Canovas del Castillo

Algeciras, Cádiz • Retail • Ref: #B8405BA0

€148,000

open_in_newView original listing

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

Size

175 m²

Price / m²

€846

OccupancyVacant

Photo: Solvia

1 / 18

AI visual analysis

Automated analysis · physical condition

18 of 18 photos analyzed

Physical condition

Good

Photo quality

Good

descriptionDescription

Local comercial situado en la localidad de Algeciras, provincia de Cádiz. Tiene una superficie de 175 m2, con buenos acabados y mucha visibilidad ya que el inmueble da a 3 calles. Está ubicado en el centro del municipio, en un lugar privilegiado comercialmente. Edificio construido en el año 1997 situado al sur del casco urbano en un barrio residencial. Cuenta con unas excelentes comunicaciones, ya que se encuentra cerca del puerto y de la estación de tren, teniendo además varias carreteras de acceso y salida como la AP-7 o la N-350. Inmueble tapiado sin acceso al interior.

Characteristics

Elevator

Year built

1997

Pool

Air conditioning

Heating

Garden

Yes

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.

9914505TF7091S

routeHow to buy this asset from the bank

expand_more

1Contact the servicer from the official listing (or from Atalaya) and ask for availability and a viewing.
2Visit the property and verify real condition, possession and access. Ask for the habitability certificate and the energy certificate.
3Request a nota simple from the Land Registry (~€10) and the community-debt certificate.
4Submit your offer in writing. Servicers take it to committee: expect days to weeks. Offering below asking is standard practice.
5Once accepted: deposit contract (require 'free of occupants and belongings'), financing and deed before a notary.

handshakeThis asset has been listed for 918 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

BUY

69/100

Confidence: High

Score breakdown

Zone delta: —
Possession: 20/20
Retail location: —
Legal liens: 10/15
Zone liquidity: 9/15

Local comercial planta unknown de 175.00m² en Algeciras a 846€/m² (mediana zona 462€/m², delta %). libre. Zona 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 10 listings bancarios del mismo city — informa de cómo está precificado el activo dentro del catálogo bancario, no de descuento real vs mercado libre.

trending_upStrengths

+Estado habitable sin reforma inmediata
+El banco confirma posesión legal: vivienda libre para entregar

warningRisks

−918 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

Algeciras, Cádiz

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.

vs free market

No reference available for this area and asset type.

account_balancevs other bank assets

+17.3%Above anchor

Scope: Province (MITMA)
Zone median: €721 /m²
This asset: €846 /m²
Samples: 37
Source: Atalaya (bank inventory)

Estimated acquisition costs

Asset price€148,000

Transfer tax (ITP) 7% — Andalucía€10,360

Notary (est.)€600

Land Registry (est.)€400

Admin agency (est.)€518

Estimated total investment€159,878

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

SourceSolvia

On the market sinceFeb 2024 (918 days)

On Atalaya since20 May 2026

Last updated31 Aug 2026

compare_arrowsZone comparables

Top 5 similar properties in Algeciras by AI score

Juan Morrison

€86,000

€235/m² · 365.25 m²

View analysisarrow_forward

Local Comercial en Calle Susana Marcos

€51,000

€797/m² · 64 m²

View analysisarrow_forward

Calle Pájaro Carpintero

€64,000

€787/m² · 81.29 m²

View analysisarrow_forward

Calle Sonrisa

€44,900

€195/m² · 230.76 m²

View analysisarrow_forward

Eladio Infantes

€349,000

€223/m² · 1563.57 m²

View analysisarrow_forward

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