€ 850,000
Villa for sale in Telde, Gran Canaria
- 426 m2
- 7
- 5
- 544 m2
Description
We are delighted to present this exceptional, fully renovated luxury villa, situated in the peaceful residential area of Piletillas, Telde, Gran Canaria.
Combining contemporary elegance, generous living spaces and privacy with an outstanding investment opportunity, the property generates €73,800 in annual rental income, representing an attractive gross rental yield of approximately 8.68%.
Currently leased to an established international educational organisation under a five-year agreement, the property benefits from annual inflation-linked rent reviews and a substantial rental guarantee backed by the tenant's UK parent organisation.
Luxury, comfort and exceptional living spaces
Set on a 544 m2 plot, with 426 m2 of constructed space, this magnificent villa has been extensively renovated, offering contemporary design, spacious interiors and quality finishes.
Distributed over two levels, it includes two independent apartments, providing flexibility and privacy.
The spectacular private swimming pool, surrounded by generous sun terraces, relaxation areas and a covered barbecue space, creates the perfect setting for enjoying Gran Canaria's wonderful year-round climate.
The property also benefits from a substantial solar energy installation, enhancing its energy efficiency. It is offered fully furnished and equipped, subject to agreed exclusions.
An established investment with attractive returns
Asking price: €850,000
Annual rental income: €73,800
Monthly rental income: €6,150
Gross rental yield: 8.68%
Five-year rental agreement
Annual inflation-linked rent reviews
Guarantee backed by the tenant's UK parent organisation
An additional attraction for qualifying investors is the potential to acquire the property using funds allocated under the Canary Islands Investment Reserve (RIC).
Peaceful location with excellent connections
Located in the quiet residential area of Piletillas, the villa offers privacy and tranquillity, with convenient access to Gran Canaria Airport, Las Palmas and the island's main transport routes.
A rare opportunity to combine luxury, attractive rental income and long-term investment potential in Gran Canaria.
Gross rental yield calculated on the asking price before taxes and expenses.
Features
- Villa
- Bedrooms: 7
- Bathrooms: 5
- Build Size: 426 m2
- Plot: 544 m2
- Energy Certificate (Consumption): G
- Energy Certificate (Emissions): G