Centro · Palencia · Palencia

Commercial unit on Plaza Mayor, Palencia, 340 m²

Representative retail unit on Palencia's main square with high footfall, 160 m² usable ground floor plus a 180 m² basement for storage or showroom use. Fitted with air conditioning, heating, electric shutters and automatic door; two bathrooms.

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
Retail unit
Built area
340 m²
Usable area
340 m²
Bathrooms
2
Orientation
West
Access
Street level
Fittings

Fittings and extras

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

  • Heating
  • Air conditioning
  • Storage room
  • Street level +15

The advert also mentions:

  • Electric shutters
  • Automatic entrance door
  • Halogen lighting
  • Video surveillance
  • Two dressing rooms
  • 180 m2 basement as additional commercial or storage space

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

How these values score

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

These series describe the municipality's housing market; for this asset they are context for the area, not for its own segment.

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)
9%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+14.1‰Net migration
median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

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

Recorded offences (municipalities over 20,000 residents only, from 2024) are territorial context: they do not label an area “safe” or “unsafe”, nor do they measure tenant risk.

Comparables

Similar properties nearby

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

They let for…

Comparable rentals in Palencia, including those already let.

They sell for…

Comparable sales in Palencia, including those already sold.

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:

  • The activity licence granted and the uses planning permits for your intended activity.
  • Smoke outlet and ventilation if it is destined for hospitality, and the contracted electrical capacity.
  • Whether it is a sale, a leasehold transfer or a rental, the current tenancy position and the cost of fitting-out works.
  • 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.