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Rural Property to Buy in Lugo - Spain - Ref 510407

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Rural Description

Traditional rural house beside the Ulla river, situated in a beautifula landscape, fundamentally due to the large variety of trees on the riverside. The property is an old house with traditional elements of Galician architecture, which can be seen in it´s structure, made of thick stne walls and the wood of the roof, much of which can be reused in it´s renovation. It has an area of 90 sqm per floor and is situated on a plot of 400 sqm. It is completely independant from the rest of the houses of the village which is is divided by the river. Where the house is , there are only 4 houses and as this property we offer is two of the houses therefore this small hamlet would only be of 3 houses and a church (without graveyard). Well communicated, it is 5km from the nearest town centre and the link to the future motorway Lugo-Santiago (in construction). 40 km from LUgo capital, 55km from Santiago Airport. It has water, electricity and water-waste services.

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€55,000  |  £46,016  |  US$73,084
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 510407 
Town Palas De Rey 
Region Lugo 
Province Galicia 
Country Spain  
Type Rural
Build Size 180 
Category Re-Sale  
Listed over 1 year ago
Looking at property as an investment? ...   Find out more >>

Property Characteristics

  • Pool:  No
  • Views:  Mountains Forest
  • Kitchen:  No

Map of Palas de Rey, Galicia, Spain


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Price: €55,000

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Purchase this Rural in Palas de Rey for

€107p/m

(70% LTV, 3.4% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Palas de Rey, Spain

Property Type Min Price Max Price Median Price
(All prices in EUR) Palas de Rey Spain Palas de Rey Spain Palas de Rey Spain
House/Villa 90,000 300 114,000 119,500,000 114,000 420,000

* Calculations based on 2 properties for sale in Palas de Rey and 34008 properties for sale in Spain





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