Property for sale Gran Canaria

Category: Real Estate Investments

come gestire un appartamento per affitti brevi in gran canaria
September 13, 2024 Daniele Piccoli No Comments Real Estate Investments, Short Term Rentals/Tourist Rentals

Mini Guide to Managing an Apartment for Short Rent in Gran Canaria

Running a short-term rental apartment in Gran Canaria can be a lucrative opportunity, thanks to the island’s year-round mild climate, beautiful beaches, and vibrant cultural scene. However, to maximize earnings and ensure a positive guest experience, it is crucial to prepare the apartment optimally and offer services that stand out from the competition. In this detailed guide, you’ll discover how to furnish and manage a short-let apartment in Gran Canaria to attract guests and get positive reviews.

1. How to Furnish an Apartment for Short Rentals in Gran Canaria.

1.1 Choosing a Cozy and Functional Furniture Style

Furnishing is one of the most important aspects of attracting guests and ensuring a comfortable stay. Here are some suggestions on how to furnish your apartment:

  • Mediterranean or Tropical Style: Gran Canaria is a coastal destination, so a Mediterranean or tropical style can be very attractive to tourists. Use light colors such as white, blue and green, and add natural elements such as wood and rattan. Light fabrics such as linen can add a cool, relaxing touch to rooms.

  • Functional Furniture: Opt for furniture that is functional and suitable for small spaces. Sofa beds, folding tables and stackable chairs are great ways to maximize space without sacrificing comfort.

  • Local Decorations: Integrate decorative elements that evoke Canary Island culture, such as local ceramics, paintings by island artists, or photographs of Canary Island landscapes. This will give the apartment a unique and authentic touch.

1.2 Creating Comfortable Spaces

In addition to aesthetics, it is crucial to create comfortable spaces for your guests:

  • Living Area: The living area should be cozy and functional. Make sure you have a comfortable sofa, a flat-screen TV, and high-speed Wi-Fi. If space allows, create a dining area with enough table and chairs for the maximum number of guests.

  • Bedrooms: Quality sleep is essential. Provide comfortable beds with good quality mattresses and fresh, clean bedding. Provide pillows of different densities to suit guests’ preferences. Also provide sufficient storage space, such as a closet or dresser.

  • Equipped Kitchen: Many guests appreciate the opportunity to cook during their stay. Make sure the kitchen is well equipped with the necessary utensils such as pots, pans, cutlery, and small appliances such as microwave, toaster, and kettle. A matching set of plates and glasses adds a neat touch.

  • Clean and Functional Bathroom: The bathroom should be clean and well maintained. Provide good quality towels, soap, shampoo and other essential toiletries. If possible, add a hair dryer and a small first aid kit.

1.3 Details that Make a Difference

  • Lighting: The right lighting can transform the atmosphere of an apartment. Use dim lights in lounging areas and brighter lights in the kitchen and bathroom. Reading lamps next to the beds are a small but appreciated detail.

  • Outdoor Space: If the apartment has a balcony or terrace, furnish it with outdoor furniture such as chairs and a small table. Guests will appreciate the opportunity to enjoy Gran Canaria’s climate outdoors.

  • Extra Accessories: Add small accessories that make the living room more enjoyable, such as extra blankets, decorative pillows, and a few plants to add a touch of life to the rooms.

2. Services to Offer to Distinguish Yourself from the Competition

2.1 High Speed Internet Connection

In an increasingly digital age, a reliable and fast Internet connection is a must. Make sure your apartment has a high-speed Wi-Fi connection. This is especially important if you want to attract remote workers who might choose Gran Canaria as their “workation” destination.

2.2 Self Check-In and Flexibility

Offer the option of self check-in via a key lock box or smart lock. This makes it easier for guests to arrive at their preferred time without having to coordinate a meeting to drop off keys. Flexibility in check-in and check-out times can be a great advantage for travelers.

2.3 Welcome Kit

Welcome your guests with a welcome kit that might include:

  • Maps and Local Guides: Provide island maps and guides with information on attractions, restaurants, and activities to do in Gran Canaria.

  • Snacks and Drinks: A small basket with local snacks, fresh fruit, a bottle of water or a bottle of wine can make guests feel welcome.

  • Toiletries: In addition to the usual shampoos and soaps, you can offer extra products such as conditioner, body lotion, and shaving kits.

2.4 Cleaning and Maintenance

Cleanliness is a crucial aspect. Partner with a professional cleaning service to ensure that the apartment is always in impeccable condition for each new guest. Offer extra cleaning service for guests staying for longer periods, and make sure there are enough cleaning products available in the apartment.

2.5 Assistance and Support

Being available to guests during their stay is critical to answering questions and resolving any problems. Provide an emergency contact number and create a house guide with useful information, such as instructions for using appliances, condo rules, and useful numbers (e.g., cab, hospital, etc.).

2.6 Activities and Local Councils

A great way to stand out is to offer personalized recommendations on activities to do in Gran Canaria. Partner with local tour operators to offer discounts or exclusive packages to your guests, such as boat trips, surf lessons, or guided tours. Create a small guidebook within the apartment with suggestions on restaurants, lesser-known beaches, and places of cultural interest.

3. Marketing Strategies and Reservation Management

3.1 Professional Photographs

Invest in professional photographs of the apartment. High-quality images are key to attracting the attention of guests on short-term rental platforms such as Airbnb e Booking.com. Make sure the photos show the rooms clearly, brightly and welcomingly.

3.2 Description of the Ad.

Create a detailed and engaging description of the apartment. Highlight strengths such as location, amenities offered, and nearby attractions. Use relevant keywords such as “sea view,” “within walking distance to the beach,” or “renovated apartment” to improve visibility in searches.

3.3 Competitive Pricing

Do market research to establish a competitive rate. Monitor the rates of similar apartments in your area and adjust prices according to season and demand. Consider offering discounts for extended stays or special promotions during off-season periods.

