AtalayaAtalaya

Untitled property

Cobeða, Madrid • House • Ref: #4C4D32C5

€430,000-63% vs area market
open_in_newView original listing

Get new bank-owned properties in Cobeða under your budget by email. Free.

Size

250 m²

Price / m²

€1,720

OccupancyUnconfirmed
38
Untitled property — Cobeða
Photo: Altamira
1 / 3

AI visual analysis

Automated analysis · physical condition

3 of 3 photos analyzed

Physical condition

Needs work

Photo quality

Good

Model observations

  • •Fachada: La fachada de ladrillo está en buen estado general, con ventanas y puertas que parecen funcionales.
  • •Exterior: El entorno de la propiedad muestra zonas verdes y calles asfaltadas, indicando un área residencial establecida.

descriptionDescription

Chalet en Cobeða, Madrid. Superficie: 250 m², 0 habitaciones, 0 baños. Equipamiento: garaje.

Characteristics

Elevator

No

Terrace

No

Parking

Yes

Year built

2007

Pool

No

Air conditioning

No

Heating

No

Storage room

No

Garden

No

gavelLegal & cadastral analysis

expand_more

assignmentCadastral datahelpUnverified

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

Cadastral ref.
7705907VK5970N
Cadastral area
250 m²
Year built
2007
Cadastral use
Residential

routeHow 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 455 days. In bank stock, high age usually means real negotiation margin: offers 10-20% below asking get considered.

checklistMinimum 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).

warningDebts 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.

account_balanceFinancing

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

38/100

Confidence: Low

Score breakdown

Zone delta
8/30
Possession
Not assessable
—
Physical state
14/25
Legal liens
10/15
Zone liquidity
0/15

Vivienda de 250.00m² en Cobeða a 1720€/m² (mediana zona 4707€/m², delta -63.5%). Estado Mejorable. Posesión desconocida. Zona muy_baja, stock estancado (454 días).

trending_upStrengths

  • +Descuento del -63.5% frente a la mediana zonal (4707€/m²)

warningRisks

  • −454 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

Cobeða, Madrid

analyticsPrice 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.

publicvs free market

-63.5%Strong opportunity
Scope
Province (MITMA)
Zone median
€4,707 /m²
This asset
€1,720 /m²
Samples
1000
Period
abril 2026
Source
idealista-press

account_balancevs other bank assets

-45.5%Strong opportunity
Scope
Province (MITMA)
Zone median
€3,158 /m²
This asset
€1,720 /m²
Samples
718
Source
Atalaya (bank inventory)

Estimated acquisition costs

Asset price€430,000
Transfer tax (ITP) 6% — Madrid€25,800
Notary (est.)€645
Land Registry (est.)€430
Admin agency (est.)€1,505
Estimated total investment€458,380
Estimated refurbishment (state: mejorable)€100,000 – €175,000

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.

Listing intel

SourceAltamira
On the market sinceJun 2025 (455 days)
On Atalaya since11 Apr 2026
Last updated31 Aug 2026

Aggregated data from public sources and servicer Altamira. 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