Banks in Spain
Unlike the situation in the Netherlands, in Spain, it is not real estate agents but banks that are the largest traders in real estate. Spanish banks are equipped with complete real estate departments and operate dedicated real estate websites. Because the Spanish banking market is not exactly transparent, we at Spaanse Hypotheek are happy to provide more information about how the market works.
Banks and real estate in Spain
Spaanse Hypotheek has good connections with Spanish banks, particularly for contact with people from the Netherlands. Whether you want to open a bank account, perform a mortgage check, or learn more about purchasing real estate in Spain.
Below you will find an overview of the top 10 real estate websites of Spanish banks. In the top 10 alone, you will find over 90,000 properties, ranging from garages to luxury homes.
Overview of Spanish Banks
1. BBVA (Banco Bilbao y Vizcaya Agentaria
No fewer than over 13,000 real estate properties. The BBVA is the second largest bank in Spain. Originally, there were the Banco de Bilbao, the Banco Vizcaya, and Argentaria. These banks merged in 1999.
2. Banco Sabadell Cam
Almost 11,500 real estate properties. Founded in 1881 in Sabadell in Barcelona. It is the 4th largest bank in Spain. Website: Solvia
3. Caixabank
Approximately 13,800 real estate properties. La Caixabank was created through a merger between La Caixa and Servihabitat.
4. Bank
50,000 real estate properties in its portfolio. Bankia originated from four different banks. The largest of these banks was Caja Madrid.
5. Banco Santander
Nearly 4,000 real estate properties. This is the largest bank in Spain. This bank has existed since 1909.
6. Banesto Bank
Approximately 8,000 real estate properties. Bank Banesto was founded in 1902. However, 79% of the shares are owned by Banco Santander, making it the largest owner. It is the third largest bank in Spain.
7. Bankinter
With over 750 real estate properties. This bank was founded by Banco Santander and the Bank of America. That was in the year 1952. In 1972, Bankinter even appeared on the stock exchange.
8. Popular Bank
With 3,000 real estate properties. This bank started in 1929 and has been listed on the stock exchange since 2012. It is the 5th largest bank in Spain.
9. DEUTSCHE Bank
Has 275 real estate properties in its portfolio. This bank has been operating under the name Deutsche Bank SA Española since 1994.
10. Other Spanish banks
Then there are also websites that group real estate offers from Spanish banks, such as: Website: holapisos en inmobiliariabancaria.
Information about banks in Spain
You sign this document (following any reservation contract) to confirm your serious interest. A contrato de ARRAS is also known as a preliminary purchase agreement.
Deed of Sale
The final purchase contract, escritura de compraventa, is signed during the transfer of the property at the notary. This is also the moment when the property is handed over to the buyer and the (remaining) payment is made to the seller.
