Getting a local mortgage in Gran Canaria requires a fair bit of paperwork. However, interest rates are low and Spanish banks are lending with good conditions. Here’s my guide to getting a Gran Canaria mortgage in 2019. [Read more…]
Every year, I write a guide to the current state of the Las Palmas de Gran Canaria property market and give my predictions for the next 12 months.
IMPORTANT: This article is an opinion piece based on my experience in the Las Palmas property market. It should not be used as a definitive guide to price trends. If you’re considering buying a Las Palmas property, please contact me for a detailed chat about the best options for you. [Read more…]
Online property sellers like Housell now promote themselves in Gran Canaria as an alternative to estate agencies.
They sell themselves as a cheap way to find a buyer that cuts costs by removing the middleman (middlewoman, in my case).
However, what they actually do is charge well over 1000 euros upfront without offering any guarantees at all. [Read more…]
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…]
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…]