3.4 Managing Reviews

Reviews are crucial to the success of a short-term rental. Encourage satisfied guests to leave a review and always respond to feedback, both positive and negative, in a professional and courteous manner. Positive reviews help build a good reputation and increase future bookings.

Entrust Your Apartment to Our Management Method for Short Term Rentals: Make Money Without Worries

Entrusting your apartment in Gran Canaria to our management method for short rentals means having the peace of mind of a complete service, designed to maximize your earnings without making you worry about anything. We take care of everything: from preparing the apartment to make it welcoming and attractive, to promoting the listing on the main short rental platforms, ensuring maximum visibility and constant bookings.

We manage every aspect of hosting guests, providing impeccable service that results in positive reviews and satisfied guests. We take care of cleaning, maintenance, and service throughout your stay, allowing you to enjoy the profits without the stress of day-to-day management. With our method, we adjust rates dynamically to ensure that your apartment is always at its maximum earning potential.

If you want to entrust your apartment to a team of professionals who will take care of every detail, from A to Z, click here and find out how we can help you turn your property into a secure and worry-free source of income.

August 14, 2024 Daniele Piccoli No Comments Legislation/Laws, Real Estate Agent / Property Finder in Gran Canaria, Real Estate Investments

Buying House in the Canary Islands

The Best Choice for Buying Home in the Canary Islands: Rely on a Real Estate Agent Enrolled in the RAIC

Buying a home in the Canary Islands can be an exciting and beneficial opportunity, but it is critical to make an informed choice about the professionals who will guide you through the process. Contacting a real estate agent registered in the RAIC (Canary Islands Register of Real Estate Agents) is the safest and most beneficial decision. This official registry, maintained by the Canary Islands government, certifies the competence and reliability of real estate agents operating in the islands. However, it is essential to beware of industry “gurus” who often show up on social media with misleading offers.

What is RAIC?

The RAIC is an official registry run by the Canary Islands government that certifies real estate agents authorized to operate in the archipelago. Being registered with the RAIC means that the agent complies with all legal and professional regulations, thus ensuring a high level of competence and reliability.

Benefits of Choosing a RAIC Enrolled Agent.

-Guarantee of Competence:

Agents registered in the RAIC have demonstrated that they have the qualifications and skills to handle real estate transactions professionally.

-Legal Protection:

Registration in the RAIC ensures that the agent follows strict ethical and regulatory standards, providing greater legal protection and reducing the risk of malpractice.

-Reliability:

Agents registered with RAIC have access to official resources and support, increasing their ability to handle transactions with transparency and professionalism.

Beware of False Professionals and Social Media "Gurus"

In the Canary Islands real estate market, it is critical to pay attention to real estate “gurus” who often use social media to attract investors’ attention. Here are some warning signs:

Fuortive Videos:

Many of these gurus post catchy videos on social media with the apparent intent of providing informational value. However, these videos often serve primarily to pre-attract investors by offering superficial and general content. The videos may look impressive, but they lack concrete and verifiable details.

Absence of Concrete Testimonies:

Gurus often do not present real testimonials from satisfied clients or verifiable case studies. Their claims may appear enticing, but without tangible evidence of real successes or customer feedback, they are not reliable.

Confusing Patterns and Statistics:

To impress and confuse investors, these gurus show complicated diagrams, calculations, and real estate statistics that may seem technically advanced but are poorly understood by those without a solid background in the field. These tools can be used to give an air of expertise without offering truly useful information.

Sale of Expensive Packages:

The real goal of many of these gurus is to sell consulting packages at outrageous prices. These packages often offer no real added value and are full of “hot air.” Investors can end up spending a lot without getting useful or practical advice.

Acquiring Information Without Cost

It is important to know that you do not need to purchase expensive consulting packages to obtain information about the Canary Islands real estate market. Real estate agents registered with the RAIC offer free consultations and can provide you with all the information you need without requiring upfront payments. Turning to certified professionals allows you to get solid data and advice without the risk of unwarranted fees.

How to Verify Registration in the RAIC

Online Verification:

Check the official website of the RAIC or contact the relevant agency directly to confirm the real estate agent’s registration.

Request Documentation:

Ask the agent to provide you with proof of his or her registration and professional certifications.

My Commitment As a Registered Professional in the RAIC.

I would like to emphasize that I am a real estate agent duly registered in the RAIC. This means that I comply with all regulations and professional standards required to operate competently and reliably in the Canary Islands real estate market. My goal is to provide a transparent and high-quality service, helping you make informed and confident decisions without the need to resort to expensive consulting packages or tempting but misleading offers from social media “gurus.”

Conclusion

Investing in real estate in the Canary Islands can be a great opportunity, but it is essential to make informed choices about real estate professionals. Turning to an RAIC-registered real estate agent offers expertise, reliability and legal protection. Be wary of expensive consulting packages and social media “gurus” who offer only talk and confusing schemes without hard evidence. Always check the credentials of professionals and choose carefully to ensure a safe and satisfying buying experience. If you have any questions or need assistance, I am here to offer professional support and advice.

Take advantage of Free Real Estate Consultation

Whether you are a first-time buyer, an experienced seller or an investor looking for new opportunities, we are here to guide you through every step of the real estate process. Take advantage of our experience and market knowledge to make informed decisions and get the best results.

Spanish Tel. +34 635632009 Italian Tel. +39 3518711203

info@propertyforsalegrancanaria.com

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August 13, 2024 Daniele Piccoli No Comments Real Estate Investments

Why Invest in Real Estate in the Canary Islands: A Detailed Guide for Investors

The Canary Islands, a volcanic archipelago located in the Atlantic Ocean off the northwest coast of Africa, represent one of the most fascinating and strategic destinations for real estate investment. These islands, which include Tenerife, Gran Canaria, Lanzarote and Fuerteventura, not only offer breathtaking views and an ideal climate, but are also a hub for international business and investment opportunities. Here is an in-depth overview of why buying a home in the Canary Islands could be a profitable choice for your real estate business.

