Flat for sale in Guanarteme, Las Palmas de Gran Canaria, Gran Canaria

Are you looking for a unique investment opportunity in Las Palmas de Gran Canaria?

Property offered as bare ownership with a lifelong annuity.

Financial terms:

-Initial payment: €73,000.
-Lifelong monthly annuity: €1,200/month.
-Guaranteed minimum price: €160,000.

Property information:

-Location: Calle Salvador Manrique de Lara, Las Palmas de Gran Canaria.
-Area: 113 m².
-Property type: Apartment.
-Condition: The property is in good condition.
-Year built: 1997.
-Other notable features: A spacious private terrace and a storage room on the roof, providing valuable additional space for outdoor enjoyment and storage.

About the area:

-Located in the Guanarteme area, close to Avenida José Mesa y López, in an established urban area of Las Palmas de Gran Canaria, with a wide range of shops and services nearby.

-Transport: Excellent public transport connections, with numerous bus stops nearby and routes providing easy access to different parts of the capital and other municipalities on Gran Canaria.

-Nearby services: The property is close to schools, healthcare centres, shops, and other amenities needed for everyday life.

-Leisure and recreation: Its location offers access to a wide range of shopping, dining, and leisure options in this central area of Las Palmas de Gran Canaria.

An investment with a social impact

With this investment, the current owners, a 68-year-old man and a 64-year-old woman, will retain lifelong usufruct rights to the property, ensuring their peace of mind and wellbeing.

Once the usufruct ends, the buyer will obtain full ownership of the property, an asset with potential for appreciation in this area.

Associated costs:

Paid by the owner:

Property tax (IBI).
Extraordinary community fees (if applicable).
Building insurance.

Paid by the usufructuary:

Regular community fees.
Municipal waste charges.
Utilities.
Contents insurance.