Bank Real Estate: What It Is and How It Works

August 18, 2025

If you are planning to buy a property but have no idea which real estate agency to visit to see their listings, this post will help you. Ideally, you should look for agencies that offer an extensive portfolio of offices, land, houses, new or second-hand, where you will find what you are looking for.

These entities offer many discounts and can even grant reductions of up to 50% of the property's cost. There are more than 15 real estate agencies. They manage their own client and property portfolios, seeking to offer more discounts each year to attract more buyers, especially for vacation homes or apartments.

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What is a bank-owned real estate agency?

We know them as bank real estate agencies, and they operate like any other real estate agency, but they offer apartments and other properties that have been seized due to their portfolio. Some of these properties are the result of non-payment by their previous owners, because they had a mortgage on them and found it impossible to pay it off.

However, in most cases, these properties have been built thanks to their involvement as real estate developers. Once completed, these groups of properties are sold to investors who rent them out as vacation properties, or to families who make them their home.

You may be interested in: types of real estate investments.

How do they work?

Bank real estate agencies operate in an interesting way, carrying out many activities, but the most important ones are:

Identifying and evaluating different opportunities

Developing and building projects

Marketing and promoting the sales stage

Negotiating and closing transactions

Post-sale management

The bank's real estate division is committed to prioritizing long-term buyer satisfaction, contributing to credibility in the sector. This includes implementing loyalty programs, providing preventive maintenance services, and offering personalized attention tailored to each buyer’s specific needs.

What are its advantages?

Having a real estate agency at your service opens up a world of possibilities and benefits, but we will only mention a few.

Occasional discounts

To sell their properties, bank real estate agencies offer excellent promotions where you can get attractive discounts. This mainly occurs with properties that have recently been repossessed due to unpaid mortgages.

Better financing terms

The bank involved in selling the house can offer you a very advantageous mortgage loan compared to buying any other property. There are mortgages with 100% financing and terms of up to 40 years, offered by institutions such as Bankinter, Deutsche Bank, and Banco Santander, among others.

You may be interested in: reverse mortgages, maximum mortgages, and fixed, variable, or mixed mortgages.

The appraisal will be paid for if the seizure is recent.

The bank's real estate agency can appraise the house before putting it up for sale, which can save you the tedious process of requesting and paying for a new appraisal. However, if the foreclosure was executed more than six months ago, you will probably have to have the house appraised again and bear the cost.

You may be interested in: : home appraisal.

What properties might be available at a bank real estate agency?

Bank real estate agencies offer an interesting range of options among the properties they offer, including homes of all kinds. These options include houses and apartments for residential use, offices, warehouses, commercial premises, and even land in prime locations.

But they also have an extensive catalog where you can surely find newly built properties and all the information you need to get started. Additionally, to make your search easier, they have added a section with the most searched properties in each province, region, and town.

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Who can apply for it?

Anyone who believes it is necessary to have a real estate and mortgage advisor by their side can request and hire a bank real estate agent. It is simply a matter of selecting the most prominent ones, asking for the opinion of someone you know who has hired one, and deciding on the best qualified.

Which real estate agency does each bank have?

Here are the main real estate agencies that each bank currently has in 2025:

BBVA: BBVA Housing

This entity has sought to expand the real estate sector, giving greater visibility to the properties it offers, with the aim of selling them quickly through its platform. Likewise, it stands out for implementing tactics that have increased sales of houses and other properties in its catalog.

Banco Santander: Altamira Real Estate

Banco Santander has well-known real estate representatives such as Altamira Inmuebles, with expert advisors to manage financial and real estate assets, and they have many properties for rent and sale.

Caixabank: Servihabitat

Servihabitat stands out for its comprehensive solutions in the sector. It also manages loans, markets real estate assets, provides asset and urban planning management, and offers real estate investment advice. It has an extensive catalog of new homes and other properties in several provinces across Spain.

Popular: Aliseda Real Estate

Aliseda’s real estate representatives have offices, garages, apartments, and land, and they also have the ability to advise clients on property matters. They operate in land management and promote the real estate sector, and are among the most recognized for offering extremely competitive services in the industry.

Banco Sabadell: Solvia

Solvia is a well-established real estate brand with a strong presence in the retail and investment sectors. Its advisors have extensive experience managing credit portfolios, promoting and managing real estate assets, and handling property and asset management.

Bankia: Haya

This real estate agency represents Bankia and stands out for marketing more than 15,000 properties per year, with expert advisors in asset and portfolio valuation. They conduct market analysis and develop business plans, evaluating opportunities to guide clients on where to invest and helping ensure profitable investments.

Bankinter: Bankinter Real Estate Portal

Bankinter has a team of experts in the sector who advise clients at every stage of the process, helping them successfully complete the purchase of the property they are interested in. They work through the real estate agency that represents them and are known for offering highly competitive prices in the market. 

Kutxabank: Kutxabank Real Estate

They offer discounts of up to 70% and very affordable homes that they manage and market. If you are looking for the property of your dreams at an excellent price, request their advice and choose a new or second-hand property.

Unicaja: Unicaja Real Estate

Definitely a banking agency with real estate advisory services offering a wide variety of properties for sale and rent in the sector, with great opportunities for everyone. They provide guidance so you can find what you truly need and that fits your budget.

Ibercaja: Ibercaja Group Real Estate Portal

Real estate group that offers financing information and personalized advice to its clients, resolving any questions they may have. It is worth noting that they have an extensive portfolio of properties across different provinces in the country.

Caja Rural del Sur: HabiatClic

HabiatClic, the real estate agency linked to Caja Rural del Sur, stands out for its personalized and client-focused approach, specializing in sales and rentals. They offer properties throughout southern Spain, with a wide range of options, from apartments to rural houses.

Disadvantages and risks

Among the disadvantages and risks of buying through a bank-owned real estate agency, we can mention that their properties:

  • They may be in poor condition
  • They are not necessarily cheaper than properties sold without a real estate agency
  • They may have outstanding liens or legal encumbrances
  • Availability is limited

Tips for buying from a bank-owned real estate agency

Rather than tips, we should call them “insider tips” when hiring a real estate agency, and they are as follows:

Compare its price with similar properties for sale in the same area

Visit the property and inspect it carefully for any defects

Don’t hold back during the visit

Ask anything you consider important or necessary

Review how the property’s price has evolved

Invest in the best real estate opportunities with Domoblock

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Conclusion

If you are considering investing in bank-owned real estate, it is always advisable to seek expert advice. If you have questions, contact us, Consult Domoblock! The best investment for your money will always be one that has been carefully considered and discussed with those who understand the selected sector. Be one of our satisfied clients.

Sergio Navarro

Expert in blockchain, investments, and personal finance.

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