Granada Properties – Find Your Dream Home in the South of Spain

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Why Granada is a top choice for property investment in Spain

The province of Granada has seen consistent growth in property prices in recent years, making it an enticing location for real estate investment. From the lively city of Granada itself to the quaint towns of Almuñécar and Motril along the Costa Tropical, property values have seen an average annual rise of about 4%. (Source: Granada Real Estate Association, GREA)

Thriving rental market
Granada province also boasts a robust and expanding rental market. Cities such as Granada and coastal towns like Salobreña, Almuñécar and Motril are particularly favoured by tourists and students, offering investors attractive rental yields averaging around 5.8% for residential properties and 6.5% for short-term vacation rentals. (Source: Spanish Property Market Report, 2023).

Granada’s appeal to buyers and investors
Granada’s rich cultural heritage, scenic beauty, and Mediterranean lifestyle attract both international buyers and locals, further driving property demand in the area. The region offers a variety of investment opportunities, from city apartments to coastal villas, catering to different types of buyers and rental markets.

Granada’s magnetic pull on the region
Granada’s status as a major tourist destination, drawing nearly 3 million visitors annually with a 21% growth in tourism (source: Spanish National Institute of Statistics), extends its appeal beyond the historic city itself. This demand influences the surrounding region, including the picturesque towns of Almuñécar and Salobreña on the Costa Tropical, where the influx of visitors creates consistent high demand for vacation rentals.

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