only 10% houses for sale on site saree Inside stressful areas or high demand. Analysis of the Sareb property supply, conducted by the Idealista real estate agency, confirms that the market impact of listing the previously baptized ‘bad bank’ homes will have little impact on rental supply and prices.
Idealista examines Sareb’s housing offer in detail, noting that most of its remaining assets have been on sale for many years and have mostly deteriorated. Idealista’s experts also highlight the “houses Sareb claims to own on his website.” They do not discriminate according to their protection status or whether they have been subjected to an illegal occupation.The conclusions from this are that placing it on the market will likely require some action and investment, either by the tenants or the appropriation authorities.
In practice, two-thirds of Sareb-owned homes are in municipalities with low or very low rental demand and Aragon, Asturias and La Rioja 99% of the current offer has failed to find buyers in recent years. 27% of Sareb’s real estate supply is located in high demand areas and only 10% is in very high demand areas.
Castilla y León and Andalucía are the communities that bring the most homes together. very low demand areas, 6% and 5%, respectively. These are followed by Extremadura (3%), Castilla-La Mancha (2%), Galicia and Asturias (1%). In the case of low demand, almost all of Sareb’s offer (99% in any case) is in low demand areas, in Aragón, Asturias and La Rioja. These are followed by Extremadura (97%), Galicia (96%), Castilla y León (94%) and Cantabria (90%). In Navarra, Sareb has no offers in low demand areas, while in Madrid only 3%.
On the contrary, in most stressful markets Sareb houses are located in areas with high demand, Madrid is where we find the most supply of this type, 64%. These are followed by the Balearic Islands (58%), Catalonia (47%) and Navarra (45%). Navarra is also the community with the highest number of Sareb offers in very high demand regions with 55%. This is followed by the Canary Islands (49%), Madrid (34%), Catalonia (20%) and the Basque Country (18%).
Idealista analyzed the homes (46,540) that Sareb claims to own in each of the Spanish municipalities. geolocated and in the first quarter of 2023 it surpassed every house by the relative demand rate recorded in Idealista by the same municipalities. relative demand, Compared to the national median over the same period, it found that 2.5 points below the median was low demand and more than 7 points was very low, above the median up to 3 points was high, and more than 8 points was very low. high.