[lbrito]

Sure, you can find something with various budgets. As other said, that house is far away from the city centre (the reddit OP says so in the thread). You'll also probably need to spend a lot on upkeep and retrofits with buildings this old.

Something in the city centre is more like 4800 euro/sqmt (https://www.idealista.com/sala-de-prensa/informes-precio-viv...).

Just browse idealista in the city you want and you'll see its not such a bargain as people might think. Mid-sized cities I've checked (Vigo, Valencia, Granada) all have similar prices, around 400k for a 2-3 bed older apartment, or twice as much for a newer one.

[asdff]

Who cares if it is outside the city center? Looks like it is plenty urban. Even better, more real businesses priced towards locals paying 120k for an entire building, and no seasonal tourist businesses taking up space in the market priced for whoever can afford a four figure vacation to Valencia. Besides, OP said it was 20 mins by car to the city center. That seems perfectly reasonable in the american frame of reference towards distances to points of interest. The place looks turnkey too. Unfinished attic is pretty typical even in the US.

[lbrito]

If it looks like a good deal to you, by all means, hasta luego. I was just saying that specific Reddit post is not really a good average case for housing. Check idealista and see the average homes there first.