Question 1

Where do seized garage spaces and parking bays come from?

Accepted Answer

Garage spaces auctioned publicly originate from seizures of individuals or companies (often property developers) for unpaid debts. These enforcement actions can come from mortgage defaults through the courts, or from administrative debts owed to the [Tax Agency](/en/subastas-hacienda-aeat), [Social Security](/en/subastas-seguridad-social) and local councils. Through the [BOE](/en/subastas-boe), these [parking spaces](/en/subastas-publicas-garajes) are liquidated to settle the previous owner's debt.

Question 2

Why is investing in auctioned garage spaces so profitable?

Accepted Answer

Investing in [seized garages](/en/subastas-embargados-garajes) is one of the most attractive real estate strategies due to the low entry cost and high rental yield. Unlike a residential property, a garage requires minimal maintenance, carries no risk of illegal occupation (squatters) and enjoys very high rental demand in urban areas. Buying a parking space below market value at auction allows you to recoup the investment through rental income in just a few years.

Question 3

What hidden debts and costs do I assume when buying a seized garage?

Accepted Answer

Like [apartments](/en/subastas-publicas-viviendas), the winner of a garage auction acquires it with "continuation of liens". The biggest risk in parking spaces is accumulated debt owed to the Building Community (Comunidad de Propietarios) and unpaid property tax (IBI) arrears. subastAI's AI audits the property registry entry and warns you of these [hidden debts](/en/glossary) before you bid, protecting your return on investment.

Question 4

Can I see the garage or find out its exact dimensions before bidding?

Accepted Answer

In general, it is not possible to physically visit the garage to check whether your car will fit. The asset is auctioned "as is". As BOE auction notices can be unclear about the exact location within the car park, subastAI automatically cross-references the file data with Cadastre records to show you the exact square metres and real location of the parking bay.

Question 5

How does the bidding process work for a garage on the BOE?

Accepted Answer

All garage [auctions in Spain](/en/subastas-publicas) are conducted electronically. To participate, register on the BOE Electronic Auction Portal with your digital certificate and make a prior deposit (consignación), usually 5% of the assessed value of the space. subastAI's map-based search lets you easily locate seized garages in your neighbourhood, analyse their rental yield and access the official lot directly to place your bid.

Preguntas Frecuentes — Seized Garages

Where do seized garage spaces and parking bays come from?

Why is investing in auctioned garage spaces so profitable?

What hidden debts and costs do I assume when buying a seized garage?

Can I see the garage or find out its exact dimensions before bidding?

How does the bidding process work for a garage on the BOE?