That’s exactly what’s on offer in Viana do Bolo, in Spain’s north-western region of Galicia, where a small village has been put up for sale for €850,000 – less than the price of many luxury homes. The property was originally listed for €1.5 million before its price was reduced.

The property is being marketed by Asturian Property, a real estate agency specialising in rural properties in northern Spain, which has listed the village for €850,000 after a previous asking price of €1.5 million.

Spread across around 40,000 square metres, the estate includes 12 buildings, among them 11 houses, a chapel, a former village shop, storage buildings and several communal areas. In total, the village offers around 45 bedrooms and 21 bathrooms, making it one of the most unusual properties currently on the market in Spain.

The village was built to accommodate workers involved in the construction of nearby hydroelectric dams. While only a handful of the houses are ready to move into today, the remaining buildings offer plenty of scope for renovation and redevelopment.

The estate also features gardens, a sports court and children’s play areas, with paved road access and woodland walks nearby. Its peaceful setting, combined with its size, has led estate agents to market it as a potential tourism project, retreat, boutique hotel or private estate.

Although owning an entire village sounds extraordinary, properties like this occasionally come onto the market in Spain. Many are found in rural areas where the population has steadily declined over the past several decades as younger generations moved to cities for work and education. As a result, once-thriving communities have been left largely empty.

In recent years, some abandoned villages have found a new lease of life after being transformed into rural hotels, holiday accommodation, wellness retreats or event venues. Others have remained private residences, giving owners the chance to preserve a small piece of Spain’s history while creating something entirely new.

Of course, the €850,000 asking price is only the beginning. Restoring multiple buildings and maintaining an entire village would require a significant investment. Still, for anyone looking for a truly one-of-a-kind property, opportunities like this do not come along very often. The listing suggests the property could be transformed into a boutique hotel, wellness retreat, tourism development or private estate.