Research posture

Continue searching for five-row depth. Spain reached the two-row certified comparable threshold after the May 8 Cycle 55 Cap Blanc source repair, but remains short of broader certified depth.

The bar a Spain listing must clear:

Promote only a Spanish row with a public price, a defensible underground area, and a transfer scope where the bunker, shelter, or former military underground facility is central to the sale asset. Broader castles, houses, fincas, product modules, and historic-feature articles stay outside certified medians unless the source separates the bunker price and area or the whole-property sale is itself a bunker or former-base asset.

What keeps candidates out

Our researchers reviewed 34 candidates for Spain: 7 made it in, 18 were rejected, 9 are still being verified. Top rejection reasons:

Duplicate Candidate ×2Broader Property Or Missing Area ×1Broader Property Or Product Context ×1DEPTH Disposition Of The Conditional Queue C Item. The Documented BOE Channel WORKS Technically - Announcements Fetch Clean (Txt.Php HTML And Dias PDF Both Parse) And Publish Per-Lot Base Prices AND Superficie Registral. But The Current Military-Structure Lots Fail The Standalone-Structure Gate Because They Are LAND-Dominated: Lot 16 Of BOE-B-2025-23129 Polvorines De Magaz En Villamuriel De Cerrato (Palencia) Has Superficie Registral 196893.00 M2 (About 19.7 Ha) At Primera-Subasta 443812.27 EUR = About 2.25 EUR/M2 Land Pricing With No Magazine/Bunker Structure Area Separated; Lot 16 Of BOE-B-2026-13591 Parcelas Del Antiguo Polvorin De Ribarroja (Valencia) Is Explicitly PARCELS - 57055 M2 At Tercera-Subasta 211815.00 EUR. Both Are Ex-Military Land With Incidental Structures (The Fort Kabala Pattern) And Would Be Padding If Imported. ES Stays At 2 Certified. Channel Notes For Future Passes: INVIED Announces Via BOE With 1st-4th Subasta Price Ladders; Subastas-En-Curso Index At Defensa.Gob.Es/Invied; When A Lot Ever Names A Bunker/Refugio With Its Own Structure Area This Channel Will Certify Cleanly. ×1Duplicate Existing Asset ×1Duplicate Existing Certified Asset Relist ×1

Diligence notes

▸ Custom project price excludes civil works and depends on site conditions

▸ Product-market source; land location and permitting must be verified before use as property supply

▸ Product-market source; installation depends on buyer site and permits

▸ Development potential and hotel-permitting assumptions require buyer diligence; archived 2022 article evidence not current active supply

▸ Archived public auction; final sale status not confirmed

▸ Protected park land and rural-use restrictions require buyer due diligence and no new residential construction is stated