Arenas del Rey, Granada 18129 Hospitality Building Offered at $393,912

V8855A3 is a recently renovated apartment complex that combines lifestyle and income potential in a natural setting in southern Spain. Designed to operate either as a boutique hospitality project or as a private residence with income generation, it represents a turnkey investment with character. The property is set within landscaped grounds, fully fenced, and with gated access. It consists of seven independent apartments, each designed with a living room, kitchen, bedroom, and bathroom. All units feature private terraces facing the lake, offering unobstructed views that enhance the sense of tranquility and connection with nature. The gardens are mature and well-maintained, with relaxation areas and a private pool that serves as a social hub during the warmer months. The complex conveys a sense of privacy and controlled seclusion while maintaining good accessibility. The bar and restaurant area, fully renovated, is equipped with a professional-grade industrial kitchen and is ready for immediate operation. This space includes an outdoor terrace suitable for al fresco dining and offers potential to position the property as a gastronomic destination for guests and visitors. The property includes an owner's apartment, ensuring privacy and proximity to the business. Additionally, there is a spacious undeveloped attic area with potential for expansion into a lounge, additional bedrooms, and a bathroom, further increasing the asset's versatility and value. The location provides direct walking access to the lake, with year-round activities such as kayaking, paddleboarding, cycling, and hiking. It is approximately 20 minutes from the historic spa town of Alhama de Granada, 40 minutes from the cultural hub of Granada and the Alhambra, and about 1 hour and 10 minutes from the Sierra Nevada ski resort. The nearest international airports are Granada Airport (approximately 30 minutes) and Málaga Airport (approximately 1 hour and 20 minutes). Overall, this is a commercial and residential asset with viable operations from the outset and room for growth through an expansion project, situated in a location with sustained year-round tourist appeal.