1. Excellent Climate All Year Round

The Canary Islands are known for their extraordinary climate, which is notable for its constancy and moderation. Average annual temperatures range between 18°C and 24°C, creating ideal conditions for year-round outdoor living. This subtropical climate is influenced by ocean currents and the geographical features of the archipelago, which ensure continuous spring weather without temperature extremes.

This climatic stability has a significant impact on real estate demand. Properties in the Canary Islands are particularly in demand by those seeking a permanent residence in a temperate environment, away from the harsh winter seasons of mainland Europe. Vacation rentals enjoy steady demand, as tourists can enjoy a comfortable stay at any time of the year. In addition, the favorable climate contributes to the preservation and enhancement of properties, reducing maintenance costs associated with extreme weather conditions.

2. Sustained Tourist Demand

The Canary Islands are one of the most popular tourist destinations in Europe, welcoming more than 16 million visitors each year. This influx of tourists is bolstered by the islands’ natural beauty, their unique volcanic landscapes, golden sandy beaches and crystal clear waters. Attractions such as Teide National Park in Tenerife, with its majestic volcano, and the spectacular Maspalomas dunes in Gran Canaria, attract visitors from all over the world.

Strong tourism demand is resulting in a growing demand for temporary accommodations, from luxury resorts to vacation apartments. Short-term rental platforms, such as Airbnb and Booking.com, show high occupancy for vacation properties, with bookings extending throughout the year. Investing in a vacation rental property can generate an ongoing and significant income stream, taking advantage of the regular influx of tourists and the archipelago’s growing popularity as a travel destination.

3. Tax Advantages and Economic Incentives

The Canary Islands offer a particularly advantageous tax environment for real estate investors due to their special tax legislation. The archipelago benefits from a different tax regime than the rest of Spain and the European Union, known as the Canary Islands Special Zone (ZEC). This regime provides for a reduced VAT rate, known as IGIC (Canary Islands Indirect General Tax), which is significantly lower than the VAT charged in Spain and other European countries.

In addition, the Canary Islands offers tax breaks for investments in strategic sectors such as tourism and renewable energy. Incentives include tax breaks for businesses, financing for environmentally sustainable projects, and tax breaks for tourism-related activities. These benefits reduce overall investment costs and improve profitability. Tax relief is an important resource for investors, as it can increase the return on investment and facilitate entry into the local real estate market.

4. High Quality of Life

The Canary Islands offer a high quality of life, combining excellent services and a pristine natural environment. The islands have top-notch health facilities, with hospitals and clinics that meet European standards and offer quality health care. For families, there are international and bilingual schools that provide excellent education for children, helping to make the Canaries an ideal destination for long-term residents as well.

Life in the Canary Islands is characterized by a leisurely pace and a strong connection to nature. The islands offer a wide range of recreational activities, from hiking in nature parks to water activities such as surfing and snorkeling. Urban centers are equipped with modern infrastructure and high-quality services, while small towns and villages offer a relaxed and welcoming atmosphere. This balance between modernity and the natural environment contributes to a superior quality of life and makes the Canary Islands an ideal place to both live and invest.

5. Continued Growth of the Real Estate Market

The housing market of the Canaries has experienced steady growth in recent years, with significant increases in property values. This trend is supported by a combination of factors, including increased demand from international investors, expansion of the tourism sector, and regional economic growth.

The housing market is characterized by a variety of options, from luxury villas to more modest homes, thus catering to different market segments. New construction and renovation projects are enriching the housing supply, helping to meet growing demand. Relatively low interest rates and purchase-friendly policies are further incentivizing investment. Investing in the Canary Islands today could be particularly profitable, with the potential for substantial gains in the future due to continued property appreciation and market expansion.

6. Strategic Position for International Business

The Canary Islands are strategically located between Europe, Africa and Latin America, making them an ideal hub for international business activities. This geographic location allows companies to access global markets and take advantage of trade and investment opportunities.

The islands are well connected to the rest of the world via international airports and modern seaports. Frequent air connections to major European and global cities facilitate international trade and travel. In addition, the Canaries offer advanced digital connectivity that supports modern business operations and telecommuting. This combination of physical and digital accessibility makes the Canaries an excellent base for businesses seeking to expand their international reach and optimize their global operations.

7. Political and Economic Stability

As an autonomous community of Spain, the Canary Islands benefit from a stable political and economic environment. Local governance is characterized by efficient administration and transparent legislation that provides a safe environment for investment. The legal system is well defined and offers adequate protection of property rights, ensuring that investors can operate with confidence and security.

The Canary Islands’ economy is diversified and well-structured, with key sectors such as tourism, agriculture and services contributing to economic growth. Economic stability is supported by sound fiscal and financial policies that reduce the risks associated with investment and provide a predictable and favorable environment. This political and economic security is essential for investors seeking to establish or expand their long-term operations in the Canary Islands.

Conclusion

Investing in real estate in the Canary Islands offers a unique combination of advantages that can translate into significant real estate successes. The favorable climate, strong tourist demand, tax advantages, and continued growth in the real estate market are just some of the reasons why the Canary Islands are an excellent choice for investors. The strategic location and political and economic stability complete the picture, offering opportunities to make fruitful and sustainable investments.

If you are ready to explore real estate investment opportunities in Gran Canaria and the other islands of the archipelago, contact me for more information. You can fill out the form below or call Daniele Piccoli at

+39 3518711203 or at +34 635632009

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August 10, 2024 Daniele Piccoli No Comments Real Estate Agent / Property Finder in Gran Canaria, Real Estate Investments

Do you have a Property in Gran Canaria and want to sell it? Our Agency can handle its sale even if you are not on the island.

Fast and Stress-Free Sale: The Ideal Solution for Remote Owners

If you wish to sell a property in Gran Canaria but are not physically on the island, our agency offers a practical and secure solution to manage the distance sale through notarized power of attorney or minutes. This article is dedicated exclusively to distance selling and explains why it is essential to rely on an experienced and recognized agency to handle the sale under these conditions.

