Renovation Project: Two-Bed Townhouse in Algarinejo
€30,840
€166/m²
- 2
- Bedrooms
- 1
- Bathroom
- 186 m²
- Interior
- 140 m²
- Plot
- Townhouse
- Type
- 1 week ago
- Listed
The Habio take
This two-bedroom townhouse in Algarinejo offers a generous 186 m² of living space and is set at an attractive price point, ideal for buyers looking for a renovation project. Nestled in the province of Granada in Southern Spain, it presents a unique opportunity for investment or as a spacious rental property.
- countryside
- investment
- renovation
Highlights
- Spacious 186 m² interior
- Large patio and terrace space
- Two double bedrooms
- Potential for investment or rental
- Quiet street location
- Stunning countryside views
Worth knowing
- Major renovation needed
- Limited amenities in nearby area
Good fit for: Ideal for DIY enthusiasts or investors looking for a budget-friendly project.
Lifestyle scores
- Beach
- 0
- Walkable
- 40
- Remote work
- 50
- Family
- 60
- Retirement
- 55
- Airport access
- 55
- Investment
- 65
- Luxury
- 30
- Value
- 85
About this place
Located in the charming town of Algarinejo, Granada, this 186 m² townhouse is perfect for those seeking a renovation project. The property boasts a bright and wide hallway that welcomes you upon entry, leading to a sitting room and two ground floor double bedrooms.
The ground floor also features a fitted kitchen, a fully tiled bathroom, and a convenient utility/laundry area. Outside, you will find a covered tiled patio that leads to a large open patio and terrace at the rear, providing ample outdoor space.
A staircase in the hallway accesses a spacious first floor, which remains unconverted but offers potential for additional living space, complete with a Juliet balcony and a private covered terrace that overlooks the outdoor areas and offers picturesque views of the surrounding countryside and mountains. This property is an excellent opportunity at a competitive price of 30,840 euros.
Where you’ll be
Algarinejo, Granada, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
