4 bedrooms house in Las Palmas de Gran Canaria, Las Palmas, Spain

Description of the property: From a buyer's perspective, this property in Las Palmas de Gran Canaria seems like a promising investment opportunity. The terraced house, requiring some renovations, has a total living space of 118m² and is divided into two independent apartments: one on the ground level and another on the first floor. The ground-floor apartment offers a small entryway and a staircase leading to the living room, which connects to the kitchen, bathroom, two bedrooms, and a yard. The first-floor apartment has two bedrooms, a small living room, kitchen, and bathroom. The main bedroom on the first floor features a balcony boasting stunning views of the local neighborhood, Hoya Andrea. The Almatriche neighborhood offers all the conveniences and amenities just steps away, including bus stops, various shops, and services. This location is just a short walk (5 minutes on foot) from the well-known Playa de Las Palmas beach, making it a desirable spot. The property also comes with a right to build one or two additional floors, which should appeal to families looking for a family-friendly neighborhood or investors searching for potential rental income. As for real estate investment potential, the property's dual occupancy and the ability to expand the living space through construction, could make it an attractive option for those looking to generate income through short or long-term rentals. In addition to the potential rental income, the desirable location and the necessity of renovations could also offer a valuable opportunity to increase the property's value over time. In terms of lifestyle, the property's location in Almatriche ensures easy access to local amenities and the beach, making it suitable for those seeking a vibrant yet comfortable neighborhood. The delightful ocean views and the opportunity to refurbish the property to personal taste can also enhance the appeal of this residential option. Moreover, the proximity to various shopping options, restaurants, and entertainment spots could be appealing to a wide range of potential buyers, including families and singles alike. In conclusion, this property offers a promising investment opportunity in Las Palmas de Gran Canaria, catering to both investors and those looking for long-term residency or lifestyle enhancement. The current configuration, combined with the potential for expansion, makes it a versatile property with great potential in a desirable location.