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AtalayaAtalaya

Calle Garballo , S/n

Artà, Illes BalearsLandRef: #EA29FFF3

€164,000
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Size

121 m²

Rooms

2

OccupancyVacant
63
Calle Garballo , S/n — Artà
Photo: sareb
1 / 5

AI visual analysis

Automated analysis · physical condition

5 of 5 photos analyzed

Physical condition

sin_aplicar_no_residencial

Photo quality

unknown

descriptionDescription

Situada en la calle GARBALLO 53 de BETLEM, pertenece a la población de ARTA, es una obra parada para la construcción de DOS viviendas unifamiliares adosadas de unos 145 m2 cada una, el avance de obra está sobre el 37%. Se encuentra ejecutada la estructura y tabiquería exterior. Hay que consultar con el ayuntamiento la concesión de licencias en la zona.

Characteristics

Bathrooms

2

Elevator

No

Terrace

Yes

Parking

No

Year built

2002

Pool

Yes

Air conditioning

No

Heating

No

Storage room

No

Garden

No

gavelLegal & cadastral analysis

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assignmentCadastral data

straightenUnreconciled surface: the listing states 121 m² but the cadastre records 1 m² (-99%). Verify before offering — €/m² and the discount depend on this number.

Cadastral ref.
7006404EE2070N0055YD
Cadastral area
1 m²
Year built
2002
Cadastral use
Urbanization works · undeveloped land

routeHow to buy this asset from the bank

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  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 2812 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

63/100

Confidence: High

Score breakdown

Zone delta
Not assessable
Possession
20/20
Zoning
15/25
Legal liens
10/15
Zone liquidity
0/15

Suelo urbanizable (unknown) de 121.00m² en Artà a ?€/m². Sin referencia zonal. Posesión libre. Zona muy_baja, más de 2 años sin vender.

trending_upStrengths

  • +Aliseda no marca situación especial: presuponer vivienda libre

warningRisks

  • Sin referencia zonal específica para land en esta zona
  • 2811 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

Artà, Illes Balears

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

+499.7%Above anchor
Scope
Province (MITMA)
Zone median
€226 /m²
This asset
€1,355 /m²
Samples
27
Source
Atalaya (bank inventory)

Estimated acquisition costs

Asset price€164,000
Transfer tax (ITP) 8% — Illes Balears€13,120
Notary (est.)€600
Land Registry (est.)€400
Admin agency (est.)€574
Estimated total investment€178,694

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.

Price history

The price has dropped 1 time(s). This suggests a motivated seller profile with strong negotiation potential below the list price.
30 May 2026
€182,000arrow_forward€164,000-9.89%

Listing intel

SourceAliseda
On the market sinceDec 2018 (2812 days)
On Atalaya since13 May 2026
Last updated31 Aug 2026

Aggregated data from public sources and servicer sareb. 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