Cales i Atalaies · Vila Joiosa, la/Villajoyosa · Alicante/Alacant · 03570

Fifth-floor apartment with partial ownership

€36,632 336 €/m²

Apartment in La Vila Joiosa with 56.16 m² built area, 49.38 m² usable area and two exterior terraces. The record concerns 50% full ownership and reports occupants without a right to remain.

Estimated monthly account

Rental income+€730/month
Mortgage 80% · 25 years · Euribor 2.86%−€137/month
Costs IBI, service charge, allowance · estimated−€40/month
Net cash flow +€554/month

Estimated up-front investment €11,356 · 20% deposit + 11% purchase costs

Reference SUB-RC-2026-0026I20250219 · On Inmoblia since 7 August 2026

The auction

Auction details

Official terms published on the BOE auction portal.

Finished Administrative auction Closed on 17 August 2026
€36,632Opening bidMinimum published amount to bid
Possession
Not stated
Prior charges
Yes, charges published
Deposit to bid
€3,663
Appraised value
€73,265

Charges published by the BOE: 1 - SERVIDUMBRE -de tenencia y mantenimiento de uso de un local destinado a la instalación y permanencia de uno o varios transformadores de energía eléctrica, según consta en la INSCRIPCIÓN 5ª de la finca registral 28830, obrante al folio 40 del libro 501 de La Vila Joiosa.. 2 - Por razón de su procedencia está afecta a la posible revisión por la autoliquidación del ITPyAJD, según consta por nota al margen de la INSCRIPCIÓN 7ª de la finca registral 28830, obrante al folio 156 del libro 742 de La Vila Joiosa, tomo 742 del archivo.. 3 - Por procedencia esta sujeta al régimen de propiedad horizontal, en los términos de la inscripción 4ª, modificada por la 6ª y 7ª de la finca 28830.

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Type
Apartment
Built area
109 m²
Usable area
49 m²
Terrace
25 m²
Floor
5
Year built
2004
Occupancy
Illegally occupied
Transaction type
Auction
Fittings

Fittings and extras

Property characteristics published in the auction file.

  • Terrace 25 m²

The advert also mentions:

  • Two exterior terraces measuring 14.97 m² and 9.87 m²
  • Street address: Calle Gregal 3, Edificio Elegance
  • Cadastral reference 6479201YH4667N0129AE
  • Not reported as a habitual residence
  • Auction record from Spain's official BOE portal

Free text we could not normalise into a comparable attribute, so it does not score.

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

No notable positive signals.

Against

  • Unreliable valuationThe market reference has limited coverage; read the discount with caution.
  • Deposit requiredBidding requires posting the deposit the BOE demands in advance.
  • No valuation of our ownWe cannot measure the discount without an independent market valuation.
  • Prior charges publishedThe BOE publishes prior charges that may survive the award.
The auction score

How the score is built

This lot gets no overall score, but its factors are still measured. Each panel shows what we know and stays collapsed until you want to review the data.

Total score (the discount is missing, and it carries 45%)No score

Discount to market

45% of the score
Not measured

We have no market valuation of our own for this property, so we cannot measure the discount on the bid. Since it carries 45% of the total, the lot gets no overall score: we do not use the court appraisal as a substitute.

Effective bid
€36,632
Estimated market value
Calculated discount

The discount rises on a gradual curve: 20% is worth about 49/100 and 60% about 86/100. Source: the bid published by the BOE and Inmoblia's explainable valuation; the court appraisal is not used as market value.

Prior charges

15% of the score
15
Published position
Yes, charges published

BOE text: 1 - SERVIDUMBRE -de tenencia y mantenimiento de uso de un local destinado a la instalación y permanencia de uno o varios transformadores de energía eléctrica, según consta en la INSCRIPCIÓN 5ª de la finca registral 28830, obrante al folio 40 del libro 501 de La Vila Joiosa.. 2 - Por razón de su procedencia está afecta a la posible revisión por la autoliquidación del ITPyAJD, según consta por nota al margen de la INSCRIPCIÓN 7ª de la finca registral 28830, obrante al folio 156 del libro 742 de La Vila Joiosa, tomo 742 del archivo.. 3 - Por procedencia esta sujeta al régimen de propiedad horizontal, en los términos de la inscripción 4ª, modificada por la 6ª y 7ª de la finca 28830.

Prior charges may survive the award. No declared charges scores 100; if the BOE does not state it, 45; with published charges, 15.

Possession

20% of the score
45
Published position
Not stated

A vacant property scores 100; tenanted, 55; position unknown, 45; and occupied, 10, for the cost and time recovering possession may take.

Municipal liquidity

10% of the score
50
6.6Market turnover
median 3.3 transactions a year per 1,000 residents · more turnover, easier to resell · 2026Q1
0.73Repossession pressure
median 0.74 urban housing repossessions per 1,000 of the provincial stock · 2025

Repossessions are a provincial figure (INE) and turnover is municipal (MIVAU). They measure the market's risk and how easily it resells, not the quality of this particular property.

Without enough municipal coverage the factor stays at 50, neutral: it neither rewards nor penalises.

Valuation reliability

10% of the score
30
Valuation confidence
low confidence
Evidence coverage
45%

The discount is only as reliable as the market value used as its reference. A high-confidence valuation scores 100; medium, 65; low or absent, 30.

Explainable valuation

An indicative estimate, not a certified appraisal. Each type of evidence is shown separately.

Low45%
€36,632Advertised price336 €/m²
UnavailableOfficial closing price in the areaOfficial evidence, kept separate
2,237 €/m²Reference appraised valueMIVAU · 2026Q1

Fair rent range

2,775 observations
€512/monthP25
€730/monthmediana
€948/monthP75

Model explainable-municipal-v2 · calculated on 27 August 2026. low confidence, adjusted for recency, granularity, sample and dispersion.

Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

In most court auctions the charges ranking ahead of the executing creditor are not extinguished: the successful bidder takes them on. Possession is not guaranteed and may require eviction proceedings at the buyer's cost. Bidding requires a digital certificate, DNIe or Cl@ve and posting the stated deposit in advance. Always check the full terms in the official BOE notice.

Low confidence: key details of the file are missing; read the score with caution.

Confidence measures how much data we hold, not the quality of the investment. We publish no arrears estimates: income, employment and crime figures are market context, never an indicator of tenant risk.