Terreno en calle de Cataluña
Suelo urbanizable de uso industrial en Algete (Madrid).
Terreno en plaza de Ordoño Ii
Suelo de uso residencial a la venta en Algete, Madrid.
In the city of Algete you can find a wide range of bank-owned lands and plots, also referred to as bank properties or bank foreclosed lands. These assets come from financial entities such as CaixaBank, Santander, Sabadell, Altamira, LendCo, Caja Rural, among other banks and servicers specializing in the management of foreclosed properties.
The prices of bank-owned land in Algete start from 234 000 €, usually corresponding to rural properties or foreclosed non-buildable land, whose main appeal is the low cost. The average price of bank properties in the city is around 242 000 €, where bank-owned buildable land plots are plentiful, highly sought after for their price-to-development potential ratio. In the upper range, prices reach 250 000 €, typical of foreclosed urban plots or bank urban land, located in strategic areas within the municipality.
However, it is important to keep in mind that, in addition to foreclosed bank properties in Algete, it is also advisable to review private lands in the city and explore both all lands in Madrid Province and bank-owned lands in the province of Madrid. In many cases, you can find cheap private lands that offer competitive conditions and can be an interesting alternative to bank plots.