Quick Sale, Immediate Payment and Insurance Protection:

By relying on our agency, you will be assured of a quick and uncomplicated sale. Unlike other agencies, we specialize in distance selling, and thanks to our experience and network of contacts, we can guarantee an efficient and fast process. After the sale contract is signed, the funds raised from the sale will be transferred directly to your account the same day the sale is completed. In addition, all sales are protected by insurance, providing additional security for you throughout the process. This approach ensures that the sales process is quick, smooth and secure, minimizing waiting time and ensuring that you receive payment in a timely and protected manner.

Simplified and Safe Procedure:

Once you have decided to proceed, we will send you the Contrato de Arras Penitenciales, which is the equivalent of a sales compromise, to be signed through a certified and regular app. This document serves to confirm the agreement between the parties and officially reserve the property. In addition, new buyers must immediately pay 10 percent of the sale price as a deposit to secure the purchase. This partial payment confirms the buyers’ commitment and facilitates the sale process, ensuring a secure reserve for your property. We will also take care of retrieving all documents necessary for the preparation of the deed, including:

Updated Simple Note

Verification of pending loads on the property

Certificate from the condominium that there are no overdue expenses

Certificate for payment of Plusvalía Municipal, Payment of I.B.I. and BASURA throughout the year as required by law

Comprehensive Bureaucratic Management:

Daniele Piccoli will be directly involved in the final stage of the sale. On the day of the deed, Daniele will personally check and sign the sales contract, ensuring that all procedures are carried out in accordance with the law and that all documents are correct. This ensures stress-free and completely transparent handling for you, avoiding additional issues and complications.

Network of Contacts and Investors:

Our agency has an extensive network of contacts, consisting of associates and investors interested in investing in Gran Canaria. This network allows us to sell your property quickly, finding motivated buyers ready to make an investment on the island. Our established network significantly increases the likelihood of a quick and profitable sale.

Saving Time and Stress:

By relying on an experienced agency, such as ours, you avoid the hassle of handling all the paperwork and communications necessary to complete the sale. This allows you to focus on other aspects of your life without worrying about the complexities of distance selling.

The Importance of the Exclusive Sales Mandate

Many homeowners who intend to sell their home are convinced that entrusting its sale with an exclusive mandate to a single agency can reduce both the likelihood of success and the value of the property. This belief is often the result of a misunderstanding of the mechanisms of the real estate market and can lead to negative consequences, both in terms of money and time and effort expended.

To fully understand the benefits of the exclusive sales mandate, it is essential to know what it entails. It is a formal assignment, signed by contract, in which the owner entrusts a single agency with the task of selling the property. The agreements between the parties include essential aspects such as the minimum price agreed upon for the sale, the commission paid to the agency, and the non-compete agreement, which prevents the seller from selling the property alone or through other agencies without paying the commission to the exclusivist agency.

The Advantages of Relying on a Single Point of Contact

Entrusting the sale to a single real estate agency makes it possible to create a “win-win” agreement between seller, agency, and buyer. The agency, in this case, manages the entire process: from advertising the property, to managing viewings, to negotiating offers. This makes it possible to achieve a successful outcome, with the sale of the property at a fair price for both parties.

The Importance of Interagency Collaboration.

Entrusting an exclusive mandate does not mean precluding the possibility of selling the property through other agencies. On the contrary, by choosing an agency that is part of an association, such as Acegi in Gran Canaria, the property will be advertised through a network of reliable and professional agencies, greatly expanding the pool of potential buyers, but always within strict rules and with the utmost seriousness.

A Case Study: The Importance of Exclusivity

A concrete example of how a nonexclusive assignment can damage the sale concerns a property in Gran Canaria, where multiple agencies had access to the keys and offered different prices. This led to confusion among buyers, who were faced with a fragmented and unprofessional image of the property. In the end, no one bought and the property remained unsold, demonstrating how a lack of exclusivity can lead to failed negotiations.

Conclusion

Selling a property seriously and at the right price requires relying on a single agency, operating on an exclusive basis. This method avoids the scattering of offers, discordant prices and conflicting advertisements that can confuse and discourage potential buyers. This is the only way to convey an image of seriousness and professionalism, which is essential for a successful sale.

If you are thinking of selling your property in Gran Canaria and want to do so without stress and wasted time, contact us for a free inspection and valuation. Trust the experience and expertise of Daniele Piccoli, the only Italian real estate agent registered in the RAIC, with Number 0000049A and a recognized professional on the island’s real estate market.

miglior consulente immobiliare alle canarie
Registered Real Estate Agent Identification in the Raic Daniele Piccoli
August 7, 2024 Daniele Piccoli No Comments Real Estate Investments

Investing in Las Palmas or Southern Gran Canaria?

Investing in Las Palmas: the risks for real estate investors. Find out why putting real estate into income in the city may not be cost-effective.

Let me preface by saying I have nothing against Las Palmas…in fact I love it! I have all my friends who live in the North, I spend almost all my weekends there, I like walking in Las Canteras, shopping at Corte Inglès, biking on Avenida Maritima, getting lost in the little alleys of Vegueta and Triana but…my money and my investors’ money would not spend it on real estate to put into income!

Buying in Las Palmas means investing in a market that is far from rich! in what sense? in the sense that in Las Palmas tourist properties are rented mainly to young people, to people who want to get to know the city a little bit for a few weeks or months perhaps taking a Spanish course on the fly, or for those looking for a fortune …credit where credit is due!

But to make money from short- or medium-term rentals YOU NEED TO BUY IN THE SOUTH!

Have you ever seen dozens of couples over from northern Europe spending 3-4 weeks or even months in Las Palmas in winter? I really few…if any…and it is the northerners who have the highest number of winter vacation days! It is Northerners who receive government subsidies to go on vacation! It is the Nordics who are the richest retirees in Europe! (Germans, Norwegians, Swedes, Finns, Icelanders, Irish, English, etc.).

