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Property Specifics
The two-story townhomes are identical, and each has a master bedroom upstairs with a full bathroom. On the main floor you have a bathroom and kitchen and outside patio with eating area. The property currently has 7 bedrooms and 8 bathrooms, with current set up owners can sleep 12 people, with a small redesign you can sleep up to 18 people. The two-story town-houses have a fully functional private kitchen with all cooking utensils.
And breathtaking views of Mombacho and partial views of Granada skyline and architecture. The raised elevation is advantageous to your view, and the many windows let in lots of natural light and air. �The rooms also have enclosed outdoor patios for added privacy.
As you walk towards the back there is a communal kitchen and patio area for the guest. This place is perfect for long or short-term rentals and is already running as a successful business since May 2017.
Here are some of the specifics of the property overall size is 250 sq. meters constructed area includes covered patio area, bathroom, kitchen. Each 2-story townhomes is 50 sq. meters and the single-story unit is 35 sq. meters. There is an additional 120 sq. meters for, garden green areas, mechanical room and front desk and staff area. Total area is 370 sq. meters for total constructed areas.
Currently, owners have 2 long term tenants with three-month contracts, each at US$700 plus electricity. These tenants are staying while looking at Granada for their retirement home. During the high tourists season the units rent as follows: daily, weekly and monthly rates.
During the low tourist season the units rent as follows: daily US$75, weekly $300 and monthly rates US$600.
High season rates are as follows: US$95, weekly US$375 and US$700.
Last 3 months of 2017 has been 50% occupancy, January 2018 has been 80% occupied
Each unit is metered separately, each long-term lease tenant is responsible for energy consumption.

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