Flat for sale in Granada city, Granada

Renovated 3-bedroom apartment with a terrace – Excellent investment opportunity with returns from day one

Currently rented to Erasmus students until June 2027.

Key features

- 3 spacious bedrooms
- 2 full bathrooms
- Newly renovated home
- Fully exterior-facing, with excellent natural light
- Terrace – a perfect outdoor space to enjoy fresh air
- Heating
- Air conditioning
- Separate laundry area
- Comfortable and functional layout

The property features a terrace—a significant added value that provides an outdoor space to enjoy Granada's pleasant climate, relax, or have an extra open-air area.

Furthermore, as it is a fully exterior-facing property, it enjoys abundant natural light throughout much of the day.

Property condition

The property has been recently renovated, offering modern, functional spaces ready for either investment purposes or future residential use.

It is located on the fifth floor of a building without an elevator, a factor to consider when evaluating the property.

Currently rented – Ideal for investors

One of the property's major attractions is that it is already generating income.

Currently rented to Erasmus students
Contract running from September 1, 2026, to June 30, 2027
€375/month per room
3 rooms rented out

Current monthly income: €1,125

This allows you to acquire a property with an active rental operation already in place, an especially attractive option for those seeking a real estate investment geared toward the university market.

What makes it special
- Newly renovated home
- Private terrace
- All exterior-facing and very bright