Try coming to Puerto Rico or Maspalomas in November …..i Pubs and Karaoke blow up!!! Beaches are sold out and at night for a cab you have to wait and wait …. so?

Have you ever strolled in November in Las Canteras after 10 pm? there are you and the sea…wonderful let alone but have you ever seen hordes of tourists singing , dancing, drinking late into the night? Me in 10 years never!!!   A few at the famous and only pub in the area … but very few and all mainly young …

Short-term rentals are tourist rentals, and whether you love it or hate it, the TOURIST ZONE OF GRAN CANARIA IS THE SOUTH! There is little to do…

Winter bookings have already exploded and many apartments that I exclusively manage are sold out with mind-boggling prices per night….and the names of the tourists are all unintelligible !!!
I have all the bookings even from past years that prove how worthwhile and profitable an investment is in the South in the short- or medium-term rental business..and no law and no Guru will ever be able to stop winter tourism in the heat…and if we really want to put it bluntly…not even summer tourism!

In fact, this year as never before even in summer the South of the island appeals to tourists, certainly influenced by the unfortunately difficult situation in the Middle East area…but also because in Las Palmas there is panza de burro (donkey belly)!!! clouds, clouds and clouds almost every day…

SO LISTEN TO THE NUMBERS and not to the Gurus with videos on Tik Tok, Facebook, YouTube, etc., who try to convince you with strange theories about the advantages of buying a property to put income with tourism in northern Gran Canaria!

But then sorry, and I will conclude, you if you were to go on vacation to the sea, would you choose a studio apartment in a building in the middle of traffic and smog with a cool, cloudy and windy climate in the winter, or a bungalow with a garden, an apartment with a terrace overlooking the sea in quiet San Agustin or up in Puerto Rico with one of the best microclimates in the world and year-round sunshine?

Look a bit on Idealista…how many tourist apartments for sale are there in Las Palmas with photos of towels on the beds and bottles of sparkling wine on the snack top…and how many are there in the South?? very few! and ask yourself two questions no! I don’t sell if I know it makes me! (in a few cases you sell for other reasons for sure, even I have cases of apartments for sale in the south for personal reasons even serious ones of the owners..but these are exceptions)

You be the judge … I meanwhile enjoy reading and sneer to myself …

If you are interested in Investing in Gran Canaria please contact me.

Daniele Piccoli +34 635 632 009 +39 351 871 1203

July 20, 2024 Daniele Piccoli No Comments Luxury Real Estate, Real Estate Investments, Uncategorized

New Build Luxury Villas for Sale in Southern Gran Canaria: Your Dream Home from €608,000

New Build Villas in Southern Gran Canaria: Experience Luxury from €608,000 to €2,300,000

Imagine waking up every day in the comfort of a luxury villa, with the Canarian sun lighting up your beautiful garden and private pool. This dream can become a reality with the new build villas in southern Gran Canaria, available from €608,000 to €2,300,000, depending on the size, finishes, and customizations.

new build villas gran canaria

Exclusive New Build Villas in the Prestigious Salobre Golf Resort

Our villas represent the perfect combination of modern elegance and practicality, designed to offer you a lifestyle without compromise. Located within an exclusive villa-only resort in the renowned Salobre Golf area, these homes are nestled in a luxurious and tranquil environment, perfect for those who value quality of life and golf.

The villas are already under construction and offer the unique opportunity to be purchased off-plan, with the advantage of obtaining a significantly lower purchase price than the final market value. By purchasing off-plan, you can save up to 30% compared to the market price once the villa is completed. Additionally, you have the opportunity to customize your villa according to your tastes and needs, and benefit from a potential increase in property value, making it a great investment. You can resell it in the future at a higher price, thus maximizing your profit.

The new build villas are available in various configurations to suit every need:

Villas with 2 bedrooms: With a built area of 98.33 sqm, these villas offer well-distributed spaces and a cozy environment, ideal for those looking for a functional and refined home.

Villas with 3 bedrooms: They offer a variety of sizes ranging from 111 sqm to 229 sqm, providing generous and versatile spaces, perfect for families of different sizes or those who love large, bright environments.

Villas with 4 bedrooms: With a built area of around 350 sqm, these villas offer luxurious living spaces, ideal for those seeking the ultimate in comfort and privacy.

Every detail of these villas has been designed to offer you the utmost comfort:

Private pool: An oasis of peace and relaxation in your garden, where you can enjoy the sun all year round.

Private garden with automatic irrigation: A perfectly maintained green area without the worry of upkeep. The automatic irrigation system will keep your garden lush and always in perfect condition.

Spacious terrace and porch: Perfect for outdoor dining, relaxation, or hosting friends and family.

Private parking: Direct access to your villa for maximum convenience.

Fully furnished kitchen: Designed with modern, high-quality furniture, ready to be used from day one.

Already Built Villas with 5 Bedrooms: Complete Elegance and Comfort

In addition to the new constructions, we also have already built villas within the same prestigious resort, available in various price ranges. These homes include options with up to 5 bedrooms, and each is equipped with:

Private parking: Every 5-bedroom villa has ample private parking for your convenience.

Pool: Enjoy a private pool, ideal for relaxing and having fun with family and friends.

Customize Your Villa with Luxury Extras

The villas, whether new or already existing, can be further enhanced with a range of optional extras that add a touch of luxury:

Bioclimatic pergola: An element that not only aesthetically enhances your terrace but also allows you to regulate the temperature and protect yourself from the sun and wind.

Air conditioning: Enjoy perfect climate control in every season.

Pool heating: Keep the water temperature ideal all year round, for unparalleled comfort.

These extras allow you to make your new home truly unique, reflecting your personal style and needs.

new luxury homes gran canaria

Comprehensive Management and Maintenance Services

Our agency doesn’t just facilitate the purchase of your villa but also offers a comprehensive management and maintenance service to ensure that your property is always in perfect condition, even when you’re not occupying it. Among the services included:

Pool maintenance: Regular upkeep of the pool to ensure cleanliness and optimal operation.

