Historic building with operating restaurant

€1,300,000

Complete three-floor building in central Manzanares el Real, with a functioning restaurant, licensed tourist apartment and flexible upper-floor use. It offers 370 m² covered area, a 134 m² plot and distinctive traditional stone architecture.

Reference EDI_773 · On Inmoblia since 24 August 2026 · Published by Allegro 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: Building
Built area (source, uncertain): 370 m²
Usable area: 330 m²
Plot: 134 m²
Floors in the property: 3
Year built: 1975
Condition: Good condition
Aspect: Exterior
Energy certificate: In progress
Access: Street level

Fittings

Fittings and extras

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

Exterior-facing
Terrace

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

+6.3% interanual

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 Manzanares el Real

Municipal demand

The structural depth of demand in the area.

20%Unemployment rate (approx.)

median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)

+6.2‰Net migration

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

Registered unemployment

SEPE · yearly average

+1.3% interanual

Average gross income

AEAT · annual tax return

+4.1% interanual

Registered population

INE · yearly population register

0.0% interanual

Net international migration

INE · immigration − emigration · yearly

−31.8% interanual

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.