It is not easy to find a home that has large spaces and is sold at an affordable price at the same time, especially in the current situation in the real estate market where the price of housing is at historic highs. In this context, more and more buyers are interested in opportunities from banks, where it is still possible to find houses for less than 50,000 euros. Something that through the usual real estate agencies seems like an impossible mission. An example is this two-story house that CaixaBank has for sale for only 40,600 euros and which stands out for its large size, with almost 250 square meters of surface area, 3 bedrooms, a patio and even a corral.
When purchasing a property, in addition to the sale price, it must be taken into account that certain prior savings are needed, not only to provide the down payment that the financial institution usually requests, but also to pay expenses and taxes pertaining to the operation. If a mortgage is requested, the usual thing is to have approximately 30% of the price of the property: 20% for the down payment required by the bank and about an additional 10% to cover expenses and taxes derived from the operation, such as notary, registration or taxes.
What is the house that CaixaBank sells for 40,600 euros like?
This home is located in Belmonte de Gracián, a town in the province of Zaragoza located a few minutes from Calatayud. As indicated on the Building Center real estate portal, from where CaixaBank sells this type of property, the house is located within the center of the town and has good road access.
The municipality has basic services for daily life and allows easy access to other nearby towns, which makes it an interesting option for those looking for a spacious home in a quiet environment.
The house is a town house with an approximate area of 242 square meters that is distributed over two floors as follows:
- Living room-dining room
- Kitchen
- 3 bedrooms
- 1 bathroom
- corral or patio
Among its characteristics, its large surface area and the outdoor space that the house has stand out. Although the home needs renovations to be able to move in, which is usually normal in properties from bank foreclosures, this can be an advantage for the owner, since this way he can adapt it to his taste.
Other Caixabank homes for sale
This type of opportunity is not something isolated. Financial institutions usually put for sale homes from foreclosures at prices lower than market prices, especially in small municipalities or rural areas.
Among other similar opportunities you can find:
- House with 3 bedrooms for 48,600 euros in Tomelloso (Ciudad Real) for 48,600 euros.
- House with 3 bedrooms, patio and terrace in Alcaudete (Jaén) for 44,600 euros.
- House with 3 bedrooms in Fuentelespino de Haro (Cuenca) for 8,100 euros.
- House with 3 bedrooms in Móra d’Ebre (Tarragona) for 16,200 euros.
- House with 3 bedrooms in Montefrío (Granada) for 39,600 euros.
This type of home can be interesting for those looking for a spacious house at a low price or even for those who want to invest and renovate the property before renting it or selling it later.