Garden care: Continuous maintenance of the garden, including the automatic irrigation system, to keep the green area always well-kept.

General villa maintenance: Inspection and care of the living spaces and systems to ensure everything functions perfectly.

We also offer:

Mid-term rental management: Optimize the use of your villa by renting it out during unoccupied periods.

Short-term tourist rentals: Increase your income with short-term rentals.

Tax management: We take care of tax payments and all fiscal aspects related to your property.

Remote purchase through power of attorney: We facilitate the purchase even if you can’t be physically present.

Income tax filing and more: We offer complete assistance for all administrative and tax needs.

Contact Us

To discover all the opportunities and services we can offer, visit our website www.propertyforsalegrancanaria.com. The owner, Daniele Piccoli, and our expert team are at your disposal to guide you through every step of the purchase process and ensure a stress-free experience.

Purchase a villa in southern Gran Canaria with the assurance of complete and personalized service, and start living the luxury you deserve. Contact us today to find out how you can become the owner of one of the most exclusive villas in southern Gran Canaria. Your new luxury life awaits!

Daniele Piccoli +34 635632009

info@propertyforsalegrancanaria.com

July 15, 2024 Daniele Piccoli No Comments Real Estate Investments

Investing in the Canary Islands 2024

The Canary Islands end 2023 with nearly a million more foreign tourists than before the pandemic.

The Canary Islands received a total of 14.1 million foreign tourists in 2023, confirming their tourism record, according to figures released yesterday by the Canary Islands government and based on Aena passenger figures.

The figure represents the closing of the fiscal year with nearly one million more visitors than in the pre-covid period in 2019. In percentage terms, the increase is 6.9 percent

The island of Gran Canaria, for its part, received 80,000 more people than in 2019.

With the 2023 figures, the British market emerges as the bastion of Canarian tourism, with about 5.7 million people arriving in 2023, meaning that roughly 4 out of every 10 foreigners landing in the islands are British.

Despite the complicated economic times facing most of the planet, people still consider travel a fundamental pillar of their lives and, according to hotel industry sources, prioritize it over other material goods, such as buying a new car.

This new mindset, coupled with the archipelago’s weather conditions, which have been even warmer this past year; the diversion of tourists who normally go to countries such as Egypt, Turkey or Tunisia because of the conflicts in the Middle East have allowed the Canary Islands to continue to be one of Europe’s tourism powerhouses.

Enaire, the national air navigation operator, recorded an all-time record for flight handling in 2023 with about 2.2 million flights statewide, a 10 percent increase over 2022. Of this total, 8.1 percent was handled by the Canary control center, with 380,004 flights. Of these, 180,482 flights were international, an increase of 7 percent; 159,464 were domestic, an increase of 7.7 percent; and 40,058 were overflights, an increase of 16.2 percent. It continues to be one of Europe’s tourism powerhouses.

Statistics show that the new season could bring even more tourists, further cementing the Canary Islands’ reputation as a top destination.

This steady growth in tourism creates a growing demand for accommodations, both short and long term. Investors can take advantage of this demand by purchasing properties to rent to tourists, thus ensuring a stable and profitable revenue stream. In particular, vacation homes (Viviendas Vacacionales) saw a 50 percent increase in bookings over previous years, demonstrating a robust and growing demand for this type of accommodation.

Growing Real Estate Market

That said, the Canary Islands, have been emerging for several years now as an increasingly attractive destination for international real estate investors, especially Italians. This interest is fueled by a number of significant economic advantages that the Canary Islands offer over Italy, making them a preferred choice for those seeking to diversify their real estate portfolio. Italian investors find opportunities in the Canary Islands particularly attractive due to cultural and linguistic familiarity, as well as favorable economic conditions.

Lower Costs of Real Estate Investment in the Canary Islands than in Italy

Climate and Lifestyle

In addition to the financial aspects, the Canary Islands offer a year-round temperate climate and a spectacular natural environment, making it a desirable destination not only for investment but also for those looking for a second home or a place to retire. These factors help keep the Canary real estate market dynamic and attractive to a wide range of buyers.

Purchase Costs and Taxes

One of the main advantages of the Canary Islands over Italy is lower acquisition costs and a more favorable tax burden for investors. In Italy, real estate investments are often burdened with high costs, including purchase taxes and other legal fees. The Canary Islands, on the other hand, has a more favorable tax regime, with generally lower purchase taxes than many Italian regions. In addition, property taxes and real estate income taxes can be less onerous, offering investors the opportunity to maximize net returns.

When comparing the costs of buying a home in the Canaries with those in Italy, significant differences emerge that make the Canaries a more advantageous option for many investors.

Italy: In Italy, property purchase taxes can be high and vary depending on the nature of the purchase (first home, second home, investment). The registration tax, mortgage tax and cadastral tax can add up to 10-12% of the declared purchase price.

Canary Islands: In the Canary Islands, purchase taxes are generally lower than in Italy. The property transfer tax (ITP), which corresponds to the registration tax in Italy, is usually lower and can range between 6 percent and 8 percent depending on the value of the property. In addition, the Canary Islands offer tax exemptions for first-time homebuyers and other concessions that can further reduce the tax burden.

Notary and Legal Costs

Italy: Notary and legal costs in Italy are traditionally higher than in other jurisdictions. Italian notaries charge fixed fees that can be proportional to the purchase price of the property, adding a significant cost to the overall transaction.

Canary Islands: Although notary and legal costs in the Canary Islands can vary, they tend to be lower than in Italy. This can be attributed to lower notary fees and a legal structure that can be less complex than the Italian system.

Property and Maintenance Taxes

Italy: Annual property taxes in Italy (IMU) can be significant, and must be considered as ongoing costs in addition to the initial purchase. In addition, property maintenance and management in Italy can incur higher costs due to local regulations and legislation.

