Calle Bembibre 16 (Bloque 25, Portal 16), 3º Izq., 28033 Madrid · Madrid, Madrid · 3 bed.
It was awarded below our maximum bid: the winner came in with a margin according to our numbers.
No photographs published. This is common in auctions: often the property cannot be visited before bidding.
In a court auction nobody knows in advance what it will be awarded for. So we do not assume a price: we show you between which bids the sale is approved and still pays off.
From €89,762 to €208,636 the bid is approved without further steps and still leaves a 15 % margin. The closer to the minimum you come in, the more you keep.
The maximum starts from our market value (€293,600), a manual estimate not yet checked against official data. If that value changes, the maximum changes with it. See how it is valued
The actual starting price of this auction is €200: it is only where people start bidding, which is why the figures on this page are calculated at 70 % of the auction value, so you get an idea of what it really costs.
They are legal thresholds on the auction value, which is the reference set by the notice (often an old valuation, not a market price). At 70 % or more the sale is approved without anyone being able to top it. Between 50 % and 70 % the debtor has 10 working days to bring a third party who offers more. Below 50 % it is only approved in specific cases.
Type your bid and everything is recalculated: what you really pay, the verdict, the sensitivity and the yield if you rent it out.
The other costs are calculated automatically from the asset's verified data: surviving charges, taxes in Madrid, recovering possession and refurbishment.
With a bid of 70 % of the auction value (€89,762), the one that gets the sale approved without anyone being able to top it. It is a scenario to give you an idea, not a prediction of the final award price. In an auction you inherit the prior charges and pay to recover the property. This is what it costs you in total, until you hold the keys.
The margin (127.1 %) withstands the typical overruns. It deserves serious study.
Winning the auction does not always mean keeping the property. Depending on how much you bid relative to the auction value, the sale is approved straight away, is held pending a better offer from the debtor, or may not be approved at all.
It reaches 70 % of the auction value. If you are the best bidder, the sale is approved and you have 20 working days from the close to pay the rest.
| Threshold | Amount | What it means |
|---|---|---|
| 70 % · Direct approval | €89,762 | From here the sale is approved without anyone being able to top it. |
| 60 % · Third-party improvement | €76,939 | Below 70 %, the debtor has 10 days to bring someone who offers at least this (or whatever covers the debt) and takes the property from you. |
| 50 % · General floor | €64,116 | Below it, it is only approved if the bid covers the whole debt and reaches 40 %; otherwise the court clerk decides. |
Percentages of the auction value (€128,231). Articles 670 and 671 of the Spanish Civil Procedure Act, after the reform by Organic Law 1/2025 (in force since 3 April 2025). It is not recorded as the debtor's main residence. If it were, the floor would rise to 70 %: check the notice.
We do not have the amount claimed in this case, so we cannot estimate whether the debtor will pay to stop it. It appears in the notice: if the debt is small compared with the value, be wary.
The real cost says how much. This says when, which is what decides whether you can bid: the rest of the price falls due before a bank can give you a mortgage.
The one set by the notice. If you do not win, it is returned.
If you do not pay on time, you lose the deposit. In this window it is very hard for a bank to grant you a mortgage: plan to have it in cash.
Transfer tax (ITP) in Madrid (6 %) plus registry and agency fees. The deadline for paying ITP depends on your region, almost always one month.
A lawyer and court representative if possession has to be recovered, property tax and community fees in the meantime, and the refurbishment.
Approximate dates: they count working days excluding weekends and August, but not public holidays. The court has the final say.
It is not a valuation: it is the cross-check of several official sources, each with its own margin of error.
The market value above is an estimate from comparables, not a valuation. This is the margin if the home is worth a little less or more per square metre, and if you end up paying the no-further-steps minimum or a bit more.
A mark from 0 to 100 with the full breakdown. No black box: you can see how much each factor weighs and why it scores what it scores.
The score of each factor and why it scores what it scores is in the full analysis.
What each risk means and what to check before bidding is in the full analysis.
At an auction you can rarely visit the property inside. Seeing the street, the entrance and the surroundings is the closest you will get before bidding.
The street view may be months or years old. It helps you get an idea of the surroundings, not judge the current condition of the property.
Bidding takes place on the BOE Auction Portal. We do not take part in the transaction or charge a commission for it: we analyse and send you there.