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19 bedrooms house in El Pinar, Granada, Spain

1 450 000€

El Pinar, Granada

Features

  • General
  • Detached
  • 19 bedrooms
  • 19 bathrooms
  • 1 guest bathroom
  • Own Garage
  • Areas
  • Plot: 6,000 m²
  • Built: 1,200 m²
  • Equipment
  • Furnished
  • Fitted kitchen with appliances
  • Internet connection available
  • Gardens
  • Swimming-pool

Property description

As a potential buyer, this property offers excellent opportunities for both real estate investment and a lifestyle purchase. Located in El Pinar, Granada, the 19-bedroom apartment complex with full letting revenue potential is an attractive investment due to its prime location and spacious accommodations. From an investment perspective, the property's current 80% occupancy rate and the potential to increase let revenue through short-term lettings or longer term rentals presents significant income potential. The property's diverse rental options, such as Bed & Breakfast, rural tourism, and medium/long-term rentals, allows for increased revenue streams and, consequently, higher returns on investment. Moreover, the property's location in El Pinar offers breathtaking views of the Valley of Lecrin and the Sierra Nevada mountains, making it an attractive destination for tourists. Its proximity to various attractions, such as cultural and historical landmarks, outdoor activities, and local cuisine, further enhances its appeal to both short-term guests and long-term renters. From a lifestyle perspective, owning this property would provide a comfortable and spacious living environment, with each apartment and townhouse boasting private terraces taking full advantage of the south and east sun exposure. The pool and patio area offer recreational options and the opportunity for relaxation with family and friends. However, it's essential to consider the property's potential challenges, such as off-season periods with reduced rental demand, competition from other local vacation rentals, and ongoing maintenance and operational costs. Nonetheless, this property presents a promising investment opportunity that could offer both financial rewards and an enjoyable lifestyle in a beautiful and premium location.

Location

El Pinar, Granada

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