Canary Islands: Annual property taxes in the Canary Islands (Impuesto sobre Bienes Inmuebles – IBI) tend to be less onerous than the Italian IMU. Property maintenance and management costs can also be lower due to the mild climate and weather conditions that require less maintenance than in more continental regions.

The quick resale of the property

Investors who purchase property on the island often see an increase in property value within a few years, allowing them to realize a significant ROI. Unlike the Italian real estate market, where sales times can be longer and price trends more stable, Gran Canaria offers a more dynamic environment that adapts quickly to global market fluctuations. Investors who choose to buy here not only enjoy potential long-term capital growth, but also the ability to resell their properties relatively quickly and with a positive financial return

Conclusions

Investing in real estate in the Canary Islands can offer a number of significant economic advantages over buying in Italy. From lower purchase costs and less burdensome taxes to lower notary and legal fees, the Canary Islands have become an attractive choice for Italian investors seeking to expand their real estate portfolio abroad. These advantages combined with a growing market and favorable environment make the Canaries a promising destination for anyone interested in international real estate investment.

Daniele Piccoli

Maspalomas July 15, 2024

August 2, 2023 Daniele Piccoli No Comments Real Estate Investments, Uncategorized

DIFFERENCE BETWEEN FLIPPING AND REAL ESTATE TRADING IN THE CANARY ISLANDS

REAL ESTATE TRADING VS. REAL ESTATE FLIPPING

If you are passionate about real estate and are trying to approach the world of real estate investment, it is important to know the different strategies available. Two of the most popular are “Real Estate Trading” and “Real Estate Flipping,” both of which aim to generate profits through real estate transactions. In this article we will explore the key differences between these two strategies, helping you understand which one might be best for you.

investitori immobiliari italiani

1ST DEFINITION.

REAL ESTATE TRADING

Real estate trading, also known as “house flipping,” involves buying a property at a discounted price, renovating or improving it, and then selling it at a higher price within a short period, usually a few months. The goal is to take advantage of rapid increases in value and make a significant profit from the sale.

FLIPPING REAL ESTATE

Il Flipping Real Estate is a strategy similar to real estate trading, but with one key difference. Instead of selling the newly renovated property, the investor keeps the property and rents it out to generate long-term cash flows. In addition, Real Estate Flipping often involves a greater emphasis on improving the property and creating a high-quality end product to attract high-ranking tenants and maximize returns.

2ND INVESTMENT PERIOD

REAL ESTATE TRADING

This strategy involves a relatively short investment period, usually a few months to a year. Investors seek to sell the property quickly once renovations are completed to maximize short-term profits.

FLIPPING REAL ESTATE

Flipping Real Estate involves a longer investment period. Investors aim to generate long-term cash flows by renting out the renovated property, which means they keep the property for a longer period, often from a few years to many years.

3RD RISK AND RETURNS

REAL ESTATE TRADING

Real estate trading can offer high profits in a relatively short period of time, but it also carries higher risks. If the real estate market experiences a downturn or renovation costs exceed forecasts, the investor could incur significant losses.

FLIPPING REAL ESTATE

Real Estate Flipping, while offering a stable long-term return through renting, may not generate as high an initial profit as real estate trading. However, it also reduces short-term risk, as the investor has the opportunity to earn monthly cash flows from the property through rentals .

4º FINANCIAL CAPABILITIES AND SKILLS

REAL ESTATE TRADING

This strategy requires significant upfront capital to quickly acquire and renovate the property. In addition, the investor should have a good understanding of the local real estate market and project management skills to complete renovations efficiently.

FLIPPING REAL ESTATE

Anflipping Real Estate also requires an initial investment to purchase the property and finance improvements. However, as the property is rented, the investor should also have property management skills to maintain the property, manage tenants, and address any maintenance issues.

In conclusion, Real Estate Trading and Real Estate Flipping are two different strategies, both with advantages and challenges. The choice between the two will depend on your financial goals, your financial readiness, your skills, and your risk appetite. Before embarking on any real estate investment, it is essential to do thorough research, consult with industry professionals, and carefully consider which strategy best suits your financial needs and aspirations.

If you are interested in applying either of these two real estate investment strategies on the island of Gran Canaria, I will be happy to join you by providing all my knowledge and experience gained from years of working in the local real estate industry. You will also be able to join my method “The Real Estate Investors Circle” focused on the Short or Medium Term Rental Business resulting from a real estate investment with one of the two strategies of Flipping or Real Estate Trading.

Please do not hesitate to contact me at my contact details to evaluate together the best way forward to make your real estate investment in Gran Canaria safe, profitable and guaranteed.

THE STRENGTH OF AN INVESTMENT IS NOT THE 'PROPERTY,
BUT WHO WILL BUY IT!
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June 1, 2023 Daniele Piccoli No Comments Real Estate Investments

DOES INVESTING IN THE CANARY ISLANDS PAY OFF?

WHY DO MANY REAL ESTATE INVESTORS PREFER TO INVEST IN THE CANARY ISLANDS THAN IN THE REST OF THE WORLD?

There are several reasons why a real estate investor might consider investing in Gran Canaria or the Canary Islands in general. Here are some of the main reasons:

  1. Tourism: The Canary Islands are one of the most popular tourist destinations in Europe. Every year, millions of tourists visit these islands to enjoy the subtropical climate, beaches, outdoor activities and relaxed atmosphere. This creates a strong demand for tourist accommodation, such as apartments, vacation homes and hotels, offering stable investment opportunities in tourism real estate.

  2. Favorable climate: The Canary Islands enjoy an exceptionally pleasant climate year-round, with average temperatures ranging between 20°C and 30°C. This climate attracts many visitors during the winter, seeking warm and sunny weather. The attractiveness of a pleasant climate contributes to the stability and demand for tourist accommodation, encouraging real estate investment.

