Semi-detached Villa for sale in Armilla, Granada

One property. Two ways to see it.
Are you looking for a spacious home in Armilla?
Or are you looking for a property with potential for transformation and added value?
This property, with 298 m2 of built area, located on Calle Veleta, Armilla, could offer both possibilities.
Currently configured as a spacious semi-detached house, its size and layout make it particularly interesting to consider a redistribution and renovation project.
The potential lies in its layout
One option to explore is creating:
Ground floor → 2 homes
First floor → 1 home
That is, up to 3 residential units, subject to the relevant technical, planning, access, utilities, habitability, and other applicable legal requirements.
And this is precisely one of the property’s great opportunities:
You’re not just buying square metres.
You’re buying possibilities.
A home to live in
Its 298 m2 offer exceptional space for a family that needs room, bedrooms, separate areas, and spaces that can adapt to different needs.
A property of a size that is hard to find on today’s market, with scope for a renovation tailored to its future owners’ lifestyle.
An investment opportunity
For an investor, the outlook is different.
The size allows for a transformation project to be explored, potentially creating several residential units and opening up different strategies:
• Renovation for rental.
• Creation of several homes, if feasible.
• Refurbishment project followed by resale.
• Long-term property investment.
Profitability and financial viability would need to be determined through a specific assessment of the project, renovation costs, and planning status.
What would you buy?
A large house to renovate...
...or a project with potential?