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Frómista, Palencia 34440 29,622 SF Retail Building $1,881,962 ($63.53/SF)

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Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
10,000 - 60,000 SF
Year Built
1970 - 1979
Price
$1,881,962
Price Per SF
$63.53

About FRÓMISTA, PAL 34440

Located on the French Way of the Camino de Santiago in Frómista (Palencia), a large-scale real estate complex is available, featuring over 10,160 m² of urban land and 2,752 m² of built space. Currently used for hospitality and industrial purposes, it offers high potential for conversion to: Boutique hotel / rural resort, Tourist complex with independent bungalows (44 to 66 units), Senior living residence, Mixed model: accommodation + dining + events. Key points of the asset: Urban plot of 10,160 m². Total built area: 2,752 m². Buildings fully renovated in 2010, in good condition. Parcel area with independent access, ideal for new construction of bungalows or residential modules, without interfering with existing activities. Extensive landscaped areas, patios, and established outdoor spaces. Parking, vehicle access, industrial and hospitality facilities. Development project: The asset allows for the reuse of existing buildings (restaurant, professional kitchen, lounges, wine cellar, common areas) as: core services, dining, social areas, wellness, or care services. And to develop in parallel: between 44 and 66 independent bungalows, depending on type and regulations, scalable model by phases. Strategic location: At the crossroads of tourist flows of the Camino de Santiago. High visibility and accessibility. Area with structural demand for accommodation and services for seniors. Peaceful, natural environment with historical identity. A unique investment opportunity with high profitability and growth projection, designed for those looking to diversify their portfolio in a unique setting. If you wish to obtain more details about this opportunity or arrange a visit to the property, do not hesitate to contact us. Discover the full potential of this unique investment and seize an unparalleled opportunity in Frómista. Contact us now for more information or to schedule a visit. *Expenses not included: taxes, notary, property registration, etc. These expenses are approximately €80,000. This percentage may vary depending on circumstances.

  • Listing ID: 38739031

  • Date on Market: 12/11/2025

  • Last Updated:

  • Address: Frómista, Palencia 34440

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