Centro · Palencia · Palencia

Spacious 4-bed flat in Palencia centre with private patio

€199,000 1,730 €/m²

115 m² flat on the first floor in central Palencia near Correos and Plaza León, with 4 bedrooms, 2 bathrooms, private interior patio and a closed gallery. Well kept, with new 2025 individual heating meters, low €70/month community fees and an optional two-car garage with storage room nearby.

On Inmoblia since 31 August 2026 · Published by Existir Slu

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type
Flat
Built area
115 m²
Bedrooms
4
Bathrooms
2
Floor
1
Year built
1975
Condition
Good condition
Aspect
Exterior
Energy certificate
D
Orientation
West
Service charge
€70/month
Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

  • Lift
  • Heating +3
  • Exterior-facing +4
  • Storage room

The advert also mentions:

  • Private interior patio
  • Independent kitchen with pantry
  • Living-dining room of nearly 30 m2
  • Closed gallery with street views
  • Recently renovated bathroom with shower
  • Central heating with individual meters installed in 2025
  • Optional two-car garage with storage room at Plaza León
  • Reduced mobility access
  • Built-in wardrobes
  • Armoured front door
  • Double-glazed exterior windows
  • New interior joinery

Free text we could not normalise into a comparable attribute, so it does not score.

How these values score

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

  • In good conditionNo renovation needed to put it on the rental market.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+2.6% interanual
115.1 20112014201820212024 100.9 · 2011100.9 · 2011101.1 · 2012101.1 · 2012100.2 · 2013100.2 · 2013100 · 2014100 · 2014100 · 2015100 · 2015101.9 · 2016101.9 · 2016103.2 · 2017103.2 · 2017104.8 · 2018104.8 · 2018107 · 2019107 · 2019107.8 · 2020107.8 · 2020109.2 · 2021109.2 · 2021110.6 · 2022110.6 · 2022112.2 · 2023112.2 · 2023115.1 · 2024115.1 · 2024

Housing transactions

MIVAU · deals per year

+10.0% interanual
1,168 20112015201820222025 464 · 2011464 · 2011528 · 2012528 · 2012370 · 2013370 · 2013557 · 2014557 · 2014540 · 2015540 · 2015649 · 2016649 · 2016768 · 2017768 · 2017784 · 2018784 · 2018806 · 2019806 · 2019628 · 2020628 · 2020931 · 2021931 · 2021989 · 2022989 · 2022859 · 2023859 · 20231,062 · 20241,062 · 20241,168 · 20251,168 · 2025

Investment guide for Palencia

Municipal demand

The structural depth of demand in the area.

+1.0%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)

Registered unemployment

SEPE · yearly average

−1.2% interanual
3,352 20192021202320242026 4,835 · 20194,835 · 20195,524 · 20205,524 · 20205,308 · 20215,308 · 20214,299 · 20224,299 · 20223,794 · 20233,794 · 20233,466 · 20243,466 · 20243,391 · 20253,391 · 20253,352 · 20263,352 · 2026

Average gross income

AEAT · annual tax return

+3.5% interanual
€29,387 20132016201820212023 €24,255 · 2013€24,255 · 2013€24,220 · 2014€24,220 · 2014€24,481 · 2015€24,481 · 2015€25,013 · 2016€25,013 · 2016€25,324 · 2017€25,324 · 2017€25,925 · 2018€25,925 · 2018€26,719 · 2019€26,719 · 2019€26,441 · 2020€26,441 · 2020€27,285 · 2021€27,285 · 2021€28,384 · 2022€28,384 · 2022€29,387 · 2023€29,387 · 2023

Registered population

INE · yearly population register

0.0% interanual
77,466 20112014201720202025 81,552 · 201181,552 · 201181,552 · 201181,552 · 201181,552 · 201181,552 · 201181,552 · 201181,552 · 201181,198 · 201281,198 · 201281,198 · 201281,198 · 201281,198 · 201281,198 · 201281,198 · 201281,198 · 201280,649 · 201380,649 · 201380,649 · 201380,649 · 201380,649 · 201380,649 · 201380,649 · 201380,649 · 201380,178 · 201480,178 · 201480,178 · 201480,178 · 201480,178 · 201480,178 · 201480,178 · 201480,178 · 201479,595 · 201579,595 · 201579,595 · 201579,595 · 201579,595 · 201579,595 · 201579,595 · 201579,595 · 201579,137 · 201679,137 · 201679,137 · 201679,137 · 201679,137 · 201679,137 · 201679,137 · 201679,137 · 201678,892 · 201778,892 · 201778,892 · 201778,892 · 201778,892 · 201778,892 · 201778,892 · 201778,892 · 201778,629 · 201878,629 · 201878,629 · 201878,629 · 201878,629 · 201878,629 · 201878,629 · 201878,629 · 201878,412 · 201978,412 · 201978,412 · 201978,412 · 201978,412 · 201978,412 · 201978,412 · 201978,412 · 201978,144 · 202078,144 · 202078,144 · 202078,144 · 202078,144 · 202078,144 · 202078,144 · 202078,144 · 202077,090 · 202177,090 · 202177,090 · 202177,090 · 202177,090 · 202177,090 · 202177,090 · 202177,090 · 202176,302 · 202276,302 · 202276,302 · 202276,302 · 202276,331 · 202376,331 · 202376,331 · 202376,331 · 202376,738 · 202476,738 · 202476,738 · 202476,738 · 202477,466 · 202577,466 · 202577,466 · 202577,466 · 2025

Net international migration

INE · immigration − emigration · yearly

+33.0% interanual
1,091 2021202220232024 134 · 2021134 · 2021955 · 2022955 · 2022820 · 2023820 · 20231,091 · 20241,091 · 2024

Recorded offences

Ministry of the Interior · cumulative

+96.8% interanual
6,141 202420252026 548 · 2024548 · 20241,180 · 20241,180 · 20241,801 · 20241,801 · 20242,500 · 20242,500 · 20243,121 · 20253,121 · 20253,834 · 20253,834 · 20254,579 · 20254,579 · 20255,388 · 20255,388 · 20256,141 · 20266,141 · 2026
Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

  • Possession: that it is vacant, with no squatters and no tenants on a live contract.
  • If it is let, the current rent, the type of contract and its expiry date.
  • The real state of repair and services (possible hidden renovation work) and a valid energy certificate.
  • The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
  • The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
  • Charges, mortgages, seizures or easements in the Land Registry extract.