) or other services outside the credit transfer may incur additional charges.
This website uses functional and analytical cookies in accordance with regulations of the Personal Data Authority. The cookies are therefore not used for marketing purposes. For more information, please see our privacy policy
I understand
Loading...
Favorable Real Estate