Mula · Murcia

Rural hotel in historic mill, 15 rooms

€1,100,000

Historic rural hotel in a restored sixteenth-century grain mill near Mula, with 1,150 m² usable area on a 10,250 m² plot. Includes apartments, pool, garage, lemon farm and producing Arbequina olive groves.

On Inmoblia since 4 September 2026 · Published by Lordhouse

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
Building
Usable area
1,150 m²
Plot
10,250 m²
Floors in the property
2
Energy certificate
C
Fittings

Fittings and extras

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

  • Lift
  • Pool
  • Parking

The advert also mentions:

  • Restored sixteenth-century grain mill
  • Rural hotel use
  • Three apartments with kitchens, living rooms and bathrooms
  • Seven bedrooms with private bathrooms and views
  • Large living room
  • Barbecue lounge
  • Lemon farm
  • Producing Arbequina olive grove
  • Two thousand square metres of total area
  • Green areas

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

  • Energy efficiency CA good rating: lower bills and stronger rental demand.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+4.3% interanual
119.9 20112014201820212024 110.8 · 2011110.8 · 2011108.1 · 2012108.1 · 2012106.3 · 2013106.3 · 2013101 · 2014101 · 2014100 · 2015100 · 2015103 · 2016103 · 2016106.4 · 2017106.4 · 2017106.4 · 2018106.4 · 2018108.3 · 2019108.3 · 2019108.8 · 2020108.8 · 2020110.1 · 2021110.1 · 2021113.5 · 2022113.5 · 2022114.9 · 2023114.9 · 2023119.9 · 2024119.9 · 2024

Housing transactions

MIVAU · deals per year

+16.7% interanual
259 20112015201820222025 74 · 201174 · 2011112 · 2012112 · 201262 · 201362 · 201391 · 201491 · 2014109 · 2015109 · 2015135 · 2016135 · 2016124 · 2017124 · 2017170 · 2018170 · 2018155 · 2019155 · 2019156 · 2020156 · 2020203 · 2021203 · 2021230 · 2022230 · 2022188 · 2023188 · 2023222 · 2024222 · 2024259 · 2025259 · 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 Mula

Municipal demand

The structural depth of demand in the area.

+0.6%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
12%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+23.6‰Net migration
median 11.8‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−0.9% interanual
649 20192021202320242026 1,108 · 20191,108 · 20191,149 · 20201,149 · 20201,049 · 20211,049 · 2021917 · 2022917 · 2022838 · 2023838 · 2023721 · 2024721 · 2024655 · 2025655 · 2025649 · 2026649 · 2026

Average gross income

AEAT · annual tax return

+5.5% interanual
€20,922 20132016201820212023 €16,652 · 2013€16,652 · 2013€15,924 · 2014€15,924 · 2014€16,606 · 2015€16,606 · 2015€16,660 · 2016€16,660 · 2016€17,296 · 2017€17,296 · 2017€17,842 · 2018€17,842 · 2018€19,870 · 2019€19,870 · 2019€19,385 · 2020€19,385 · 2020€19,468 · 2021€19,468 · 2021€19,838 · 2022€19,838 · 2022€20,922 · 2023€20,922 · 2023

Registered population

INE · yearly population register

0.0% interanual
17,937 20112014201820222025 17,067 · 201117,067 · 201117,067 · 201117,067 · 201116,968 · 201216,968 · 201216,968 · 201216,968 · 201217,057 · 201317,057 · 201317,057 · 201317,057 · 201317,008 · 201417,008 · 201417,008 · 201417,008 · 201416,805 · 201516,805 · 201516,805 · 201516,805 · 201516,689 · 201616,689 · 201616,689 · 201616,689 · 201616,713 · 201716,713 · 201716,713 · 201716,713 · 201716,790 · 201816,790 · 201816,790 · 201816,790 · 201816,883 · 201916,883 · 201916,883 · 201916,883 · 201917,021 · 202017,021 · 202017,021 · 202017,021 · 202017,074 · 202117,074 · 202117,074 · 202117,074 · 202117,231 · 202217,231 · 202217,231 · 202217,231 · 202217,382 · 202317,382 · 202317,382 · 202317,382 · 202317,585 · 202417,585 · 202417,585 · 202417,585 · 202417,937 · 202517,937 · 202517,937 · 202517,937 · 2025

Net international migration

INE · immigration − emigration · yearly

+83.5% interanual
424 2021202220232024 138 · 2021138 · 2021328 · 2022328 · 2022231 · 2023231 · 2023424 · 2024424 · 2024

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.