Investor Profile:Retirement, Worker, Holiday, Business


Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearAverage Spring Air Temp.Average Summer Air Temp.Average Autumn Air Temp.Average Winter Air Temp.Average

Water Temp.

Proximity to:AirportBeachNearest City
7.5 miles (Granada)80 milesGranada
Educational facilities:No. of UniversitiesNo. of International SchoolsNo. of Private Schools
Health services:No. of Public HospitalsNo. of Private HospitalsNo. of Private Clinics
Shopping:No. of Shopping CentresNo. of Markets
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 TransportRoads
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 employmentTourist sector and teaching of languages.
Future plans:New second ring road around city. Dual carriageways from city to coast and to Almeria.
Yield range3.9% - 4.5%
Type of propertyEntry PriceRent-

School Holiday Peak




Off Peak

Average Annual Yield
2 bed apartment1515153002401444.5%
3 bed apartment1893943602881734.3%
3 bed townhouse2840914803842303.9%
Demand for lettingSchool Holiday PeakPeakOff peak
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
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 PeakPeakOff Peak
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:

  1. Pedro Alarcon which is for the 18-30 age range
  2. Plaza Nueva which is for the older crowd

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!


Hot Website:
Estate Agents:NameAddressTelWeb
 Delta ServicePlaza Madrid 1, 18690 Granada,


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 EstatesCortijo del Zorro, Lista de Correos, 18740 Castell de Ferro, GranadaTel: 0034 9 58 34 92 38Not disclosed
 Granada EstatesAv Jual Carlos I
Not disclosedwebsite:


Letting Agents: NameAddress TelWeb
 Wilkinson EstatesCortijo del Zorro, Lista de Correos, 18740 Castell de Ferro, GranadaTel: 0034 9 58 34 92 38Not disclosed
 Granada EstatesAv Jual Carlos I
Not disclosedwebsite: