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A complete building is offered in one of the most sought-after and iconic locations in Granada, right in the Realejo neighborhood, next to the Faculty of Architecture and just minutes from the historic center, the Alhambra, and the city’s main tourist attractions. The property has approximately 950 m2 built and is currently divided into 8 residences, some exceeding 250 m2, offering multiple possib
A complete building is offered in one of the most sought-after and iconic locations in Granada, right in the Realejo neighborhood, next to the Faculty of Architecture and just minutes from the historic center, the Alhambra, and the city’s main tourist attractions. The property has approximately 950 m2 built and is currently divided into 8 residences, some exceeding 250 m2, offering multiple possibilities for redistribution and use. Notable features include a spacious staircase core that facilitates elevator installation, a key element for any asset repositioning project. The property requires a full renovation, making it an excellent opportunity to develop a boutique hotel, tourist apartments, premium student housing, or exclusive residences. From the upper terraces, spectacular open views of the Alhambra Palace and Granada’s monumental surroundings can be enjoyed, a rare added value in today’s market. Its strategic location in an area with high tourist, university, and residential demand, along with its size and transformation potential, make this building a unique asset for investors and developers seeking a high-yield project in one of Spain’s most attractive tourist cities. Additional information and visits are available for qualified investors. IMPORTANT NOTICE: In accordance with Article 20.1 of the TRLDCU, the property’s price will increase by the following amounts: TAXES PAYABLE BY THE BUYER: - VAT at the current rate of 10% (Law 37/1992 of December 28, on Value Added Tax) - Transfer Tax (ITP) on the higher of the sale price or cadastral reference value, ranging between 7% and 2% depending on buyer conditions, according to Royal Legislative Decree 1/1993 of September 24, approving the revised text of the Law on Transfer Tax and Stamp Duty. NOTARY AND REGISTRATION: These are regulated fees, with estimated costs ranging from €300 to €600 for notary services and €200 to €450 for registration (Royal Decree 1426/1989 and Royal Decree 1427/1989 of November 17). REAL ESTATE AGENCY FEES: Not included in the purchase price. The buyer will pay 2.5% plus VAT on the final sale price, with a minimum of €2,500 plus VAT for properties under €100,000. IF BANK FINANCING IS REQUIRED: Additional costs must be agreed upon with the financial institution. FOR THE FINAL PRICE CALCULATION, PLEASE CONTACT THE BANK WHERE WE WILL ISSUE A PERSONALIZED OFFER BASED ON THE BUYER’S PERSONAL CIRCUMSTANCES. The property’s price may change without prior notice, and both built and usable areas are descriptive and approximate. The property is sold unfurnished. The client has the right to receive a summarized information document about the property. Valid until the end of exclusivity.
Located in Granada’s historic Realejo district, this property offers easy access to cultural landmarks like the Alhambra and the Cathedral. The area benefits from excellent dining options and upscale shopping nearby. Federico García Lorca Granada-Jaén Airport is a 25-minute drive, while Granada Train Station is 10 minutes away, ensuring convenient travel. The neighborhood combines vibrant city life with proximity to natural parks and educational institutions.