The 1932–33 Segunda División season saw 10 teams participate in the second flight Spanish league. Real Oviedo was promoted to Primera División. Castellón was relegated to Tercera División.

Teams

Club City StadiumAthletic Club MadridMadridMetropolitanoCD CastellónCastellón de la PlanaEl SequiolCelta de VigoVigoBalaídosDeportivo de La CoruñaLa CoruñaRiazorMurcia FCMurciaLa CondominaCA OsasunaPamplonaSan JuanOviedo FCOviedoBuenavistaSevilla FCSevilleNerviónSporting de GijónGijónEl MolinónUnión Club IrúnIrunStadium Gal

Final table

Results

External links LFP website