The one-bedroom apartment is a good seller in Las Palmas. In recent years the mix of people viewing one-beds has been predictable. Lots of holiday rental investors, some non-residents, and a few first-time buyers and downsizers. Most were bought by the investors.
However, holiday rental investors have stepped back from one-bedroom apartments as there are plenty on the portals. Instead, they buy larger apartments and top floor properties with large terraces.
The people who now view and buy one-bedroom apartments are mainly older local couples looking to downsize. [Read more…]