Townhouse for sale in Las Palmas de Gran Canaria, Gran Canaria

M5 building for sale in one of the most exclusive areas of Las Palmas de Gran Canaria.
A unique investment opportunity in the prestigious Mesa y López area, Pelayo street. It is a corner building with a commercial premises, and high development potential: possibility to increase heights, build more homes and make the most of its privileged location.

The property currently has a rooftop and several floors with sea views, making it a true jewel for both residential development and for a tourist or luxury project.
Investment with appreciation and profitability potential in one of the areas with the highest demand and prestige in the city.

Costs and taxes not included in the price. As a rough guide, on secondary transfers, the buyer will pay the Transfer Tax (ITP), whose general rate in the Canary Islands is 6.5% on the tax base, which will be the greater of the purchase price, appraisal value or cadastral reference value. Notarial and registry fees: approx. from €700 (fees vary depending on price, number of copies, and complexity). The buyer freely chooses the notary. The seller assumes, by law, the fees corresponding to them, unless otherwise agreed. If a mortgage is required: appraisal, conditions and bank costs according to the entity chosen by the buyer; as well as the notary fees and any other costs inherent to the formalization of the sale.