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Granada · Realejo

Character 2-bed in Realejo

2 bed · 1 bath · 74 m² · Off-market
8.2%
Gross yield
+€332
Net / month
Granada, Spain
Mediterranean Spain
+ Full gallery on request
The Opportunity

Why this one clears

Sourced direct, not on the portals. Alhambra views, deep tenant pool, priced below comparable listings.It’s priced to cash-flow from month one on a standard non-resident mortgage, with a tenant pool deep enough to keep vacancy low. Below is exactly how the money moves.

What You Bring

Cash to close

Deposit (30% of price)€44,100
Transfer tax (ITP, 7%)€10,290
Legal, notary & registry (~3%)€4,410
Total cash in€58,800

The transfer tax is the price of entry, paid once. From here on, ongoing costs stay low.

Every Month After

How the cash flows

Gross rent+€1,010
Mortgage (70% LTV @ 2.4%, 25 yr)−€456
Management, insurance, IBI & community−€222
Net to you, monthly+€332
Asking price
€147,000
+€332
Net cash / month
€58,800
All-in cash needed

Llave introduces you and coordinates the steps. Any reservation deposit is held in your independent lawyer’s regulated client account, never by Llave. No obligation to proceed.

Illustrative projection only, not an offer, appraisal, or guarantee of return. Figures model the stated assumptions (~70% LTV non-resident mortgage, regional transfer tax, typical operating costs) and will vary with the property, market, financing, taxes, and vacancy. You buy and own the property directly and engage independent licensed professionals at your discretion. Do your own due diligence. See our disclosures.