Imofolio

Palencia province · report

Empty homes in Palencia province

15.3% of the 116,431 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.3%
Empty homes
17,799

Against the wider area

Share of homes standing empty in the 2021 census.

AreaEmpty
Palencia province15.3%
Castilla y León19.4%
Spain14.4%

The 2021 census counted a dwelling as vacant when it used almost no electricity through the year and nobody was registered in it, from administrative records rather than a visit. Second homes are counted apart and are not included. Municipalities under 1,000 inhabitants are published only as their province's total.

Other reports for Palencia province

At the average appraised value, a 90 m² home costs €101,484. With 10% down and a 30-year mortgage, the payment is €387 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
11%
Payment, one income
22%

22.8% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
369
Per 1,000 residents
2.3

Buyers living abroad bought 0.8% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
0.8%

Appraised values have fallen by 3% or more once since 2012. That fall began in Q4 2012.

Deepest fall
−20.6%
Recovery from the low
54 months

In 2024 the population grew by 638 while 316 homes were finished: 2.0 new residents for every new home.

New residents per new home, 2024
2.0
Population change, 2024
+638

Public bodies signed €3.2M of housing works here in 2025, and €11.6M since 2017.

Signed in 2025
€3.2M
Per resident, 2025
€20