If you plan to buy an investment property in Las Palmas de Gran Canaria city, there are two ways to generate high rental yields: Holiday rentals and residential buy-to-let.
But which of the two is the better long-term investment? [Read more…]
Useful articles about buying and selling property in Gran Canaria
Gran Canaria Property Articles: Useful information about buying and selling property in Gran Canaria by experienced resident agent Laura Leyshon.
2019: The Year Of New Build Property In Las Palmas
Now that Gran Canaria property prices have risen for several years, new build property in Las Palmas is becoming far more common.
You can’t walk for five minutes in the Puerto and Guanarteme districts without finding a new building site.
So far, the few new build properties that have hit the market sold fast at a premium to the second-hand property market. However, this could well change as the supply of new property increases. [Read more…]
Las Palmas De Gran Canaria Rental Yields Highest In Spain
Average residential rental yields in Las Palmas city were the highest in Spain in the first quarter of 2018: Good news if you are considering a Las Palmas rental investment. [Read more…]
Gran Canaria Mortgage? Bank Valuations Can Bump Up Your Tax Bill
The valuation (tasación) your bank makes when you apply for a mortgage has a significant effect on your Gran Canaria property purchase.
- If it’s too low, you don’t get the mortgage or have to provide more capital.
- If it’s too high, it can cost you a fortune in extra tax payments.
RE/MAX Cony Overseas: Leading Gran Canaria Estate Agency For Over 20 Years
RE/MAX Cony Overseas has been helping foreign buyers and sellers in Las Palmas and all over Gran Canaria for over twenty years.
It was the first RE/MAX estate agency in the Canary Islands and one of the pioneers in the whole of Spain. [Read more…]
Selling Gran Canaria Property: Plusvalía, The Tax You Shouldn’t Have To Pay
Plusvalia is a local authority tax on the rise in land value. It is paid by the owner when they sell a property and is a major source of funds for municipal authorities all over Spain. [Read more…]
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