Centro · Granada · Granada

Reformed Granada centre building, three units

€740,000 3,976 €/m²

186.1 m² building on Calle Elvira with three independent dwellings, two tourist licences and a currently rented commercial premises. Reformed in 2018, with a rooftop terrace and city views.

Reference DUP-FH02993 · On Inmoblia since 3 September 2026 · Published by Grupo Redall Parque Almunia

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type
Building
Built area
186 m²
Usable area
186 m²
Plot
47 m²
Bedrooms
3
Bathrooms
3
Floors in the property
4
Condition
Good condition
Aspect
Exterior
Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

  • Air conditioning
  • Furnished
  • Exterior-facing
  • Terrace
  • Balcony

The advert also mentions:

  • Two tourist licences
  • Currently rented commercial premises
  • Completely reformed in 2018
  • Independent apartments
  • Rooftop terrace with city views
  • Street views
  • Equipped kitchen
  • Electric water heater
  • PVC double glazing
  • Porcelain stoneware flooring
  • Built-in wardrobes
  • Alarm system

Free text we could not normalise into a comparable attribute, so it does not score.

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

  • In good conditionNo renovation needed to put it on the rental market.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+4.1% interanual
123.9 20112014201820212024 105.9 · 2011105.9 · 2011104 · 2012104 · 2012101.5 · 2013101.5 · 2013100.2 · 2014100.2 · 2014100 · 2015100 · 2015101.6 · 2016101.6 · 2016102.8 · 2017102.8 · 2017105 · 2018105 · 2018108.8 · 2019108.8 · 2019108.6 · 2020108.6 · 2020112 · 2021112 · 2021115.7 · 2022115.7 · 2022119.1 · 2023119.1 · 2023123.9 · 2024123.9 · 2024

Housing transactions

MIVAU · deals per year

+2.0% interanual
3,994 20112015201820222025 1,582 · 20111,582 · 20111,974 · 20121,974 · 20121,452 · 20131,452 · 20131,947 · 20141,947 · 20142,271 · 20152,271 · 20152,605 · 20162,605 · 20163,375 · 20173,375 · 20173,567 · 20183,567 · 20183,407 · 20193,407 · 20192,430 · 20202,430 · 20203,590 · 20213,590 · 20214,057 · 20224,057 · 20223,396 · 20233,396 · 20233,916 · 20243,916 · 20243,994 · 20253,994 · 2025

These series describe the municipality's housing market; for this asset they are context for the area, not for its own segment.

Investment guide for Granada

Municipal demand

The structural depth of demand in the area.

+1.2%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
10%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+11.8‰Net migration
median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−6.3% interanual
17,701 20192021202320242026 22,481 · 201922,481 · 201927,575 · 202027,575 · 202025,868 · 202125,868 · 202122,115 · 202222,115 · 202221,197 · 202321,197 · 202320,087 · 202420,087 · 202418,900 · 202518,900 · 202517,701 · 202617,701 · 2026

Average gross income

AEAT · annual tax return

+3.0% interanual
€32,694 20132016201820212023 €26,790 · 2013€26,790 · 2013€26,627 · 2014€26,627 · 2014€27,457 · 2015€27,457 · 2015€27,895 · 2016€27,895 · 2016€28,543 · 2017€28,543 · 2017€29,300 · 2018€29,300 · 2018€30,393 · 2019€30,393 · 2019€29,207 · 2020€29,207 · 2020€30,508 · 2021€30,508 · 2021€31,757 · 2022€31,757 · 2022€32,694 · 2023€32,694 · 2023

Registered population

INE · yearly population register

0.0% interanual
233,975 20112014201720202025 240,099 · 2011240,099 · 2011240,099 · 2011240,099 · 2011240,099 · 2011240,099 · 2011240,099 · 2011240,099 · 2011239,017 · 2012239,017 · 2012239,017 · 2012239,017 · 2012239,017 · 2012239,017 · 2012239,017 · 2012239,017 · 2012237,818 · 2013237,818 · 2013237,818 · 2013237,818 · 2013237,818 · 2013237,818 · 2013237,818 · 2013237,818 · 2013237,540 · 2014237,540 · 2014237,540 · 2014237,540 · 2014237,540 · 2014237,540 · 2014237,540 · 2014237,540 · 2014235,800 · 2015235,800 · 2015235,800 · 2015235,800 · 2015235,800 · 2015235,800 · 2015235,800 · 2015235,800 · 2015234,758 · 2016234,758 · 2016234,758 · 2016234,758 · 2016234,758 · 2016234,758 · 2016234,758 · 2016234,758 · 2016232,770 · 2017232,770 · 2017232,770 · 2017232,770 · 2017232,770 · 2017232,770 · 2017232,770 · 2017232,770 · 2017232,208 · 2018232,208 · 2018232,208 · 2018232,208 · 2018232,208 · 2018232,208 · 2018232,208 · 2018232,208 · 2018232,462 · 2019232,462 · 2019232,462 · 2019232,462 · 2019232,462 · 2019232,462 · 2019232,462 · 2019232,462 · 2019233,648 · 2020233,648 · 2020233,648 · 2020233,648 · 2020233,648 · 2020233,648 · 2020233,648 · 2020233,648 · 2020231,775 · 2021231,775 · 2021231,775 · 2021231,775 · 2021231,775 · 2021231,775 · 2021231,775 · 2021231,775 · 2021228,682 · 2022228,682 · 2022228,682 · 2022228,682 · 2022230,595 · 2023230,595 · 2023230,595 · 2023230,595 · 2023232,717 · 2024232,717 · 2024232,717 · 2024232,717 · 2024233,975 · 2025233,975 · 2025233,975 · 2025233,975 · 2025

Net international migration

INE · immigration − emigration · yearly

+7.6% interanual
2,757 2021202220232024 -609 · 2021-609 · 20212,646 · 20222,646 · 20222,562 · 20232,562 · 20232,757 · 20242,757 · 2024

Recorded offences

Ministry of the Interior · cumulative

+81.9% interanual
29,944 202420252026 3,184 · 20243,184 · 20246,641 · 20246,641 · 20249,653 · 20249,653 · 202413,248 · 202413,248 · 202416,464 · 202516,464 · 202519,857 · 202519,857 · 202522,688 · 202522,688 · 202526,284 · 202526,284 · 202529,944 · 202629,944 · 2026

Recorded offences (municipalities over 20,000 residents only, from 2024) are territorial context: they do not label an area “safe” or “unsafe”, nor do they measure tenant risk.

Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

They sell for…

Comparable sales in Granada, including those already sold.

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

  • The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
  • The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
  • Charges, mortgages, seizures or easements in the Land Registry extract.