An empty village is on sale in Spain for a bargain price. The property was first listed at €200,000 (around £173,860) in 2021 but according to Idealista.com, the price has now been reduced to €150,000 (around £130,395).

The village, Candelago, is perched on the Costa da Morte and it’s home to stunning sea views. The price drop has sparked new interest from buyers. It’s not a surprise to see so many people interested in the village which comes with wild landscapes and beautiful walking routes.

Candelago is home to around ten traditional stone houses, hórreos (Galician granaries used to store and preserve food), and overgrown paths. The village has faced years of abandonment after it experienced a population decline since the 1970s.

The village is not in the middle of nowhere – just a few miles away is the village of Corme, a fishing hub that is home to the historic Rocundo Lighthouse and the Museum of Contemporary Art Costa da Morte.

Today, it has big potential for a buyer. The village is located in a prime location for enjoying its natural surroundings and it’s also close to the seaside.

For buyers, it’s an ideal place to renovate and redesign into a private retreat or tourist venture.

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But it’s not the only Spanish village that’s been in this position in recent years.

Across Spain, there have been multiple small areas which offer buyers a unique opportunity to invest in a whole village for redevelopment.

Often, these villages gain the attention of international buyers who are keen to get their hands on the historic land.

The villages have appealed to young people and to investors seeking sustainable, experiential tourism opportunities.