Exclusive investment opportunity in La Isleta, steps from Las Canteras

€360,000

6 Rooms
3 Bathrooms
171 m² Total surface
67 m² Plot surface

Description

In one of the most authentic and promising areas of Las Palmas de Gran Canaria, we present this terraced house with great profitability potential, located on Américo Vespucio Street, just a few minutes' walk from Las Canteras Beach. The property requires a complete renovation, allowing for a customized project to maximize its value. With an optimal layout, it offers the possibility of becoming a building with three apartments, each with 2 bedrooms, ideal for both vacation and residential rentals. Additionally, it features a large communal rooftop, a multifunctional space perfect for creating a chill-out area, gym, coworking space, or any other service that adds value to the investment. This property offers the possibility of being divided into three independent apartments, making it a versatile and profitable option. Its spacious communal rooftop provides multiple usage opportunities, while its prime location, just meters from the beach, makes it even more attractive. Situated in an area with high rental demand and great potential for appreciation, it represents a unique opportunity for investors looking to maximize their profitability. Do not miss this exceptional opportunity to develop a real estate project in one of the best locations on the island.

Features

Patio

Engel & Völkers Gran Canaria

+34 928 061 610

Your advisor: Alfonso Rincon

Property ID: W-02V4JG

Location: La Isleta, Las Palmas de Gran Canaria

Strategic location and high rental demand Located in the heart of La Isleta, one of the most dynamic and growing neighborhoods in the capital, the property is situated in a privileged environment. Its proximity to the iconic Las Canteras Beach—considered one of the best urban beaches in Europe—along with the gastronomic, cultural, and leisure offerings in the area, ensures constant demand from both residents and tourists. Additionally, its excellent connection to the rest of the city, proximity to supermarkets, schools, sports centers, and public transportation make it an unbeatable option for those looking to invest in an asset with high profitability and guaranteed appreciation.

Commission details

Availability to agree. The offer is subject to price changes or withdrawal from the market without prior notice. The exposed data including the measures are purely indicative. In order to verify the surfaces, as well as the legal circumstances of the sale, the Agency recommends going to an independent competent professional. The price does not include expenses or taxes. The buyer pays the following taxes and expenses: (i) in the first installments of housing (new work) the IGIC and the AJD; (ii) the payment of the ITP in the second and subsequent installments of housing (second-hand housing); (iii) the notarial and registry fee in both cases. For the rest of the information required by the state and regional regulations, you can contact the Agency.