  3. Taxes and tax incentives: The Canary Islands offer attractive tax advantages for real estate investors. For example, there is preferential taxation on Personal Income Tax (IRPF) and Corporate Income Tax (IS), as well as reduced Value Added Tax (VAT) for tourism activities. These tax incentives can make real estate investments more profitable and attractive.

  4. Political and economic stability: Spain, of which the Canary Islands are a part, is a democratic country with a stable economy. This provides a favorable environment for real estate investment, ensuring a stable legal framework and clear rules for foreign investors.

  5. Real estate growth: The real estate sector in the Canary Islands, and particularly in Gran Canaria, is growing steadily. There are many opportunities for real estate development, both for new construction and renovations. In addition, there are several expanding tourist and residential areas that offer attractive investment opportunities.

  6. Quality of Life: The Canary Islands offer a high quality of life, with a unique combination of natural landscapes, beaches, outdoor activities, and modern infrastructure. People looking for a home to live there full-time or to spend their vacations can benefit from a pleasant environment and a wide range of services and recreational activities.

Of course, as with any real estate investment, it is important to conduct a careful market analysis and assess the risks and potential returns before making a decision.

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Daniele Piccoli

May 19, 2023 Daniele Piccoli No Comments Real Estate Investments

BUYING REAL ESTATE OR INVESTING?

BUYING OR INVESTING IN THE REAL ESTATE MARKET IN GRAN CANARIA THE DIFFERENCE IS RELEVANT 

When I interface with people who contact me for information about the real estate market on the island of Gran Canaria, the first question I ask them is: do you buy for personal use or for investment?

For many the question may seem strange because a real estate purchase is often confused with a real estate investment, but the two differ and not a little!

If I buy a property and block a certain amount for this transaction and then use the house for myself, for my family, for my vacation, etc., I have not made an investment, I have made a purchase; it is different if I buy a property so that it generates income for me and does not remain a blocked amount that only generates expenses for me even though I use it.

This difference is not grasped even by “improvised or handyman” real estate agents because they don’t care if the person who comes to their office wants to buy to live there, to rent long term, for own vacation or for short rent….they only care about getting the commission…and everything else who cares!

This is why I tend to distinguish myself from the mass of agents real estate and indeed I do not identify with them at all, I call myself more of a Property Finder, a person who searches for properties suitable for the use that the potential buyer wants to make of it and not necessarily what I have available even if I do not think it is suitable for the use, or any property, in any area as long as it pays!

If in fact you want to buy to live then you will opt for residential areas, convenient to services, that do not have disproportionate prices per square meter having to be large enough anyway (unless you want to live in a hole) and not necessarily in financially liquid areas, avoiding purely tourist areas all the more so today in light of the events known to all that have led to fines being levied against those who reside in tourist areas and in complexes dedicated to tourism.

If, on the other hand, one wants to buy to rent long term therefore with a “secure” income ( having luck that the tenant pays) and without particular constraints regarding licenses, permits and local laws regarding tourist rentals, then one will have to opt for areas where there is demand for long term rentals and an excellent investment-return ratio, so I will avoid proposing 40 sqm holes at 180,000 euros because I will hardly rent at a high price and I will hardly get to amortize my investment in a short time. Instead, I will propose properties in Las Palmas, in Vecindario, Arinaga, Telde, etc., where the residency is high .

A note on Las Palmas: the city of Las Palmas as beautiful as it is and which I personally adore, attracts a “middle-poor” tourist, hardly in fact the Nordic, Finnish, Swedish, German etc.. with ample economic possibilities would rent for two months a property in the North where in winter the climate is quite different from the South…I would settle for young people, students, middle-aged couples, etc., who maybe stay in the North and then move by rental car to the beaches but my income will surely be lower without considering that in this period prices in Las Palmas are very high for properties of dubious value.

On the other hand, if finally, and this is my area of focus, you want to buy as an investment for the business of short term rentals, thus receiving tourists in your property with short-term vacation stays, I will have to necessarily search for a property in liquid and in-demand areas such as Puerto Rico, Campo Internacional, San Agustin, Playa del Inglès, avoiding Vecindario, Arinaga and vicinity where hardly the tourist of medium-high target would stay being purely in search of beaches and nightlife!

After all, if you buy and then entrust me with the management for short rent of your property, we have one interest in common : that the property yields! otherwise my work would be useless, you don’t earn you and reflexively I don’t earn!

But by liquid zones I mean areas where not just young or middle-aged people go but northern retirees who flee the cold and sky-high gas prices and stay here for one to three months spending exorbitant amounts of money for us but which for them is the norm or is less than they would spend staying at home in the freezing cold!

So to conclude, it is not enough to be a real estate agent to sell real estate the right way and it is not enough to want to buy a property on the island because I hear the islands are beautiful, you need to work with preparation and conscientiousness in your field and you need to Rely on SOMEONE COMPETENT who is not just aiming for the commission but has an interest in your investment being in line with your needs and being a good investment that will not make you regret choosing Gran Canaria to place your life savings and sweats! 

In one article I read that it must be the prospective buyer who has to do the math on the annuity ….!!!?? but what does a person who lives elsewhere and maybe is a lawyer, engineer, charcuterie maker or any other job know about the annuities that real estate generates here, liquid areas, etc.? YOU NEED TO TRUST but do it the right way to avoid shenanigans.

What does a person who doesn’t do this work, OR DOESN’T DO IT IN A SERIOUS WAY, know about Explotación Turistica, about VPOs, about Complexes with debts or Healthy Complexes, about good. or bad Comunidad, about good or bad Complexes even if placed 100 meters from each other….no property is the same as another and you cannot know its profitability unless you are an industry specialist with specific experience in the short rental business and not a guru handyman who sells everything to everyone like “Amazon” as unfortunately there are many here on the island!

In short you have to live here and operate here for years if you really want to sell in a conscientious way and propose a great service and safe from risk …then everyone of his money does what he wants but I have told you mine!


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