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1168 House with Nine Letting Units, Albayzin

Granada, Granada, Granada City
€ 1.600.000

Description

Beautifully renovated four-storey house arranged around typical Andaluz patio with a modern lift giving access to the upper floors.

The house has all necessary licences and consists of nine separate letting units: 2 two-bedroomed, 3 one bedroomed and 4 studios, all equipped with bathrooms and kitchens.

The renovation of the building has been carried out to a very high standard with original elements retained wherever possible. All of the fittings have been designed and made especially for the property and traditional Mudejar techniques can be seen in the decoration of the wooden ceilings.

The property backs on to the 11th Century Ziri walls that surrounded the old Albayzin. Access to the walls has been retained via glass panels and doors.

Each letting unit has air-conditioning and all rooms have central heating.

On the ground floor there is an attractive reception area with office, storage rooms and machine room which houses the central heating boiler and fuel storage.

On the third floor there is a glass fronted seating area with spectacular views of the Alhambra. This room gives access to the roof terrace with 270º views of the Alhambra, the Albayzín and the city.

The property has an excellent letting record with high occupancy levels.

Ownership is in the name of a limited company and it will be possible to acquire the shares in this company obviating the need for a change to any of the licences and services. 

The price includes all furniture and equipment. 

All main services: electricity, water, telephone and internet are connected.

The property is only three minutes walking distance from the city centre yet is very quiet and peaceful.

Features

 General
Currently Run As B&B
Tranquil Location
Albayzin Views
Income Potential
Renovated
Alhambra Views
Guest/Rental Accommodation
Close To All Amenities
 Interior
Central Heating
Fully Fitted Kitchen
Wooden Beams
Furnished
Air Conditioning
 Exterior
Roof Terrace
Enclosed Patio
 Services
Water - Mains Connection
Sewage - Mains Connection
Electricity - Mains Connection

Distances

  • Beach: 50 minutes by Car
  • Ski Station: 50 minutes by Car
  • Supermarket: 15 minutes by Walk
  • Restaurant: 5 minutes by Walk
Buying Procedure and Costs

The details listed above are believed to be correct but are offered merely as a guide and do not form part of any future contract. If you are unfamiliar with buying property in Spain you may wish to read our guide to the buying procedure.
As in all countries there are further costs incurred when purchasing a property which are not included in the price stated above. These are the purchase tax, buyer's share of agency commission, notary and registry. Together these constitute approximately 11% in Andalucia, 13% in Extremadura and 14% in the Comunidad de Valencia. Please remember to take account of this when budgeting.