Occupied property
A home lived in by someone with no legal title, which lowers its price and stretches out the recovery of possession.
Detailed explanation
Bank and fund portfolios hide two very different situations under one label: the former owner still living there after foreclosure, and occupation by a third party. The first is almost always settled through negotiation and a payment to leave; the second depends on the court. An occupied property typically sells at a 30% to 60% discount against the same asset vacant.
Practical example
A flat in Badalona worth €150,000 vacant is offered occupied at €70,000. Recovering possession costs between €8,000 and €20,000 in negotiation and court agents, and takes six to eighteen months.
When it matters
It is the single decision that moves a deal's return the most: the price already discounts the problem, but the time and cost of solving it are yours.
At Arkos Investor
Every listing states whether the asset is occupied and what kind of occupation it is, and we handle the negotiated exit with the occupant where the case allows it.
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