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Ad Reference: MQ0033-3780/1860

LAS PALMAS, Las Palmas de Gran Canaria, 0,04ha

URBAN

|

HOUSES

0,043 ha | The Gran Canarian palms

700.000 EUR

738.720,00 USD

Description

Live and earn rental income!! This terraced house is not just any house, I recommend you to read the description, as the way it is renovated and distributed allows you to enjoy the property for living and at the same time, earn rental income, due to the student accommodation that is set up on the ground floor, completely independent. This is why the property's sale valuation has been carried out by valuing the house on one hand, and on the other hand, valuing the accommodation business based on the annual profitability obtained. The property has been completely renovated, maintaining the traditional style it has always had in terms of wooden floors, interior and exterior carpentry, structure, maintaining the balance of its origins with the modernization carried out in 2011. It consists of two floors with a built area of 215 square meters per floor, plus the roof, which is accessible. On the upper floor, there is the house, distributed in a spacious living room, 4 bedrooms, the main one with a small hall and bathroom, very bright living room, 2 bathrooms, kitchen, and office. Practically, the house is almost all exterior, so the rooms and spaces enjoy good brightness, in a quiet environment, with good neighbors and countryside, being close to the city and with good connections. On the ground floor, with a completely independent entrance from the street, there is the student accommodation. The location for this business is ideal, as it is just over 1 kilometer from the university, that is, a 1-minute drive or a 10-minute walk. Regarding the existing housing offer in the area, there is no comparison or competition for the neighborhood's typology, nor for the house's typology and the type of accommodation itself, for the services it offers inside. It is composed of a living room, large fully equipped kitchen with dining area, 4 rooms of different sizes, all equipped with beds, wardrobes, and study tables, internet connections, 2 bathrooms, one of them individual and the other quite spacious to be used by several people at the same time. This property, as you have read, can be enjoyed personally as a residence while earning rental income, or it can be transformed into a residence, by setting up the upper floor into rooms, transforming the entire property into a residence. The sale price does not include taxes related to the transfer, notary fees, registration, or any other expenses that according to the law correspond to the buyer. The data presented are merely indicative and are subject to unintentional errors or omissions.

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