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    Renovated Tourist Apartment in Ribera del Genil, Granada
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    Renovated Tourist Apartment in Ribera del Genil, Granada

    229,000€

    Key information

    • 81 m²
    • 4 bedrooms
    • Has balcony
    • Has elevator

    Investment Breakdown

    Gross Yield:

    5.18%

    Time to pay off with rent:

    19.3 years

    Price Difference:

    -8.33%

    Expected Rent:

    989€/month

    About this property

    Hey there, investor! Check this out—a fully renovated apartment with a tourist license, right in the heart of Ribera del Genil, one of Granada’s hottest neighborhoods! This place is just a stone's throw from Camino de Ronda, making it super convenient. With a proven annual yield over 10%, it’s a no-brainer for anyone looking to jump into the rental market. The layout boasts 4 bedrooms—2 spacious doubles and 2 cozy singles, each with access to the balcony. You’ve got 2 full bathrooms with modern showers, plus a sleek open-plan kitchen that flows into the living area. It’s currently running as a tourist rental with high occupancy rates, so it’s making money from day one! Oh, and here’s the kicker: new tourist licenses are on hold, so this property’s value is set to rise. If you’re a family looking for a sweet place to call home in a prime location, this spot ticks all the boxes. Opportunities like this are rare, so don’t miss out!

    Local area information

    Date added: 09.11.2024

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