Edificio Vilalba — Terra Chá, Galicia
Edificio Vilalba sits in the centre of Vilalba, in the Terra Chá district of Lugo — a market town on the A-8 motorway and directly on the Camino del Norte, the northern pilgrim route to Santiago. The building combines a 12-room pensión, run as a hostel, with ten self-contained apartments above (nineteen bedrooms in total) and a ground-floor commercial unit already let to a long-standing local business.
It is a working, income-producing building today — not a ground-up development. Acquired all-equity, with no bank debt, so investors keep 100% of the income and any gain on exit.
The building is held for a planned sale after five years, with income paid to investors annually throughout.
One building, three income streams
- Ground-floor commercial unit — long-let, fully occupied
- Ten co-living apartments · 19 bedrooms · workforce demand
- 12-room hostel — pilgrims, tourists and contractors
- No bank debt — 100% of income and gain to investors
- Asset-backed downside protection: if the hotel or commercial unit ceases trading, investor shares convert to equal ownership positions in the property itself
Location & demand
Vilalba is a stop directly on the Camino del Norte — network-wide traffic reached a record 530,987 pilgrims in 2025 and is still rising into the 2027 Holy Year. Around the town, Lactalis (Lugo's highest-turnover company) anchors employment, the Santuario wind farm is under construction, and the As Pontes energy transition is projected to bring up to 7,500 construction jobs within a 40 km radius.
Investment figures
Full financial detail — projected income, the five-year model, the sources and uses of funds and our exit assumptions — is available to qualifying investors on request.