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There seem to be a lot of reasons why it's such a low price. If you don't have the building skills to achieve it yourself it makes it difficult to strike a balance with someone who does.
My main concerns would be the integrity of the slope it's built on and it's connection to other buildings in the proximity.
In the past when I've found somewhere to dream about doing up there have always been some big reasons why the property isn't really cheap.
That part of the coast is very nice though and the view would be lovely when it's all completed. I'd want to know roughly how much you would have to spend before you can sit on that balcony because even if it's mostly plaster and paint I'd expect some land/rights/access issues there.
Airhead-
Yeah, the road it is on is not on street view and the owner wasn't exactly fulsome in his reply when I ask about access although that could be for a number of reasons. There are nice houses on that street though. There would be a lovely view and, at the same time, you'd still be close to the town's amenities, such as they are. The walls look thin for an area in which traditionally walls are incredibly thick; and the roof that is visible looks like corrugated metal/asbestos. I just like dreaming. I would do my share of the onsite labour-time and pull my weight in other ways (spanish/local knowledge/admin). @c.h.e. southern europe is said to be destined to being uninhabitable in the near future cos of climate change. I probably would avoid in july-august.
tmevans
I want to buy somewhere cheap by the sea on the granada coast. I saw this. A town I know a little in an area I know pretty well. It is, shall we say, sleepy and rough around the edges. However it is on four absolutely stunning rides, either into the hills or along the quiet coast road, and it’s as cheap as I could find, even then it would be too much for me to take on alone. Anyone with building skills wanna go twosies? It needs some work(!) Maybe the price is negotiable, currently it is 19,000€