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Camposol property auction sees home sold for less than half the home's value
The villa was sold at public auction well below the average asking price
A property located on Calle Jódar in Camposol's Sector C was sold at auction on Monday January 13, 2025, for a significantly reduced price, reflecting a steep drop from its estimated value.The public auction, which was listed on Christmas Eve, remained open past its deadline by 47 minutes, suggesting competitive interest among bidders. Ultimately, the winning bid was 41,587.38 euros, which is just over a third of the property’s assessed value of 115,520 euros.
This result highlights a sharp contrast with average asking prices in the area, as the sale concluded at less than half the typical figure. It remains unclear whether the property’s condition or other factors contributed to the low final bid.
The auction has drawn attention due to the location, the timing of its listing and the considerable disparity between the sale price and valuation.
If you are in the market for homes for sale in Camposol or Mazarrón, or which to sell your property, contact Filbees Real Estate, local real estate professionals.
Image: Gobierno de España Portal de Subastas
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Whether buying or selling property, Filbees’ Real Estate agents have the experience to get you the best deal
Finding the right property or the right buyer is just the start as Filbees’ Real Estate – with over 20 years’ experience in all aspects of the property business – will also provide assistance all the way through the buying or selling procedure.
They always helps their clients to find the ideal property or the right purchaser for their property all along the Costa Cálida coastline in Murcia.
Sarah Jane Filbee founded Filbees’ Real Estate in 2015 and is the manager of the Puerto de Mazarrón office. A resident in the Mazarrón area of Spain for over 30 years, Sarah Jane has a wealth of knowledge and experience in all aspects of the property business to place at your disposal.
She is joined in the Puerto de Mazarrón office by Reyes Aznarez, who works independently with the international sector, while running the insurance side of the business is Natalia Filbee based at the Camposol urbanisation with an office in the Megarsa store in the Sector B Commercial Centre.
With this professional and experienced team, Filbees’ Real Estate provide customers with accurate information and updates about the sale or purchase of their property throughout the property transmission process always working closely with our customers’ team of solicitors and promoters.
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If you’re in the market to buy your dream home or are thinking of selling your property contact Filbees’ Real Estate today using the contact box above for a complete and professional service.
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