Arriondas, Parres, Asturias, Spain, Parres, Asturias, Spain. - Hero Image
Arriondas
Parres | Asturias

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Miriam Malga
Miriam Malga
Presented At
€1,295,000
Bedrooms
10
Bathrooms
4
Living
19,376
SQM
Arriondas, Parres, Asturias, Spain, Parres, Asturias, Spain. - Photo 1
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Arriondas, Parres, Asturias, Spain, Parres, Asturias, Spain. , Parres , Asturias

Impressive 18th century stone palace with chapel and land

Impressive 18th century stone palace, original 18th century chapel, large barn with wooden corner balcony and 'horreo', all set on about 11,000m2 of land with beautiful trees. Possibility to buy up to 38,000m2 of land with permission to build. The size of all the constructions is around 1,800m2. The palace has 4 floors of about 350m2 per floor. Ground floor: large spaces used for storage/cellar with very high ceilings and a garage. First floor: 1 large kitchen, a smaller one, large living room, 2 dining rooms, sitting room, study/library, 1 small bedroom, 1 bathroom, and a room used in the past to smoke meat. From this floor, there is an access to the beautiful chapel. Second floor: living room with traditional 'galeria' (siting area with typical large wooden windows) and fireplace, 9 bedrooms, 2 bathrooms and a toilet. Attic: large open plan space with high ceilings used for storage, but with possibility to convert into further living space. The palace has heating. The other constructions are a barn of two floors with about 200m2 per floor, a chapel of 55m2 and a traditional Asturian granary (horreo). There are stunning mountain views from the palace all around, and Sella river views from one part of the land, where there is a beautiful view point (this is from the 38,000 m2 of land). The property Ideal as a luxury hotel or as a private residency. Only 1km from a market town, 15 minutes from Ribadesella and the beach and 15 minutes from Picos de Europa National Park.

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Map showing Arriondas, Parres, Asturias, Spain, Parres, Asturias, Spain.

Property Location

Arriondas, Parres, Asturias, Spain, Parres, Asturias, Spain., Parres Asturias

Local Weather & Climate

Parres, Asturias

Current Conditions Updated recently
46 °F
Overcast clouds
Feels Like 46°F
Humidity 95%
Wind 3 mph
Visibility 6.2 mi
Sunrise 6:47 AM
Sunset 6:16 PM
5-Day Forecast
Sat 7 Mar
Rain
High 48°
Low 46°
Sun 8 Mar
Clouds
High 58°
Low 45°
Mon 9 Mar
Rain
High 49°
Low 41°
Tue 10 Mar
Rain
High 50°
Low 42°
Wed 11 Mar
Clouds
High 49°
Low 43°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Parres?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Parres. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $129,500,000 20% down ($25,900,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$11,128
$11,128/day
Your home may appreciate while you sleep
$78,109/week $338,474/mo $4,061,685/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$71.3M
vs
OWN 📈 +$102.4M
$102.4M Potential Equity
vs $71.3M lost to rent over 10 years
$25.9M Down Payment Growth
4x
10yr
$102.4M
8.1x
20yr
$210.5M
12.6x
30yr
$327.1M
Wealth Comparison
×779
Equivalent to 779 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $327.1M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
13.9
years
Optimistic
5.12% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $152.5M +18%
Market $176.4M +36%
Optimistic $213.4M +65%
$102.4M est. equity
20 Years
Conservative $179.6M +39%
Market $240.2M +85%
Optimistic $351.5M +171%
$210.5M est. equity
30 Years
Conservative $211.5M +63%
Market $327.1M +153%
Optimistic $579.2M +347%
$327.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at Arriondas, Parres, Asturias, Spain, Parres, Asturias, Spain features 10 bedrooms with 19,376 square feet of living space.
This property offers 19,376 square feet of living space.
This property is listed at $129,500,000, which equals $6684 per square foot.
Based on current market indicators, Parres shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Parres, Asturias. The property is situated in an established neighborhood with convenient access to local amenities and services.
Miriam Malga

Miriam Malga

Asturian Property

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Asturian Property

Asturian Property

Asturian Property

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