Public auction for an apartment in Marbella, over 100 square meters, at half its price

Public auctions have become another option for acquiring housing at a price below the market rate. The Escrapalia platform lists properties for auction, and one of the properties closing its bidding this month is located in Marbella, featuring more than 110 square meters. The starting price is 282,000 euros, at 55% of its value, appraised at about 510,000 euros. The apartment is up for public auction on the specialized portal of Escrapalia, located in the residential area of Playa Bajadilla-Puerto.

Details of the Auctioned Property

Escrapalia has detailed the features of this property, spanning over 100 square meters. It includes a living room, kitchen, four bedrooms, a bathroom, and a balcony-terrace of 11.52 square meters.

The apartment is located in a building constructed in 1970 - noted as "well-established and well-maintained" - with a rectangular facade. The building has several floors, with commercial premises on the ground floor and residential apartments on the upper floors. "The facade is in good general condition, with large balconies and good orientation," they note in a press release.

Playa Bajadilla-Puertos in Marbella

The property is located at 5 Alonso de Bazán Street, situated in Playa Bajadilla-Puertos, a quiet residential area east of Marbella's center. It combines proximity to the beach—with the popular Playa de Bajadilla—and the convenience of being near the fishing and sports port of Marbella, as well as the city center. It is an area with a local atmosphere, everyday services (supermarkets, pharmacies, transport), and good access to the A-7 highway, ideal for living all year round or as an investment.

Auction Deadline Open

The auction will remain open until November 28. Escrapalia reminds that in this process, anyone, whether individual, company, or investor, can participate by registering for free on the portal. To bid, it is necessary to make a security deposit of 70,500 euros. They note that if you are the winning bidder, this deposit will be used to adjust the payment of marketing fees. If not successful, the amount will be refunded.

The property comes from a personal bankruptcy case, being processed in the Commercial Court number 3 of Málaga. By order of the appointed Bankruptcy Administration, the disposal of assets is carried out through the sale by extrajudicial auction through Surus as a specialized entity so that, through its platform Escrapalia, it carries out the public auction.