Canary Islands, Gran Canaria, Las Palmas, Spain
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
2,799 sq ft
260 sq m
Key features
- 2 bedrooms
- Total area: 345 sqm
- House area: 260 sqm
- Condition: Needs recovery
- 1 bathrooms
- Construction year: 1950
Description
Photos have been modified with AI showing before and after; original photo and image of potential post-renovation appearance are published.
A real estate asset comprising a commercial space and residential property is offered for sale, located in Arrecife, in one of the most sought-after and established areas of the capital, particularly valued for its commercial activity and strong tourist presence.
The area stands out for its high foot traffic, both pedestrian and tourist, and a very limited supply of properties for sale, which reinforces its appeal as a medium to long-term investment.
🔹 Commercial Space
Approximate area of 138 m²
Open-plan layout
Two bathrooms
Ground floor location
High visibility and versatile use
The space requires renovation, which allows adaptation to different types of business and maximizes its potential in an area where commercial demand is constant.
🔹 Residential Property on Upper Floor
Approximate area of 138 m²
Separate kitchen
Three bedrooms
Terrace
Good layout
The residential property, also requiring renovation, offers multiple possibilities: family residential use, long-term rental, or holiday rental exploitation, particularly attractive given the high demand in the area and scarcity of available supply.
🔹 Added Value for the Investor
Dual asset in a single transaction
Strategic location in the capital
Area with high demand pressure and established prices
Potential for appreciation following renovation
Potential to generate combined income (commercial + residential)
A property designed for investors seeking profitability, location, and growth potential, in one of the most dynamic areas of Arrecife.
📩 For more information or to arrange a viewing, contact without obligation.
Response guaranteed within 24 hours.
REF: 976704
Canary Islands, Gran Canaria, Las Palmas, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Lanzarote(International)3.5 miles
- Fuerteventura(International)40.7 miles
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Notes
This is a property advertisement provided and maintained by IAD, Barcelona (reference 247016_976704) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.