Bank repossessions in Almería from €20,000
Published July 8, 2025 | Category: Investing & Real Estate
CaixaBank has launched a new real estate platform offering thousands of low-cost homes — including bank repossessions in Almería starting from just €20,000.
Discover how to find the best cheap properties in Almería — from repossessions to hidden gems.
Introducing Facilitea Casa
This month, CaixaBank launched Facilitea Casa, a digital platform featuring over 40,000 properties across Spain. A significant share consists of bank-owned properties — repossessed homes from CaixaBank’s real estate division, Building Center — with hundreds of listings in the province of Almería.
The selection includes small apartments, rural homes, and holiday flats. Some are move-in ready, while others may require light renovation, offering strong potential for buyers with a limited budget.
Why It Matters for Buyers in Almería
Almería remains one of the most affordable regions on Spain’s southern coast. But prices are rising fast. As noted in our June 2025 market report, average sale prices now exceed €1,570/m² — with even higher values along the coast.
That makes these bank repossessions — priced from €20,000 to €50,000 — a rare opportunity to enter the market well below the average. Locations like Vera, Roquetas de Mar, and Huércal-Overa feature prominently on the platform.
What the Platform Offers
Facilitea Casa is open to both local and international buyers and includes:
- Thousands of bank-owned properties across Spain
- Financing options through CaixaBank
- Certified real estate agents for guidance and viewings
- Renovation and legal services via Building Center
More than 1,100 agencies are already working with the platform, and new listings are added weekly.
What to Keep in Mind When Buying Bank Repossessions
Buying a bank repossession in Almería often involves reviewing legal documentation, dealing with bank timelines, and assessing renovation needs. Local guidance can help avoid delays and ensure a smooth purchase process — especially for international buyers or first-time investors.
A Smart Entry Point
With property prices on the rise, bank-owned properties in Almería are becoming harder to find — especially in well-connected coastal towns. Platforms like Facilitea Casa bring them into view, but acting early remains key.
Bank repossessions remain one of the most accessible ways to enter the Almería property market — especially for buyers seeking value in a fast-moving landscape.
Long-Term Rental Potential
In addition to low entry prices, many bank repossessions in Almería offer attractive long-term rental potential. Coastal areas such as Vera, Mojácar, and Roquetas de Mar show steady year-round demand from retirees, remote workers, and local tenants.
Well-presented two-bedroom apartments can rent for €450 to €700 per month. With careful management, net annual returns of 7–9% are achievable — especially for buyers who renovate and manage the property efficiently.
On top of rental income, there’s also the potential for capital appreciation. With property values in Almería rising steadily — up nearly 10% year-on-year, as detailed in our latest market update — investors benefit from both short-term cash flow and long-term asset growth.
→ Speak with our local team if you’d like guidance on how to approach these opportunities with confidence.
