CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -
| Area: | GRANADA, ANDALUSIA | |||||||||||||||||||||
| Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
| Category: | C | |||||||||||||||||||||
| Population:
| Total | British | ||||||||||||||||||||
| 285,000 | 3,000 | |||||||||||||||||||||
| Climate: | Hours of Sunshine Per Day in Summer | Days of Rain Per Year | Average Spring Air Temp. | Average Summer Air Temp. | Average Autumn Air Temp. | Average Winter Air Temp. | Average Water Temp. | |||||||||||||||
| 11 | 40 | 18 | 31 | 22 | 12 | 21 | ||||||||||||||||
| Proximity to: | Airport | Beach | Nearest City | |||||||||||||||||||
| 7.5 miles (Granada) | 80 miles | Granada | ||||||||||||||||||||
| Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
| 1 | 1 | 4 | ||||||||||||||||||||
| Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
| 4 | 3 | 18 | ||||||||||||||||||||
| Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
| 1 | 2 | |||||||||||||||||||||
| Restaurants and bars: | Largely specialises in local cuisine, which has Arab influences. Seafood restaurants can be found on the coast. There is also a wide range of international food. | |||||||||||||||||||||
| Sports and leisure facilities: | 18-hole golf course at Las Gabias. 11-hole golf course at Los Moriscos. Tennis club. Sierra Nevada skiing resort nearby. 2 water-parks on city outskirts open during summer. Music, theatre and dance festivals in summer. Science museum with planetarium and butterfly park. Archaelogical museum and art museum near Alhambra. Cinemas and theatres (Spanish language). Generalife Gardens. | |||||||||||||||||||||
| Transport: | Public Transport | Roads | ||||||||||||||||||||
| Bus routes between city centre and other parts of city. Also frequent bus services to Madrid, Malaga and Seville and to surrounding towns and villages. Train services to Malaga, Seville and Madrid. | N-340 dual carriageway from Costa del Sol. A-92 from Seville. N-IV and N-323 from Madrid. | |||||||||||||||||||||
| Crime rate: | Low | |||||||||||||||||||||
| Main types of employment | Tourist sector and teaching of languages. | |||||||||||||||||||||
| Future plans: | New second ring road around city. Dual carriageways from city to coast and to Almeria. | |||||||||||||||||||||
| Yield range | 3.9% - 4.5% | |||||||||||||||||||||
| Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
| 2 bed apartment | 151515 | 300 | 240 | 144 | 4.5% | |||||||||||||||||
| 3 bed apartment | 189394 | 360 | 288 | 173 | 4.3% | |||||||||||||||||
| 3 bed townhouse | 284091 | 480 | 384 | 230 | 3.9% | |||||||||||||||||
| Villa | 333333 | 630 | 504 | 302 | 4.3% | |||||||||||||||||
| Demand for letting | School Holiday Peak | Peak | Off peak | |||||||||||||||||||
| Medium | Medium | High | ||||||||||||||||||||
| Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
| 6 | 2 | 4 | ||||||||||||||||||||
| Flights scheduled from: | Gatwick, Heathrow, Bristol, Newquay, Plymouth, Birmingham, Newcastle, Manchester, Leeds/Bradford, Aberdeen, Edinburgh, Glasgow, Inverness, Belfast City, Guernsey, Jersey. | |||||||||||||||||||||
| Typical cost of flights: | School Holiday Peak | Peak | Off Peak | |||||||||||||||||||
| £286-491 | £212-364 | £159-273 | ||||||||||||||||||||
| Operators: | Iberia, BA | |||||||||||||||||||||
| Description: | Granada is located in eastern Andalusia, at the foot of the Sierra Nevada mountain range. It is essentially an historical city, and houses the Moorish palace known as the Alhambra which is Spain’s most visited monument. Around the Alhambra is the Moorish quarter of Albaicin, a particular hotspot within the city, where property is highly desired. The houses are characterised by being set within cobbled stoned streets and they are all brilliant white in colour. There are many squares dotted within this area to relax and take in the views, including the Alhambra itself. Apart from the historical element, the city is also cosmopolitan with many tourists and university students. Property is in demand as there is a relative shortage of re-sale properties, although there has been much recent construction around the city’s outskirts. Even so, prices are expected to continue rising. The holiday season, ironically, is quieter than other times. Because the students go home and others head to the resorts to relax on the beach. But the nightlife is by no way quiet! The are really only two sections which stay open late:
There is an uprising of unofficial parties by the younger residents which depending on how you feel about could be a good thing or a bad thing!
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| Hot Website: | http://granadainfo.com/english.htm | |||||||||||||||||||||
| Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Delta Service | Plaza Madrid 1, 18690 Granada, Almeria | Tel: 0034 9 58 63 91 49 Fax: 0034 9 58 63 00 25 | Not disclosed | |||||||||||||||||||
| Edney & Barea S.L. | Doctor Sofre 1, 18850 Cullar, Granada, Almeria | Tel: 0034 9 58 73 24 38 Mob: 0034 6 50 67 36 98 | Not disclosed | |||||||||||||||||||
| Wilkinson Estates | Cortijo del Zorro, Lista de Correos, 18740 Castell de Ferro, Granada | Tel: 0034 9 58 34 92 38 | Not disclosed | |||||||||||||||||||
| Granada Estates | Av Jual Carlos I Almunecar | Not disclosed | website: http://www.granadaestates.com email: info@granadaestates.com | |||||||||||||||||||
| Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Wilkinson Estates | Cortijo del Zorro, Lista de Correos, 18740 Castell de Ferro, Granada | Tel: 0034 9 58 34 92 38 | Not disclosed | |||||||||||||||||||
| Granada Estates | Av Jual Carlos I Almunecar | Not disclosed | website: http://www.granadaestates.com email: info@granadaestates.com | |||||||||||||||||||