Mogán, LAS PALMAS, Gran Canaria

Situated in the heart of Arguineguin only 100 meters from the beach, we are offering the perfect investment return oportunity.
For sale is this building in its entirety that will generate a high rental income or that can be purchased for renovation and individual resale.
The building consists of a warehouse in the basement, 2 commercial premises at street level, nine one-bedroomed flats spread over 3 floors, with 3 flats per floor and a roof-terrace.

The warehouse has a total surface area of 136,61m².

Commercial premise 1 has an approx. area of 80 m², with a bathroom and kitchen corner.
Commercial premise 2 has an approx. area of 50 m² that includes a bathroom.

The residental part consits of three floors, with 3 flats on each floor. With flats (type A, B and C) all consisting of living room with an open-plan kitchen, bathroom and a bedroom.
Type A and B overlook the Calle Miguel Marrero and have a surface of approx. 50m². Type C are interior apartments flats and are situated at the rear of the building and consist of a living area of approx. 46 m².

From the roof terrace there is a great view over the beach of Las Marañuelas, the possibility to make this into a faboulous outdoor space on which the residents of the building can fully enjoy the wonderful climate will only add more value to the property.

The village of Arguineguin, with its local character and its unbeatable climate, is in high demand for flats, whether for residential, long term rents or holiday use.
The centre of this picturesque village is becoming more and more attractive thanks to the constant improvements being carried out, for example, the development of the beaches of Costa Alegre and El Perchel, and the forthcoming pedestrianisation of the Miguel Marrero Rodriguez street where the building and the commercial premises are located.

Arguineguín is a haven for people from all over the world, especially during the winter months. For this reason, the building has a great potential to generate profitability, diversified between the flats and the premises on the main street.

# # #Distribution
Warehouse, 2 commercial premises, 9 flats and roof terrace

# # #Legal note
The published plan should be regarded as an indicative sketch, not as accurate reflection of the physical reality of the property; there may be inaccuracies in the floor plan layout and the measurements.
Taxes and Legal Fees are not included in the price. The most important are: purchase tax (6,5%), Notary and Land Registry fees, handling fees and translations. On average one has to calculate 8-10% of the purchase price, however we will make you a detailed estimation of costs for each property that you may be interested in.