Description: The larger property features three bedrooms and three bathrooms with delightful open plan kitchen, living and dining areas centered around an interior courtyard and dipping pool.

The smaller home is a one bedroom property with a breathtaking view of Mombacho volcano from its second floor balcony.

These homes are something to revel in. The design, in the classic Spanish colonial architectural style, serves to bring the outside world in and creates a sense of spaciousness by the pillared open walkways and high ceilings.

The properties have been very competitively-priced. The smaller property is priced under $100,000. The rental yield possible at these prices is also highly attractive given Granada's buoyant rental market.