[Anonymous]

Palacete House for sale, good structure and fixed roof but otherwise for total indoor restoration. Main building has three floors plus attic with an impressive façade keeping originals features, about 1000 sqm. Several buildings attached and detached, including barns, an “horreo”, a homing pigeon house and a chapel, as well as a Civil War bunker. Listed building, part of Asturian history, oozes character. Up to 50 acres of very rich green and smooth land surrounds the property , also enjoying awesome views to the four winds. Strategically situated from the beautiful capital city of Oviedo, the airport, seaports and beaches, all within half an hour’s drive. Very relaxed and elegant zone, offering a natural degree of privacy. The uses can be very versatile, from a luxury family home to a hotel, clinic, retirement home, agricultural, cattle or horses, and inspire many more.
This is a direct sale from the owner. If you’re interested, contact on bay.francisco@yahoo.es

[Anonymous]

Location, photos link, cadastral ref, conditions of listing, area constucted, area habitable, outstanding charges?

Current use classification?

State of outbuildings, area constructed, area habitable?

What’s your estimate to convert to a high (not superior) quality house given current building regs?

[Anonymous]

http://www.wiju.es/r?q=palacio&id=18907550&c=viviendas&s=40&p=17&u=http%3A%2F%2Fcandamo.olx.es%2Fvendo-palacio-en-grullos-iid-117379674&rnd=0.26672578681067316
Hi there, Mortimm. The link shows some photos made by the late owner, now belonging to his heirs. The sale now is more versatile, as we can offer it with different size options, should you want more or less land in your surrounds. Because the full property is comprised by numerous plots of land, the catastral ref is quite long too. As for listing, I’m sorry I’m not too familiar with the spanish listing system, but this is part of the historical heritage as it was the birthplace of this historical fellow, Archbishop Alonso Cañedo, who as well as being one of the fathers of the Spanish Constitution in 1812 it also was an uncle of the most famous asturian after King Pelayo, Gaspar de Jovellanos, who also stayed at the property http://www.google.es/imgres?q=alonso+ca%C3%B1edo+vigil&um=1&hl=es&biw=1366&bih=664&tbm=isch&tbnid=jyrWS80SeOLtkM:&imgrefurl=http://www.cervantesvirtual.com/portales/constitucion_1812/imagen_personajes/imagen/imagen_personajes_alonso_canyedo_vigil&imgurl=http://www.cervantesvirtual.com/images/portales/constitucion_1812/personajes/alonso_canyedo_vigil_s.jpg&w=350&h=420&ei=DW1AUOLmH4uFhQfxuYHYBg&zoom=1&iact=hc&vpx=628&vpy=131&dur=205&hovh=246&hovw=205&tx=132&ty=166&sig=112590945361489430881&page=1&tbnh=149&tbnw=128&start=0&ndsp=21&ved=1t:429,r:3,s:0,i:79 meaning the building category is something like C-listed buildings in Scotland, you ought to keep the outside aesthetics (but ney probs with en-suite jacuzzis). There’s not actual habitable space, but the construction is quite big, about 1000 sqm, of which 550 belongs to the main house and the rest to attached and detached buildings. The main property has been renovated for the structure, (roof and walls) but the inside needs full renovation at your leisure, from the very floors on, you can think of a (solid and impermeable) empty box. The actual four floors are made of beautiful original big planks of noble wood (most likely chesnut, not too sure now) which can be restored, as well as most of the also original doors and windows. The property itself has not outstanding charges. As for an estimate, i’m also too clumsy for figures, but after the “brick crash” in Spain, availability of construction materials and competition between local and non-local quality builders often results in very attractive offers. Local Principado government also should be of help. Thanks for your interest.

[Anonymous]

Many thanks for your reply.

I am currently involved with a project converting an Asturian palceta of roughly the same size into a hotel. Having had a quick peer at the photos, to bring the place up to building regs for a commercial operation would cost around 850,000 euros. This is even in todays prices and following the cheapest method of gutting everything inside and the roof. If you wanted to retain any good quality elements of the interior, then the cost would be more.

Given your asking price I wish you luck, as the purchaser will have to have very deep pockets.

[Anonymous]

1 million Euros for a derelict property in Northern Spain !!!!!!!!!!!!!!!!

[Anonymous]

@jp1 wrote:

1 million Euros for a derelict property in Northern Spain !!!!!!!!!!!!!!!!

