Sale of bank plots in Torrox, Malaga

In the city of Torrox 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 Torrox start from 460 000 €, 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 713 000 €, where bank-owned buildable land plots are plentiful, highly sought after for their price-to-development potential ratio. In the upper range, prices reach 966 000 €, 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 Torrox, it is also advisable to review private lands in the city and explore both all lands in Malaga Province and bank-owned lands in the province of Malaga. In many cases, you can find cheap private lands that offer competitive conditions and can be an interesting alternative to bank plots.