Quantitative analysis of auctions in San Bartolomé It reveals a massive gap between official valuations and market reality. The data from the latest 168 executions They confirm that capital doesn't wait:
Awards in the segment of tourist apartments They are the most aggressive. In the Tenerife Avenuea unit of barely 26,49m² valued at €41.655 was awarded by €129.131, an increase of 309%A similar pattern was repeated in the La Colina Urbanizationwhere an apartment with access to €50.000 climbed up to the €141.000 (282%), and in San Fernandowhere a house of €54.900 closed in €160.000 (291%).
At the high end of the market, the luxury residences It also registers upward tensions. A chalet in Red Rocks (English Beach)with a rating of €588.903It attracted bids up to the €707.232Conversely, larger assets, such as a single-family home in Canada Street valued at €1.099.363They exhibit a higher cancellation rate, reflecting the complexity of liquidating assets that exceed the threshold of million euros through administrative auction.
The phenomenon of joint ownership (Shared ownership) shows the lowest entry prices but with higher technical risk. In the building Atlantic XXII (The Board), shares of the have been auctioned 50% of homes with valuations of €61.309 that have been awarded for only €16.000, which represents a real acquisition value of 26% Regarding the valuation. These operations are the main objective of professional auctioneers who seek total control of the asset through subsequent processes of division of jointly owned property.
The effectiveness of the through judicial enforcement Front of Law It's remarkable. While the auctions of the Social security Street Felo Monzón They maintain stable starting prices among the €46.200 and €106.211, judicial auctions in International Field (as in the complex) Green Oasis) show higher risk premiums, with bungalows of €117.100 closing in €177.992.
The final balance of this inventory of 168 properties indicates that the 15% some processes are cancelled before completion, and that in the 85% Of the completed tourism auctions, the closing price exceeds 110% of the appraised value. In San Bartolomé de Tirajana, foreclosure is not synonymous with a discount, but rather an opportunity to access land whose average annual profitability in holiday rentals continues to break records.
