Buildings in Las Palmas de Gran Canaria, for sale

Building comprising two separate flats for sale

Discover this property with La Boutique · Canary Real Estate, which will open the door to your next investment in Gran Canaria.

Entire building for sale offering excellent returns and potential for expansion

We are offering a residential building comprising two separate properties, fully refurbished in 2023 and currently operating with high occupancy rates through room-by-room rentals. An ideal opportunity for investors seeking an asset already in operation, with demonstrable income and growth potential.

The property has a total built area of 282 m², spread over two floors of 141 m² each. It comprises 6 bedrooms, 1 separate kitchen, a living room and 2 full bathrooms

Currently, the building has 10 rooms let to students for the full 2025–2026 academic year, with tenancies running until 30 June 2026. Furthermore, there is the potential to easily expand to 12 rooms by converting two existing study rooms.

One of the property’s major attractions is its spacious, accessible roof terrace of approximately 140 m², which includes two additional rooms and offers the possibility of building an extra floor, further increasing the building’s value and capacity.

Thanks to its layout and features, the property is perfectly suited to various business models:

* Co-living
* Student accommodation
* Rentals for digital nomads
* Long-term room-by-room rentals

The sale includes both properties as a single transaction, although they are registered as separate entities. There is no possibility of selling them separately.

Furthermore, the transfer of the room-by-room rental website is included; this is a platform with high traffic and search engine ranking, particularly during the academic term, allowing tenants to be attracted directly without relying on other portals.

A bright, fully renovated building, ready to continue operating from day one and with significant potential for appreciation.

Expenses and taxes not included in the price. The purchase is subject to taxes and legal fees. Guide: Second-hand property; the buyer will pay 6.5% ITP (depending on personal circumstances), based on the taxable value: the higher of the sale price, valuation or
cadastral reference value. Notary and registration fees approx. 0.3%–0.8% (fees vary depending on price, not on copies or complexity). If a mortgage is required: valuation and bank charges are payable by the buyer. The agency acts as an intermediary. The sale and
its terms 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.

Details

• Type: Buildings
• Transaction: For sale
• Province: Las Palmas
• Town: Las Palmas de Gran Canaria
• Bedrooms: 10
• Bathrooms: 4
• Constructed area: 282 m²
• Type of property: Re-sale
• Energy certification (consumo): G 85.00 kw h/m² año
• Energy certification (emisiones): G 22.00 kg CO₂ /m² año

Extras

• Exterior: Yes
• Built Year: 1950
• Renovation year: 2023
• Kitchen: Independent - Refurbished - Equipped
• Balcony: Open terrace
• Water heater: Electric - Individual
• Property floor: Ceramic
• Furnished: Yes
• Renovated: Yes
• Laundry: Yes
• Stories: 2
• Building condition: Good condition

Building comprising two separate flats for sale

Discover this property with La Boutique · Canary Real Estate, which will open the door to your next investment in Gran Canaria.

Entire building for sale offering excellent returns and potential for expansion

We are offering a residential building comprising two separate properties, fully refurbished in 2023 and currently operating with high occupancy rates through room-by-room rentals. An ideal opportunity for investors seeking an asset already in operation, with demonstrable income and growth potential.

The property has a total built area of 282 m², spread over two floors of 141 m² each. It comprises 6 bedrooms, 1 separate kitchen, a living room and 2 full bathrooms

Currently, the building has 10 rooms let to students for the full 2025–2026 academic year, with tenancies running until 30 June 2026. Furthermore, there is the potential to easily expand to 12 rooms by converting two existing study rooms.

One of the property’s major attractions is its spacious, accessible roof terrace of approximately 140 m², which includes two additional rooms and offers the possibility of building an extra floor, further increasing the building’s value and capacity.

Thanks to its layout and features, the property is perfectly suited to various business models:

* Co-living
* Student accommodation
* Rentals for digital nomads
* Long-term room-by-room rentals

The sale includes both properties as a single transaction, although they are registered as separate entities. There is no possibility of selling them separately.

Furthermore, the transfer of the room-by-room rental website is included; this is a platform with high traffic and search engine ranking, particularly during the academic term, allowing tenants to be attracted directly without relying on other portals.

A bright, fully renovated building, ready to continue operating from day one and with significant potential for appreciation.

Expenses and taxes not included in the price. The purchase is subject to taxes and legal fees. Guide: Second-hand property; the buyer will pay 6.5% ITP (depending on personal circumstances), based on the taxable value: the higher of the sale price, valuation or
cadastral reference value. Notary and registration fees approx. 0.3%–0.8% (fees vary depending on price, not on copies or complexity). If a mortgage is required: valuation and bank charges are payable by the buyer. The agency acts as an intermediary. The sale and
its terms 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.