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investing in bank repossession spain

Benefits of investing in property in Spain

Investing in Spanish property offers attractive benefits for both private and business investors, especially when you can take advantage of properties acquired through bank repossessions. The mild climate, diverse landscape and rich culture make Spain a popular destination for both holidaymakers and permanent residents. This creates a constant demand for rental properties, especially in popular areas such as the Costa del Sol and Costa Blanca. As an investor, you can benefit from stable rental income and a market with solid growth potential.

Favorable Real Estate works differently to a traditional estate agent: we specialise in bank repossessions and offer exclusive access to properties that are not always available on the regular market. This gives you as an investor the opportunity to acquire valuable properties at lower prices and to take full advantage of Spain’s real estate potential. Thanks to our expertise and local knowledge, we will guide you through every step of the purchasing process.

About us

Real Estate in Spain

Our offers

Buying property in Spain?

Types of property to buy in Spain

When investing in Spanish property, there are several types of properties that each offer unique benefits depending on your investment goals:

Holiday homes: Particularly in coastal areas, holiday homes are particularly popular for renting out to tourists. These properties often offer a stable income during the holiday periods and benefit from Spain’s appeal as a tourist destination.

Residential properties: For investors looking for a longer-term investment, residential properties are suitable for permanent rental or personal use. This type of property is attractive in towns and cities with a growing demand for living space, providing a stable rental income.

Commercial properties: Investing in commercial properties, such as retail space, offices or hospitality properties, can be interesting for business purposes. In popular towns and tourist centres, these properties offer a potentially high return, given the strong demand for commercial locations.

What makes our services unique is our focus on bank repossessions. This offers the opportunity to purchase properties at significantly lower prices than market value. Due to forced sales, there are often hidden opportunities that we are happy to share with you.

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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
Investing in real estate in Spain
Favorable your partner in Spain!

Investing in Real Estate with Favorable Real Estate

At Favorable Real Estate, we specialize in bank repossession property purchases, meaning you have access to unique opportunities to buy real estate at significantly lower prices. We offer a carefully selected range of properties that are subject to bank repossession. This sets us apart from a traditional real estate agent: we help you find real estate and navigate the complexities of bank repossession transactions.

At Favorable Real Estate, we understand that every investor has different needs. That’s why we offer tailor-made packages that fit your needs and the type of property transaction you are interested in. From basic information to personal guidance, we ensure you have everything you need for a worry-free investment experience in Spain.

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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.
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Favorable Real Estate