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Investment Highlights

  • Historic building in a consolidated urban area.
  • Increase of 2,000 m2 in buildable area.
  • Listed building with three floors.
  • Residential use according to current planning regulations.
  • Courtyard with the option for parking over 20 spaces.
  • Historic surroundings next to hotels and a commercial area.

Executive Summary

Ref.: 3373-04477
Residential building located in Baeza, province of Jaén, within the historic center of the city. The property corresponds to the former Palace of San Miguel de la Vega and is situated in the San Francisco neighborhood, in the area outside the city walls.
The building is classified and consists of a ground floor, first floor, and an attic floor. It is a 17th-century manor house that replicates, in volume and façade details, models from the 16th century. The primary use of the plot is residential. The property includes annexed structures built after 1939 in the rear courtyard, originally intended as an oil factory or winery and garages. There has been a modification to urban planning regulations, transitioning from the 2012 PGOU to the 1997 plan, resulting in an increase of 2,000 m² in buildable area. The interior courtyard allows for the potential construction of a parking lot with capacity for more than 20 spaces. A technical report is available detailing various types of uses and licenses.
The immediate surroundings correspond to the historic center of Baeza, a city declared a UNESCO World Heritage Site in 2003. The property is set among stately homes and stone façades, next to the TRH Ciudad de Baeza Hotel, located in a former 16th-century Carmelite convent. On the nearby pedestrian street, San Pablo, there is a concentration of commercial establishments, terraces, bars, and cafés, as well as the San Pablo Church and the Palacio de los Salcedo Hotel. Nearby are the Town Hall and the house where Antonio Machado lived during his time in the city.

Property Facts

Price $764,989
Price Per Unit $764,989
Sale Type Investment
No. Units 1
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 10,000 - 60,000 SF
Year Built/Renovated 1900 - 1909/1970 - 1979

Amenities

Unit Amenities

  • Heating
  • Instant Hot Water

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - 4,219
  • Listing ID: 40189017

  • Date on Market: 4/17/2026

  • Last Updated:

  • Address: Baeza, Jaén 23440

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