# 1931–32 Tercera División
## Group 1
### League table

| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |
| 1 | Racing Ferrol | 6 | 4 | 1 | 1 | 16 | 8 | +8 | 9 | Qualification for the promotion play-off |
| 2 | Eiriña | 6 | 3 | 1 | 2 | 9 | 11 | −2 | 7 | |
| 3 | Stadium Avilesino | 6 | 1 | 2 | 3 | 10 | 12 | −2 | 4 | |
| 4 | Valladolid | 6 | 2 | 0 | 4 | 8 | 12 | −4 | 4 | |
| 5 | Cultural Leonesa | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Retired |
* 1 2 Stadium Avilesino finished ahead of Valladolid on head-to-head goal difference: Stadium Avilesino–Valladolid 5–1, Valladolid–Stadium Avilesino 1–0
* ↑ Retired of the competition

## Group 2
### League table

| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |
| 1 | Osasuna | 8 | 6 | 2 | 0 | 20 | 5 | +15 | 14 | Qualification for the promotion play-off |
| 2 | Barakaldo | 8 | 4 | 2 | 2 | 16 | 11 | +5 | 10 | |
| 3 | Erandio | 8 | 2 | 3 | 3 | 12 | 11 | +1 | 7 | |
| 4 | Logroño | 8 | 2 | 2 | 4 | 8 | 13 | −5 | 6 | |
| 5 | Atlético Aurora | 8 | 1 | 1 | 6 | 7 | 23 | −16 | 3 | |

## Group 3
### Group 3–A
#### League table

| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |
| 1 | Sabadell | 10 | 6 | 1 | 3 | 22 | 12 | +10 | 13 | Qualification for the group finals |
| 2 | Martinenc | 10 | 4 | 3 | 3 | 21 | 19 | +2 | 11 | |
| 3 | Badalona | 10 | 4 | 3 | 3 | 18 | 16 | +2 | 11 | |
| 4 | Mallorca | 10 | 4 | 2 | 4 | 13 | 16 | −3 | 10 | |
| 5 | Iberia | 10 | 3 | 2 | 5 | 9 | 16 | −7 | 8 | |
| 6 | Júpiter | 10 | 3 | 1 | 6 | 12 | 16 | −4 | 7 | |
* 1 2 Martinenc finished ahead of Badalona on number of goals scored

### Group 3–B
#### League table

| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |
| 1 | Levante | 4 | 3 | 0 | 1 | 20 | 5 | +15 | 6 | Qualification for the group finals |
| 2 | Atlético Saguntino | 4 | 2 | 0 | 2 | 5 | 14 | −9 | 4 | |
| 3 | Gimnástico Valencia | 4 | 1 | 0 | 3 | 4 | 10 | −6 | 2 | |

### Group 3–Finals

| Team 1 | Agg.Tooltip Aggregate score | Team 2 | 1st leg | 2nd leg |
| Levante | 1–5 | Sabadell | 1–1 | 0–4 |

## Group 4
### Group 4–A
#### League table

| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |
| 1 | Hércules | 8 | 5 | 1 | 2 | 22 | 10 | +12 | 11 | Qualification for the group finals |
| 2 | Cartagena | 8 | 5 | 0 | 3 | 24 | 16 | +8 | 10 | |
| 3 | Alicante | 8 | 4 | 0 | 4 | 12 | 21 | −9 | 8 | |
| 4 | Imperial Murcia | 8 | 4 | 0 | 4 | 12 | 18 | −6 | 8 | |
| 5 | Elche | 8 | 1 | 1 | 6 | 10 | 15 | −5 | 3 | |
* 1 2 Alicante finished ahead of Imperial Murcia on head-to-head goal difference: Imperial Murcia–Alicante 4–3, Alicante–Imperial Murcia 2–0

### Group 4–B
#### League table

| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |
| 1 | Nacional Madrid | 4 | 2 | 1 | 1 | 6 | 4 | +2 | 5 | Qualification for the group finals |
| 2 | Racing Córdoba | 4 | 2 | 1 | 1 | 6 | 4 | +2 | 5 | |
| 3 | Malagueño | 4 | 0 | 2 | 2 | 2 | 6 | −4 | 2 | |
* 1 2 Nacional Madrid finished ahead of Racing Córdoba after a tiebreaker game: Nacional Madrid–Racing Córdoba 2–1

### Group 4–Finals

| Team 1 | Agg.Tooltip Aggregate score | Team 2 | 1st leg | 2nd leg |
| Hércules | 3–6 | Nacional Madrid | 1–1 | 2–5 |

## Promotion play-off
### Semi-finals

| Team 1 | Agg.Tooltip Aggregate score | Team 2 | 1st leg | 2nd leg |
| Sabadell | 2–4 | Osasuna | 2–1 | 0–3 |
| Nacional Madrid | 5–5 | Racing Ferrol | 4–2 | 1–3 |

#### Tiebreaker

| Team 1 | Score | Team 2 |
| Nacional Madrid | 1–0 | Racing Ferrol |

### Finals

| Team 1 | Agg.Tooltip Aggregate score | Team 2 | 1st leg | 2nd leg |
| Osasuna | 4–0 | Nacional Madrid | 3–0 | 1–0 |