AtalayaAtalaya

Retail in Palencia

Calle Burgos

Palencia • Ref: #44BCF435

€180,000
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Size

198 m²

Price / m²

€911

OccupancyVacant
69
Calle Burgos — Palencia
Photo: Solvia
1 / 20

AI visual analysis

Automated analysis · physical condition

20 of 20 photos analyzed

Physical condition

Needs work

Photo quality

Good

Model observations

  • •Fachada: edificio de ladrillo visto con carpintería exterior y balcones en buen estado general.
  • •Salon: espacio diáfano acondicionado como oficina con falso techo registrable que presenta placas desmontadas y cables a la vista.
  • •Pasillo: escalera y distribuidor con barandillas metálicas y suelos continuos en buen estado general aunque con moqueta desgastada.

Description

Local comercial situado en la entreplanta de edificio residencial del municipio y provincia de Palencia. Cuenta con una superficie de 197,53 m², salas diáfanas con zonas para el almacenaje, ideal como oficinas para el desarrollo de cualquier negocio. Se sitúa en una zona muy céntrica, próximo a la plaza de Abastos y a la calle Mayor, principal zona comercial de la Ciudad. Gran visibilidad desde el exterior, actualmente acondicionado como oficina comercial Tiene infraestructuras terminadas y completas: alumbrado, alcantarillado, abastecimiento de agua, y vías públicas pavimentadas. Además, dispone de equipamientos suficientes: comercial, deportivo, escolar, asistencial, religioso, lúdico y zonas verdes. Las comunicaciones del entorno con el resto de la población son suficientes para las necesidades de la zona. Las comunicaciones interurbanas pueden considerarse buenas.

Characteristics

Elevator

No

Pool

No

Air conditioning

No

Heating

No

Garden

No

Energy rating

C

How to buy this asset from the bank

expand_more
  1. 1Contact the servicer from the official listing (or from Atalaya) and ask for availability and a viewing.
  2. 2Visit the property and verify real condition, possession and access. Ask for the habitability certificate and the energy certificate.
  3. 3Request a nota simple from the Land Registry (~€10) and the community-debt certificate.
  4. 4Submit your offer in writing. Servicers take it to committee: expect days to weeks. Offering below asking is standard practice.
  5. 5Once accepted: deposit contract (require 'free of occupants and belongings'), financing and deed before a notary.

handshakeThis asset has been listed for 958 days. In bank stock, high age usually means real negotiation margin: offers 10-20% below asking get considered.

Minimum due diligence before offering

  • check_box_outline_blankRegistry nota simple: ownership, charges, liens (registradores.org, ~€10).
  • check_box_outline_blankCommunity-debt certificate and approved special levies.
  • check_box_outline_blankIBI and waste tax: outstanding bills at the town hall.
  • check_box_outline_blankOn-site possession check: is it really vacant? Are water/power supplies active?
  • check_box_outline_blankHabitability certificate and licences (essential for mortgage and utilities).

Debts that transfer with the property

Community debt for the current year plus the previous 3 follows the property (art. 9.1.e LPH), as do unexpired IBI and approved levies. Always request the certificates before signing: it's the classic €3,000-10,000 surprise in bank purchases.

Financing

Many servicers finance their own stock at aggressive terms (high LTV) through the parent bank — ask on first contact. Note: a property without a functional kitchen or bathroom may not be mortgageable as-is, and the appraisal can come in below price on heavily distressed assets.

General informative content, not legal or investment advice. Verify every point with your advisor before committing.

Alpha Rating

BUY

69/100

Confidence: High

Score breakdown

Zone delta
Not assessable
—
Possession
20/20
Retail location
Not assessable
—
Legal liens
10/15
Zone liquidity
11/15

Local comercial planta unknown, multi-planta de 197.53m² en Palencia a 911€/m² (mediana zona 1335€/m², delta %). libre. Zona muy_baja, más de 2 años sin vender.

warning

Referencia basada en inventario bancario

Para esta zona no tenemos índice real (Idealista ni MITMA). La mediana usa 12 listings bancarios del mismo city — informa de cómo está precificado el activo dentro del catálogo bancario, no de descuento real vs mercado libre.

Strengths

  • +El banco confirma posesión legal: vivienda libre para entregar

Risks

  • −948 días en mercado sin venderse

Case file

Operation pipeline

You are not pursuing this asset yet

Start a case when you want to turn an opportunity into a real operation: contact, visit, documents, due diligence and offer.

location_on

Location

Palencia, Palencia

Price analysis

Two anchors: real free-market (Idealista / MITMA) and the median of other bank-owned assets in the same area. The first tells you whether REO is worth entering at all; the second, which REO listing is the best deal.

vs free market

No reference available for this area and asset type.

vs other bank assets

-6.5%In line
Scope
City
Zone median
€974 /m²
This asset
€911 /m²
Samples
15
Source
Atalaya (bank inventory)

Estimated acquisition costs

Asset price€180,000
Transfer tax (ITP) 8% — Castilla y León€14,400
Notary (est.)€600
Land Registry (est.)€400
Admin agency (est.)€630
Estimated total investment€196,030
Estimated refurbishment (state: mejorable)€79,000 – €138,500

Indicative estimate for a resale purchase at the general ITP rate. Auctions, new builds or reduced rates are taxed differently. The refurbishment figure is an indicative band based on the AI-detected condition. Verify with your advisor.

Listing intel

SourceSolvia
On the market sinceFeb 2024 (958 days)
On Atalaya since9 May 2026
Last updated9 Oct 2026

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Aggregated data from public sources and servicer Solvia. Atalaya is an informational analytics platform; we are not a real estate agent and do not intermediate in transactions. To act on an offer, contact the original source directly. View original listing