Hi jp

I didn’t like to be so direct 🙂

There are several palacetes on the market in Asturias of a similar format …… they can’t even shift them at 180,000 Euros.

In order to address the rising damp in many of these old properties, there are sunstantial ground works required within and out side the building. As many of these types of build are built straight onto hard rock … the cost of ground works can be substantial.

I could go on but I’d sound boring.

[Anonymous]

Thanks for the valuable input 🙄 . As we say in Spain, “manzanas traigo!”.The property, Mortimm, has also a proffessional tasation made three years ago, and it came to 785.000, with the 16 hectares. Eight hectares has been added, so now the lot is 24 hectares, much of it of top agricultural quality, also some urban space with rights of construction. The house is not a derelict, it’s a very high quality stone construction, three feet wide stone walls with no damp issues whatsoever and ready for interior renovation. Certain constructors of that time could still give today’s constructors a couple of lessons when making a house for an Archbishop. The detached staff house, the chapel, the horreo, the bunker and the pigeon house are all independent values. The property can also be segregated, meaning if someone is interested only in the buildings and a smaller chunk of land, it can also change dramatically the price. It’s a unique kind of property thus it’s got its own appeal, it even brings the fair opinions of unbiased members, always ready to help.

[Anonymous]

@asturscotch wrote:

Thanks for the valuable input 🙄 . As we say in Spain, “manzanas traigo!”

Glad to have been of help old chap …. as for “manzanas traigo”; I believe all replies to this thread have been relevent to the OP.

[Anonymous]

asturscotch,

I have just recently toured the area around the Picos de Europa and I must add that the region is absolutely beautiful, the style of many houses reminding me of Swiss Chalets.

I have also toured extensively in the region of Jaen, where my wife was born and again I found the area very beautiful. When I first visited the area a few years ago I was amazed at the number of abandoned properties in and around the small villages where she grew up. Some of these properties command very impressive positions, overlooking large valleys of olive orchards which I assume once belonged, or indeed still do, to the property. Some of these properties were once 6 or 8 bedrooms homes and now they have just been left to slowly decay to rubble. It was quite sad to see to be honest.

I can confidently say that back in the UK some these properties would attract price tags of a million or more in their current state, but here in Spain they have been abandoned and effectively are now worthless as no-one want them.

Good luck with the sale, it really is a nice building with history but it has a lot of competition from similar properties.

[Anonymous]

I’ll try to answer to your references. Jaen has its own kind of beauty, but it’s downright a different league in economic matters. I’ve also have been there not long ago and I was truly shaken by the impact of economy there.
The Coalfields of Southern Wales are the UK. How’s property there after the pits closure? And how about Llandudno?
Despite the bad times for coal miners and the coal industry crisis as today’s biggest issues, the impact is punctual within Asturias as a whole, as we have other areas and other resources. We have a bigger and varied agricultural and meat market than the olive in Jaen. We have an important steel production, two international harbours with a huge international fishing fleet and liner construction utilities, a big guns factory where we make tanks for NATO, tell me if that industry knows crisis!…
Your closer reference, the impressive Picos de Europa, has a tourist value too, as Asturias is also of high touristic relevance all year round from the coast to the ski slopes, but doesn’t represent at all the property market in Asturias. In this case Picos de Europa is the background view, the clima in Candamo is a lot milder, it seldom snows in winters. There’s a healthy orange tree and a tropical big palm in the property.
Segregating the buildings and 10 hectares for example, we could sell for under 500K. Can you bring me a real matching offer for that? I’ve also spent a while in the internet comparing with other plots on offer and I only find a few in the North of Spain that could match this one, (in price, size, preservation and location) but so far none in the area. If you know of any, please show it here, the more the merrier.
I understand the 1M tag is normally reserved for burning stoves in designed lounges and people find the figure like an expletive, but we are talking of nearly a quarter of a million square meters of the best land in the peninsula, part of it urban graded and with a set of historical buildings described in all the area’s tourist guides as a “place to visit” item, (despite you cannot visit it without our consent, but otherwise we’re very hospitable). The well preserved structure occupies more than 2000 sqm. Not a “derelict in the north of Spain”. When you study this offer with peeled eyes, it beats any other. As I’ve said, it’s got its own public and this public don’t go away giving their millions for a postcard.
Let’s say, P.O.A., and everyone happy. Salud.

[Author]

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