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Gran canaria, an island full of magical places

18 04 - 2023

Gran canaria, an island full of magical places Elena H. GhazaleLa Boutique Sales Manager & Coach I t is now spring And although the weather doesn't change much in Gran Canaria, I must admit that the arrival of the warmth is noticeable. Gran Canaria is a place with many microclimates and depending on where you are you can feel more or less the intensity of the sun. If you have ever come to visit us, I am sure you already know the most touristic areas of the island, such as Playa del Inglés, Maspalomas, Puerto Rico, Arguineguín or Mogán. ...

How much is my house worth? 5 keys to setting the right price for your home

09 03 - 2023

How much is my house worth? 5 keys to setting the right price for your home Elena H. GhazaleLa Boutique Sales Manager & Coach Welcome March! If you are thinking of selling your house, this blog is of interest to you, so don't leave just yet. Have you ever wondered what the sale of your house depends on? Why are there houses that are sold in 3 months and others that don't even sell in 3 years? One of the fundamental keys for the sale of your home to be effective in a fast and efficient way is the price. And that is exactly what this blog is about, how to calculate the right price for your property. • FIRST KEY • The first key is to understand the market. As the...

5 key questions to ask your real estate agent before buying a property

08 02 - 2023

5 key questions to ask your real estate agent before buying a property Elena H. GhazaleLa Boutique Sales Manager & Coach Dear reader. If you are here, it is probably because you are thinking of buying a house. I don't know if it's your first home or your fifth, but either way I'm sure this article will be of interest to you. Buying a house is not an easy task. For many it is the biggest investment of their lives and it is not surprising that during the process many doubts could arise. That's why finding the right type of real estate agent to make your dream come true is, to a large extent, the most important part of the process. Yes, you read that right, the type of Real Estate matters. The size, however,...

4 Keys to sell my house fast

18 11 - 2022

• FIRST KEY • Determination is the first key to achieving what you are set out to do. "If I am not clear about what I want, I am rarely going to achieve it." Many times, I talk to clients who tell me that they are not in a hurry, or that for them the sale of their property is not urgent or decisive. Can you imagine? What does usually happen in these cases? The property simply doesn´t get sold. Why is that? Because in my experience, this sentence is the perfect excuse for wanting to sell at a high price or with unattractive conditions in a market that is becoming more and more demanding and intelligent. And the problem goes further than that. Not only is the property not sold, but in the mind of the potential buyer, the...

Invest to rent

17 03 - 2022

Today we come with great news! If your intention is to buy in Gran Canaria and then rent your property for a long period of time, stay tuned until the end of this blog. As you know, Gran Canaria is considered the eternal spring, and that is why, every day more and more, our lands are the chosen ones to come for vacations, to telework and even to live. Right now and always, there have been investors who buy properties and rent them in places like Maspalomas, Puerto Rico, San Agustin, Playa del Ingles or Las Canteras among others. This trend has come to stay, due to...

Best locations in Gran Canaria

24 01 - 2022

My very dear reader:I've decided to start my blog like this. I know that "my very dear reader" sounds a bit exaggerated, but I, personally live in a superlative world. When I'm asked how I am, I always say: “Spectacular! or Fantastic!” You get the idea, don't you? Anyway, I just want you to know that you are very important to me. So important that you have my full attention.This blog would make no sense without you, and that's why, my dear, to the contrary of what it originally seemed, it falls short. I understand that if you are reading me it is because you are somehow familiar with the Canary Islands. You may have already made investments in Gran Canaria, or perhaps you are thinking of doing so in the near future. In my previous blog, I made a short presentation of the company...

Investing in houses with a garden, the added value behind COVID

01 11 - 2021

The Covid-19 pandemic completely changed our perspective on housing. We have been accustomed in many cases to leaving the house in the morning to go to work and return at night ,and confinement has caused a change in our housing preferences. Many familieswho were confined to indoor flats, with few square metres, little or no natural light and no access to the outdoors, have begun to look for houses with a garden as a priority after the outbreak of the pandemic. Once the population has discovered that these flats do not meet their needs, they have moved on to look for a house with a garden, under the perception that space is more important than location. In Gran Canaria, specifically in the Maspalomas...

What are the taxes on the purchase and sale of a property?

07 10 - 2021

At the moment of the purchase, doubts arise about the taxes to be paid. IBI – Impuesto sobre Bienes Inmuebles It is the best known of all municipal taxes and is levied on the ownership of a property. It is levied annually and the amount is determined by the cadastral value assigned to the property, set by the Ministry of Finance according to the value of the land and the construction. It also depends on the tax ordinances of each Town Hall, so it can vary a lot from one locality to another. It is a tax that, although it will not be decisive when buying a property, it is important that you are aware of it, as they will have to pay it when you become an owner. ...

How to buy an off-plan home?

16 06 - 2021

New our home is a dream that not everyone can fulfill. To buy a home in the Canary Islands, a buyer usually takes between 6 months and 1 year, although that time is not usually an active search. The first weeks are to decide the area and the amount we want to spend on the house. Buying off plan refers to buying before it is built, maybe even with the construction process underway. What should i take into account before buying an off-plan home? Buying a property is usually the biggest investment of our life, so it is important to review all the documents before taking the step. When we buy a second-hand home we can visit it, check its condition, although you must be very aware of hidden...

How to buy a house with Bitcoins?

16 05 - 2021

If you have part of your wealth in cryptocurrencies, you may be thinking about reducing your risk and buying a house in Bitcoin. Most of the luxury home owners in Gran Canaria have their savings diversified: a business holding company, rental properties (houses and premises), investments in start-ups, stocks and cryptocurrencies. The best known cryptocurrencies are Bitcoin and Etherium, the rise they have had in the last year makes some prefer to take part of those profits to invest them in brick, an investment with much less volatility. In Spain it is completely legal to buy a house with cryptocurrencies, the purchase and sale process is the same as when buying in euros....

Taxes when selling a house in the Canary Islands

14 04 - 2021

At La Boutique Canary Real Estate we differentiate ourselves by providing an exclusive service, from start to finish. One of the most common doubts that arises is not only the valuation of the home but the expenses that must be paid in the Canary Islands for the sale of a property. Taxes when selling a house in Gran Canaria Municipal taxes In Spain, national and local taxes are paid. In the case of housing, every year we pay the IBI (Real Estate Tax) in our town hall. When we sell a home this tax must also be paid. The IBI must be paid by the owner of the property on January 1. For this reason, in many house sales it is negotiated that the...

Expenses when buying a home in the Canary Islands

15 03 - 2021

When we take the step to buy a home in the Canary Islands, we have to take into account not only how much the home will cost us but also the expenses associated with the sale. When choosing the home, after the visits, the valuation, a signal of 10% is delivered, this is what we know as the Arras Contract. In this way, the seller and the buyer agree to carry out the agreement. If one of them regrets, they must compensate the other: the buyer would lose the signal delivered and if it is the seller who backs down, they must return 10% to the buyer along with the same amount as compensation. When the deposit contract is signed, all the documentation begins to be processed so that...

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