Parabola: Spanish hunting pier. Price: 3.7 million euros. Conquered by deer.

One once exquisite berry orchard, one of at least 40 estates taken over by Sareb, is rapidly deteriorating as a Spanish "bad bank" struggles to find a buyer. For every moment that land remains in our hands, it loses value. Spanish developer Luis Gonzalez Chozas has previously praised the nobility of the horses on his 600-hectare (1,480-acre) hunting estate in Caceres, Spain. Now, just two years after he lost ownership of the bank, wild sheep are walking the grounds and the deer population has increased more than fivefold, said Fabian Vinagre, the estate's caretaker.

A story about a farm called Harvest and Moor.

Describes the scattered properties that resulted from the boom and bust of the real estate market in Spain. The property is worth €3.7 million at Sareb's valuation, up from a price of €5 million about three years ago, before it was transferred to Liberbank, a former lender created by the merger of three regional banks. The shelter where many hunting trophies once hung gives way to blank walls. This is just another indication of how the years-long decline in real estate prices is taking its toll on buildings while animals and wildlife breed on its land. Sareb is trying to sell villas, residential houses, office buildings and construction loans in an attempt to establish reference prices for sale. She hopes for interest from wealthy investors from Spain and abroad.