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Aparthotel Palacio Almagra Calle Mirasol, 18 13 Room Hotel Granada, Granada 18009 $2,708,304 ($208,331/Room)

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INVESTMENT HIGHLIGHTS

  • Excellent condition.
  • Magnificent location.

EXECUTIVE SUMMARY

For sale: building in Realejo with a license for operating as a tourist apartment.
In the heart of Realejo, in Granada's capital, where every street whispers centuries-old secrets and every wall seems to hold memories, stands this 17th-century building with 594 square meters, classified as a Cultural Heritage Site: a silent gem that has witnessed empires, secrets, and Andalusian dawns.
Respectfully and soulfully restored, it retains its original interior courtyard with columns, century-old floors like an ancient verse, and an elegant wrought iron staircase that ascends as if still waiting for characters from a forgotten novel.
With a license for tourist apartments, a street-facing café, and the capacity to accommodate up to 33 guests, this property, just a few meters from El Corte Inglés, is not just an investment: it's an entry into the living history of Granada. A place where authenticity and profitability go hand in hand.
On Booking, it has 583 reviews with an average rating of 8.9/10. It offers a 9% annual return and has great potential to increase this, as the occupancy rate is approximately 50%.
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PROPERTY FACTS

Price $2,708,304
Price Per Room $208,331
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.05 AC
Building Size 6,394 SF
No. Rooms 13
No. Stories 4
Year Built 2016

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 13 $123.64 -
  • Listing ID: 36596416

  • Date on Market: 7/3/2025

  • Last Updated:

  • Address: Calle Mirasol, 18, Granada, Granada 18009

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