Lakeside Retreat: Prime Tourist Apartment Complex Discover a stunning property nestled amidst breathtaking scenery

Arenas del Rey, Granada, Spain

For Sale

€480,000

REF: 886506 €480,000


8

7


370 m2

1400 m2

Description

Lakeside Retreat: Prime Tourist Apartment Complex Discover a stunning property nestled amidst breathtaking scenery. This large detached house, boasting a coveted tourism license, offers a unique opportunity for investors and entrepreneurs alike. Imagine waking up to panoramic views of a sparkling lake, majestic mountains, and lush countryside.

This idyllic setting provides the perfect backdrop for a relaxing and unforgettable holiday. The property is thoughtfully designed to maximise both comfort and revenue, featuring a well-appointed layout of tourist apartments. The ground floor welcomes you with a spacious bar and restaurant area, complete with a brand-new fitted bar and an industrial kitchen.

A convenient toilet and a rear terrace with seating provide added comfort for guests and staff. The property also features easy-to-maintain gardens, ensuring a pleasant outdoor space for guests to enjoy. Outside, a private swimming pool surrounded by artificial grass offers a refreshing escape. The property's location provides breathtaking views of the lake, mountains, and countryside, making it an ideal destination for nature lovers and outdoor enthusiasts.

The property features a total of seven apartments, each offering a comfortable and stylish living space. The 2 ground floor apartments include a covered patio, a lounge/dining room with an open-plan kitchenette, a family bathroom with a Jacuzzi bath, and a double bedroom. The second apartment offers an additional single bedroom.

Upstairs, you'll find 4 additional apartments with similar layouts, including one that currently serves as storage but can be easily converted into a fully functional apartment. The final apartment offers a lounge / kitchenette, a family bathroom with Jacuzzi bath and a double bedroom. Stairs from the lounge lead up to an expansive floor offering the potential to create additional accommodation.

A large terrace in front of the first-floor apartments offers outstanding views, providing guests with a perfect spot to relax and enjoy the stunning scenery. With its prime location, stunning views, and well-designed layout, this property presents an exceptional investment opportunity. Whether you're looking to generate steady rental income or create a personalised retreat, this mountainside retreat offers endless possibilities.

In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency's professional fees are included.
Lakeside Retreat: Prime Tourist Apartment Complex Discover a stunning property nestled amidst breathtaking scenery. This large detached house, boasting a coveted tourism license, offers a unique opportunity for investors and entrepreneurs alike. Imagine waking up to panoramic views of a sparkling lake, majestic mountains, and lush countryside.

This idyllic setting provides the perfect backdrop for a relaxing and unforgettable holiday. The property is thoughtfully designed to maximise both comfort and revenue, featuring a well-appointed layout of tourist apartments. The ground floor welcomes you with a spacious bar and restaurant area, complete with a brand-new fitted bar and an industrial kitchen.

A convenient toilet and a rear terrace with seating provide added comfort for guests and staff. The property also features easy-to-maintain gardens, ensuring a pleasant outdoor space for guests to enjoy. Outside, a private swimming pool surrounded by artificial grass offers a refreshing escape. The property's location provides breathtaking views of the lake, mountains, and countryside, making it an ideal destination for nature lovers and outdoor enthusiasts.

The property features a total of seven apartments, each offering a comfortable and stylish living space. The 2 ground floor apartments include a covered patio, a lounge/dining room with an open-plan kitchenette, a family bathroom with a Jacuzzi bath, and a double bedroom. The second apartment offers an additional single bedroom.

Upstairs, you'll find 4 additional apartments with similar layouts, including one that currently serves as storage but can be easily converted into a fully functional apartment. The final apartment offers a lounge / kitchenette, a family bathroom with Jacuzzi bath and a double bedroom. Stairs from the lounge lead up to an expansive floor offering the potential to create additional accommodation.

A large terrace in front of the first-floor apartments offers outstanding views, providing guests with a perfect spot to relax and enjoy the stunning scenery. With its prime location, stunning views, and well-designed layout, this property presents an exceptional investment opportunity. Whether you're looking to generate steady rental income or create a personalised retreat, this mountainside retreat offers endless possibilities.

In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency's professional fees are included.
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Property on Map

#XL4440

Currency Exchange

Arenas del Rey, Granada, Spain

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €480,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€480,000 £395,472 £412,536 £17,064
Property Price € €480,000
Minimum cost in the last six months £395,472
Maximum cost in the last six months £412,536
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,064

Arenas del Rey, Granada, Spain

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €480,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€480,000 £395,472 £412,536 £17,064
Property Price € €480,000
Minimum cost in the last six months £395,472
Maximum cost in the last six months £412,536
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,064

The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £17,064 more.

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