The Spanish banks still have many thousands of repossessed Property on their books that they're trying to sell.  This includes new builds, nearly new and second hand properties.  There are still some very attractive prices available, although a lot of the real bargains from the property crash have probably gone now.  

Here is an updated list of the bank repossession websites where you can buy property directly from the banks.  It's not a comprehensive list but it covers the majority of the big players in Spain:

Abanca: Ecogecasa http://www.escogecasa.es/

Banco Santander: Altamira Inmuebles http://www.altamirainmuebles.com/

BBVA: BBVA Vivienda https://www.bbvavivienda.com/

Bankia: Haya https://www.haya.es/

Banco Sabadell: Solvia http://www.solvia.es/

Bankinter: Bankinter https://www.bankinter.com/www/es-es/cgi/ebk+inm+home

Caixabank: Servihabitat http://www.servihabitat.com/svhPortal

Caja España Duero: Giasa Inversiones http://www.giasainversiones.es/

Ibercaja: Portal Inmobiliario Grupo Ibercaja http://portalinmobiliario.ibercaja.es/home/

Kutxabank: Kutxabank Inmibiliaria http://www.kutxabankinmobiliaria.es/

Liberbank: Liberbank Viviendas http://www.liberbankvivienda.es/

Popular: Aliseda Inmobiliaria https://www.alisedainmobiliaria.com/

Unicaja: Unicaja Inmuebles http://www.unicajainmuebles.com/inicio.do