Pol. Ind. Belako · Mungia · Bizkaia · 48100

Industrial pavilion in Belako, 1,596 m²

€2,500,000 1,566 €/m²

Industrial property in Mungia’s Belako industrial estate with 1,596 m² built area on a 1,936 m² plot. It is in good condition and includes office space, two 10-tonne cranes and a loading area.

Reference 698 · On Inmoblia since 7 September 2026 · Published by Pabellones Y Naves Vizcaya S.l.

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Type
Industrial unit
Built area
1,596 m²
Plot
1,936 m²
Condition
Good condition
Access
Street level
Fittings

Fittings and extras

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

The advert also mentions:

  • Office space
  • Two 10-tonne cranes
  • Loading and unloading area

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

+14.2% interanual
169 20112015201820222025 175 · 2011175 · 2011143 · 2012143 · 2012103 · 2013103 · 2013113 · 2014113 · 2014122 · 2015122 · 2015225 · 2016225 · 2016204 · 2017204 · 2017166 · 2018166 · 2018168 · 2019168 · 2019154 · 2020154 · 2020199 · 2021199 · 2021182 · 2022182 · 2022156 · 2023156 · 2023148 · 2024148 · 2024169 · 2025169 · 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 Mungia

Municipal demand

The structural depth of demand in the area.

+9.3‰Net migration
median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−5.2% interanual
722 20192021202320242026 807 · 2019807 · 2019974 · 2020974 · 2020854 · 2021854 · 2021765 · 2022765 · 2022748 · 2023748 · 2023777 · 2024777 · 2024762 · 2025762 · 2025722 · 2026722 · 2026

Registered population

INE · yearly population register

0.0% interanual
18,129 20112014201820222025 16,737 · 201116,737 · 201116,737 · 201116,737 · 201116,912 · 201216,912 · 201216,912 · 201216,912 · 201217,022 · 201317,022 · 201317,022 · 201317,022 · 201317,055 · 201417,055 · 201417,055 · 201417,055 · 201417,131 · 201517,131 · 201517,131 · 201517,131 · 201517,298 · 201617,298 · 201617,298 · 201617,298 · 201617,384 · 201717,384 · 201717,384 · 201717,384 · 201717,554 · 201817,554 · 201817,554 · 201817,554 · 201817,691 · 201917,691 · 201917,691 · 201917,691 · 201917,665 · 202017,665 · 202017,665 · 202017,665 · 202017,701 · 202117,701 · 202117,701 · 202117,701 · 202117,662 · 202217,662 · 202217,662 · 202217,662 · 202217,882 · 202317,882 · 202317,882 · 202317,882 · 202317,997 · 202417,997 · 202417,997 · 202417,997 · 202418,129 · 202518,129 · 202518,129 · 202518,129 · 2025

Net international migration

INE · immigration − emigration · yearly

+37.7% interanual
168 2021202220232024 74 · 202174 · 2021201 · 2022201 · 2022122 · 2023122 · 2023168 · 2024168 · 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.

They let for…

Comparable rentals in Mungia, including those already let.

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.