Assets King

Assets King is a Spanish entidad especializada — the regulated role a court can appoint to sell the assets of a company in insolvency. Its catalogue comes from three streams at once: companies in liquidation, concurso de acreedores proceedings, and ordinary judicial enforcement, with additional stock consigned by banks, corporate groups and private sellers. That mix matters in Spain, because most insolvency liquidations are handled off the state BOE portal by specialist entities like this one, and the BOE listing alone will not show you them.

What you can buy

• Property: houses, homes under construction, commercial premises, land and farmland — the largest section.
• Machinery: production and industrial equipment from companies being wound up.
• Vehicles: cars and commercial vehicles from the same estates.
• Office equipment: furniture and IT from closed premises.
• Receivables (derechos de cobro): debt claims sold as assets.
• Shares and holdings: stakes in companies, sold as part of a liquidation.

How the bidding works

You need an account to bid, and registration distinguishes between buying for yourself and acting as someone's representative — a distinction that matters in Spanish insolvency practice, where purchases are often made through an agent. Sales are published in batches as each liquidation reaches the market rather than on a fixed weekly calendar, so the catalogue turns over irregularly.

What to check before you bid

An insolvency sale in Spain transfers what the estate holds and no more, so on property the encumbrance search is the whole job: check the nota simple from the Registro de la Propiedad for charges, and establish whether the property is occupied, because vacant possession is not part of what you are buying. Receivables and company holdings are for buyers who can price a legal position rather than an object. Everything is in Spanish, including the binding documentation.