Casco Histórico · Zaragoza · Zaragoza

Investor building in Zaragoza old town, 16 rooms

€410,000

Five/six-storey 1936 building near Avenida César Augusto in Zaragoza's historic centre, 600 m² built on a 100 m² plot, currently run as a guesthouse with 16 rooms plus a bar on the ground floor. In perfect condition, free of charges and occupants, sold on retirement with flexible rental-exploitation options.

On Inmoblia since 7 September 2026 · Published by Visión Inmuebles E Inversión

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
Built area (source, uncertain)
600 m²
Plot
100 m²
Bedrooms
16
Bathrooms
6
Terrace
22 m²
Year built
1936
Condition
Good condition
Aspect
Exterior
Fittings

Fittings and extras

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

  • Heating
  • Air conditioning
  • Exterior-facing
  • Terrace 22 m²
  • Balcony
  • Storage room

The advert also mentions:

  • Equipped kitchen
  • Built-in wardrobes
  • Individual heating
  • Independent access to the house separate from the bar
  • Currently operating as a guesthouse with a bar on the ground floor
  • Licensed hospitality use on the ground floor
  • Estimated annual return around 10%
  • Floor plans available

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.

Rent price index

INE · 2011 base = 100 · yearly

+3.2% interanual
119.8 20112014201820212024 108.1 · 2011108.1 · 2011105.9 · 2012105.9 · 2012102.1 · 2013102.1 · 2013100.5 · 2014100.5 · 2014100 · 2015100 · 2015101 · 2016101 · 2016102.1 · 2017102.1 · 2017104.2 · 2018104.2 · 2018107.5 · 2019107.5 · 2019108.4 · 2020108.4 · 2020110.6 · 2021110.6 · 2021113.4 · 2022113.4 · 2022116.1 · 2023116.1 · 2023119.8 · 2024119.8 · 2024

Housing transactions

MIVAU · deals per year

+6.7% interanual
9,127 20112015201820222025 3,707 · 20113,707 · 20115,381 · 20125,381 · 20123,408 · 20133,408 · 20134,947 · 20144,947 · 20145,617 · 20155,617 · 20155,972 · 20165,972 · 20167,309 · 20177,309 · 20177,935 · 20187,935 · 20187,701 · 20197,701 · 20196,360 · 20206,360 · 20208,027 · 20218,027 · 20218,901 · 20228,901 · 20227,786 · 20237,786 · 20238,554 · 20248,554 · 20249,127 · 20259,127 · 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 Zaragoza

Municipal demand

The structural depth of demand in the area.

+0.8%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)

Registered unemployment

SEPE · yearly average

−0.8% interanual
28,502 20192021202320242026 37,480 · 201937,480 · 201943,943 · 202043,943 · 202042,194 · 202142,194 · 202134,172 · 202234,172 · 202231,475 · 202331,475 · 202329,962 · 202429,962 · 202428,723 · 202528,723 · 202528,502 · 202628,502 · 2026

Average gross income

AEAT · annual tax return

+2.4% interanual
€32,289 20132016201820212023 €26,390 · 2013€26,390 · 2013€26,487 · 2014€26,487 · 2014€27,158 · 2015€27,158 · 2015€27,294 · 2016€27,294 · 2016€27,968 · 2017€27,968 · 2017€28,888 · 2018€28,888 · 2018€29,475 · 2019€29,475 · 2019€29,230 · 2020€29,230 · 2020€30,002 · 2021€30,002 · 2021€31,519 · 2022€31,519 · 2022€32,289 · 2023€32,289 · 2023

Registered population

INE · yearly population register

0.0% interanual
693,091 20112014201720202025 674,725 · 2011674,725 · 2011674,725 · 2011674,725 · 2011674,725 · 2011674,725 · 2011674,725 · 2011674,725 · 2011679,624 · 2012679,624 · 2012679,624 · 2012679,624 · 2012679,624 · 2012679,624 · 2012679,624 · 2012679,624 · 2012682,004 · 2013682,004 · 2013682,004 · 2013682,004 · 2013682,004 · 2013682,004 · 2013682,004 · 2013682,004 · 2013666,058 · 2014666,058 · 2014666,058 · 2014666,058 · 2014666,058 · 2014666,058 · 2014666,058 · 2014666,058 · 2014664,953 · 2015664,953 · 2015664,953 · 2015664,953 · 2015664,953 · 2015664,953 · 2015664,953 · 2015664,953 · 2015661,108 · 2016661,108 · 2016661,108 · 2016661,108 · 2016661,108 · 2016661,108 · 2016661,108 · 2016661,108 · 2016664,938 · 2017664,938 · 2017664,938 · 2017664,938 · 2017664,938 · 2017664,938 · 2017664,938 · 2017664,938 · 2017666,880 · 2018666,880 · 2018666,880 · 2018666,880 · 2018666,880 · 2018666,880 · 2018666,880 · 2018666,880 · 2018674,997 · 2019674,997 · 2019674,997 · 2019674,997 · 2019674,997 · 2019674,997 · 2019674,997 · 2019674,997 · 2019681,877 · 2020681,877 · 2020681,877 · 2020681,877 · 2020681,877 · 2020681,877 · 2020681,877 · 2020681,877 · 2020675,301 · 2021675,301 · 2021675,301 · 2021675,301 · 2021675,301 · 2021675,301 · 2021675,301 · 2021675,301 · 2021673,010 · 2022673,010 · 2022673,010 · 2022673,010 · 2022682,513 · 2023682,513 · 2023682,513 · 2023682,513 · 2023686,986 · 2024686,986 · 2024686,986 · 2024686,986 · 2024693,091 · 2025693,091 · 2025693,091 · 2025693,091 · 2025

Net international migration

INE · immigration − emigration · yearly

+13.3% interanual
9,119 2021202220232024 -2,173 · 2021-2,173 · 202111,371 · 202211,371 · 20228,049 · 20238,049 · 20239,119 · 20249,119 · 2024

Recorded offences

Ministry of the Interior · cumulative

+85.8% interanual
66,211 202420252026 7,073 · 20247,073 · 202414,095 · 202414,095 · 202420,733 · 202420,733 · 202428,515 · 202428,515 · 202435,628 · 202535,628 · 202543,016 · 202543,016 · 202550,551 · 202550,551 · 202558,346 · 202558,346 · 202566,211 · 202666,211 · 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:

  • 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.