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Gross Yield:
5.18%
Time to pay off with rent:
19.3 years
Price Difference:
-8.33%
Expected Rent:
989€/month
Hey investor! Check out this fully renovated apartment with a tourist license, right in the heart of the super popular Ribera del Genil area. You’re just steps away from Camino de Ronda, one of Granada’s main thoroughfares. It’s currently crushing it with a 100% proven gross return, over 10% annually! This place has 4 bedrooms—2 doubles and 2 singles—and the balconies off each bedroom bring in that fresh air. There are 2 modern bathrooms, both with showers, and the open kitchen is equipped and ready. This gem is already making money with high occupancy rates in the tourist rental market. Plus, because new tourist licenses aren't being issued, your investment is only set to grow in value. If you’re hunting for a family home in a prime Granada location, this spot could be just what you need. Opportunities like this don’t last long!