Interesting; the dial (if I'm reading it correctly) says "Swiss parts". That suggests that the watch wasn't made in Switzerland. Perhaps it was made in Granada, Spain? Another possibility is the Granada Corporation in England.
We'd probably need to see the movement to say more.
My growing collection of "affordable" vintages: http://www.abslomrob.com
I am not an expert, but the look of the watch and "Swiss parts" makes me think it could be from Hong Kong.
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