Edificio En El Centro de Granada, Spain

Historic building in the Albaicín with license for 14 apartments, car access, and strong residential potential in a prime Granada location.

At Savills, we are proud to present El Carmen San Cayetano, a unique 1,397 m² building located in the heart of the Albaicín, one of the most iconic neighborhoods in central Granada.

This property comes with an approved license for the development of 14 apartments, offering a rare opportunity to carry out a residential project in a privileged location, with the added benefit of car access directly to the street—a rarity in this area.

Currently distributed across several floors, the building retains original features that reflect its traditional character, providing authenticity and a wide range of renovation possibilities. The approved license allows for the optimization of the built area and enhances the property's appeal through its transformation into 14 apartments.

Upon entering the building, you are welcomed by a characteristic entrance hall that leads to a central courtyard, the core of the structure and a hallmark of Granada’s architectural style. From here, the various rooms and levels unfold, offering abundant natural light and views thanks to the elevated position. The upper floors feature spacious areas ready to be converted into modern residences while preserving the historic charm of the property.

Among its main advantages are not only the granted renovation license, which allows the project to begin immediately, but also the heritage value of the building and its architectural potential. The combination of courtyards, balconies, and classic layout makes Carmen San Cayetano the perfect canvas for creating unique apartments with their own identity.

Located on Calle Zafra, one of the few streets in the Albaicín with car access, the property offers added value in terms of comfort and functionality. All of this in an exceptional setting: just minutes from Granada’s historic center, surrounded by services, shops, cultural venues, stunning historic buildings, and the neighborhood’s renowned culinary scene.