Flat for sale in Santa María de Guía de Gran Canaria, Gran Canaria

Three homes are for sale located in a profit-building building in Santa María de Guía – Ideal for immediate investment

Three homes currently in operation, intended for room rental to students of the Fernando Pessoa University. The properties generate steady monthly income and offer an approximate annual gross return of 6.74% on the current price. With minimal adjustments, this return could reach 7.23%, making these properties an attractive and active opportunity from day one.

The ground floor has a garage with capacity for three vehicles in a linear arrangement. The space originally destined for a warehouse has been adapted as a common area for the students, with a large living room and a restroom, offering a comfortable environment for convivencia.

The first floor is completely renovated and features three bedrooms, one bathroom, and a fully equipped kitchen. All installations have been updated: electricity, plumbing, and telecommunications. The second floor has the same layout; the bathroom and doors have already been renovated, and only electricity and plumbing would need updating, which can be done easily and economically.

The top floor, attic-style, has been renovated and offers two bedrooms, each with a en-suite bathroom, a kitchen, and a terrace with unobstructed views of the municipality and the Guía mountain. All rooms are furnished and equipped with appliances and cookware, allowing the rental activity to continue without interruptions.

The building is in very good overall condition and its configuration allows maintaining the current operation or adapting it for other business models such as rent per floor, coliving, or even lodging with self-check-in. In addition, technical improvements have been planned to continue increasing performance.
A solid investment, already in operation, with good rental demand, up-to-date maintenance, and real room for improvement.