Flat for sale in Granada city, Granada

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

Currently rented to Erasmus students until June 2027

Sale price: 197,000 €

Key features

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

Terrace and natural light

The home has a terrace, a significant added value that provides an outdoor space to enjoy the good weather in Granada, relax, or have an additional area outdoors.

In addition, since it is a fully exterior home, it enjoys excellent natural light throughout much of the day.

Home condition

The property has been recently renovated, offering current, functional spaces, suitable both for rental operations and investment, as well as for future residential use.

It is located on a fifth floor with no elevator, which should be taken into account when valuing the home.

Currently rented – ideal for investors

One of the main attractions of this property is that it is already generating income.

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

Current monthly income: €1,125

This allows you to purchase a property that already has an ongoing rental operation, especially appealing for those looking for real estate investment oriented to the university market.

What makes it special

- Recently renovated home
- Private terrace
- All exterior and very bright
- 3 independent bedrooms
- 2 bathrooms
- Air conditioning and heating
- Currently generating income
- Rental profile aimed at international students
- Attractive relationship between purchase price and current rent

Ideal for

- Investors looking for a home currently rented
- Investment intended for room-by-room rentals
- University market and Erasmus
- Future main residence once the current lease ends

An opportunity to acquire a renovated, exterior home with a terrace that is currently profitable, generating income from the very first moment.