Casco Viejo · Markina-Xemein · Bizkaia

Renovated historic palace with 975 m²

€875,000 897 €/m²

Baroque 18th-century palace in Markina’s old town, completely renovated with five floors, elevator, garage and terrace. Open-plan interiors are prepared for offices and offer potential for residential or boutique hotel use.

Reference 09815 · On Inmoblia since 31 August 2026 · Published by Ordunte Inmobiliaria

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
Property
Built area
975 m²
Bedrooms
10
Bathrooms
4
Floors in the property
5
Condition
Good condition
Orientation
East
Fittings

Fittings and extras

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

  • Lift
  • Terrace
  • Parking

The advert also mentions:

  • 18th-century Baroque architecture
  • Monumental old-town complex
  • Stone facade with Baroque coat of arms
  • Wrought-iron balconies
  • Open-plan interiors prepared for offices
  • Automatic garage gate
  • Historic wood ceilings and stone columns
  • New tilt-and-turn wood windows
  • Covered wood-and-glass terrace
  • Multiple skylights in attic
  • Views over the tower, rooftops and green hills
  • Potential for residential or boutique hotel conversion

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

Housing transactions

MIVAU · deals per year

−15.9% interanual
37 20112015201820222025 37 · 201137 · 201123 · 201223 · 201230 · 201330 · 201334 · 201434 · 201434 · 201534 · 201551 · 201651 · 201628 · 201728 · 201747 · 201847 · 201826 · 201926 · 201938 · 202038 · 202069 · 202169 · 202143 · 202243 · 202237 · 202337 · 202344 · 202444 · 202437 · 202537 · 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 Markina-Xemein

Municipal demand

The structural depth of demand in the area.

Registered unemployment

SEPE · yearly average

−4.1% interanual
163 20192021202320242026 166 · 2019166 · 2019214 · 2020214 · 2020182 · 2021182 · 2021163 · 2022163 · 2022164 · 2023164 · 2023174 · 2024174 · 2024170 · 2025170 · 2025163 · 2026163 · 2026

Registered population

INE · yearly population register

0.0% interanual
5,089 20112014201820222025 4,967 · 20114,967 · 20114,967 · 20114,967 · 20114,969 · 20124,969 · 20124,969 · 20124,969 · 20124,982 · 20134,982 · 20134,982 · 20134,982 · 20134,982 · 20144,982 · 20144,982 · 20144,982 · 20144,969 · 20154,969 · 20154,969 · 20154,969 · 20154,970 · 20164,970 · 20164,970 · 20164,970 · 20164,999 · 20174,999 · 20174,999 · 20174,999 · 20174,934 · 20184,934 · 20184,934 · 20184,934 · 20185,006 · 20195,006 · 20195,006 · 20195,006 · 20195,068 · 20205,068 · 20205,068 · 20205,068 · 20205,072 · 20215,072 · 20215,072 · 20215,072 · 20215,042 · 20225,042 · 20225,042 · 20225,042 · 20225,037 · 20235,037 · 20235,037 · 20235,037 · 20235,078 · 20245,078 · 20245,078 · 20245,078 · 20245,089 · 20255,089 · 20255,089 · 20255,089 · 2025

Net international migration

INE · immigration − emigration · yearly

−24.3% interanual
56 2021202220232024 12 · 202112 · 202120 · 202220 · 202274 · 202374 · 202356 · 202456 · 2024
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:

  • 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.