Investors Opportunity. Colonial House For Sale In Vegueta

Discover with La Boutique · Canary Real Estate, this property that will open the doors to your next investment.

Located in one of the most demanded areas by tourists in Las Palmas de Gran Canaria. This property, currently used as a city hostel - sustainable hostel. It is a unique opportunity to acquire a business with an ROI of 10%.

The house, built in 1909, is listed in the catalogue of protected buildings for its architectural value. It has been remodelled several times since its construction.

The property has 300 m2 built and distributed over two floors, plus a walkable roof terrace.
On the first floor there is the kitchen, a spacious living room, office, two bedrooms, bathroom for disabled people and bathrooms with showers.

On the first floor there are two large and three small rooms, a laundry room and the staircase leading to the roof terrace.

The house has a typical Canarian construction, with a central courtyard to which solar panels have been added to generate 30% of the necessary energy.

It has two entrances from the surrounding streets.
An additional floor could be built.

Please do not hesitate to contact us for more information.

Expenses and taxes not included in the price. The purchase entails taxes and formalisation expenses. Guideline: second-hand, the buyer will pay 6.5% ITP (depending on personal circumstances) on the taxable base: the highest value between the sale price, appraisal or cadastral reference value. Notary and registration fees approx. 0.3% - 0.8% (fees vary according to price, number of copies and complexity). If you need a mortgage: appraisal and bank costs are borne by the buyer. The agency acts as an intermediary. The sale and its conditions are subject to the seller’s acceptance. Estate agency fees are payable by the seller. Advertisement subject to errors, price changes, omissions and/or withdrawal from the market without prior notice.[IW]