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House with Nine Letting Units, Albayzin - Granada €1,600,000

Current Price: €1,600,000
New Price:
Rate data provided daily by European Central Bank
450 M2
132 M2
Beautifully renovated four-storey house arranged around typical Andaluz patio with a modern lift giving access to the upper floors.
450 M2
132 M2

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.

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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. Junta de Andalucia, Decreto 218/2005, updated on 2 May 2006. The agency has available to the consumer an Abbreviated Information Document for this property. The price advertised excludes agency commission, transfer tax (I.T.P.) and the fees of notary and registry. Together these constitute approximately 12% - 13%. Please remember to take account of this when budgeting.

Tel +34 958 227 735     

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Albayzin Properties is a trading style of Another Way Of Life S.L. Camino Nuevo de San Nicolás 13, 18010 Granada, Spain
CIF B19581347
Registro Mercantil de Granada Tomo 1557 Libro 0 Folio 162 Hoja GR-46797 Inscripción 1 Fecha 10/04/2015