Checking the original advert…
Gordexola · Bizkaia
Rural former mill with rehabilitation potential
Former Ibarra Mill in Gordexola with approximately 150 m² built area on an almost 1,800 m² plot. Ruinous condition requiring rehabilitation in a rural setting near Bilbao.
Reference 09495 · On Inmoblia since 31 August 2026 · Published by Ordunte Inmobiliaria
Specifications
What the advert says about the property: floor area, layout, condition and registry details.
We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.
- Type
- House
- Built area (source, uncertain)
- 150 m²
- Plot
- 1,800 m²
- Condition
- Needs renovation
Fittings and extras
What the property comes with and how much each item weighs in the “Property data” sub-score.
The advert also mentions:
- Historic former mill
- Rural setting
- Approximately 20 km from Bilbao
Free text we could not normalise into a comparable attribute, so it does not score.
Municipal momentum
Where the local market is heading.
Housing transactions
MIVAU · deals per year
Municipal demand
The structural depth of demand in the area.
Registered unemployment
SEPE · yearly average
Registered population
INE · yearly population register
Net international migration
INE · immigration − emigration · yearly
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.