PROFITABILITY IN A HISTORIC SETTING
- 25 Rooms
- 5 Bathrooms
- ~1,205 m² Total surface
- ~1,073 m² Plot surface
Las Palmas de Gran Canaria, Canary Islands
PROFITABILITY IN A HISTORIC SETTING
Price
€1,695,000
Object type
Special property
Condition
Needs renovation
Rooms
25
Bathrooms
5
Number of Floors
3
Garages
1
Total surface
~1,205 m²
Plot surface
~1,073 m²
Usable surface
~935 m²
Flooring
Tiles, Wooden floor
Construction year
1800
Energy efficiency class
F
Energy certificate available
Yes
Energy certificate type
Consumption certificate
. The street Castillo, where this unique property is located, is one of the historical arteries of **Vegueta**, the foundational neighborhood of Las Palmas de Gran Canaria. Since the 16th century, it has been a hub of transit and residence for notable families connected to Atlantic trade and the political-administrative development of the city. Its layout preserves the spirit of the early urban planning of the Crown of Castile in the Archipelago, making this street a living testimony of colonial history. For an investor, the location means much more than a point on the map: it is a place where **heritage value, visibility, and economic projection** converge. The street Castillo connects with iconic squares and buildings —such as the Cathedral of Santa Ana, the Plaza del Pilar Nuevo, or the Casa de Colón— consolidating an environment of high cultural and tourist traffic. Within a few meters, there are institutions, museums, prestigious restaurants, and cultural spaces, enhancing the integration of any project into the active life of the neighborhood. Historically, the street was the residential center of the local elite and a strategic route in the expansion of Vegueta. Today, that legacy translates into a unique appeal for projects aimed at a discerning audience. The growing demand for exclusive experiences linked to heritage reinforces the strength of the investment: an asset on street Castillo not only retains its value but multiplies it by being in an area where the **real estate offer is extremely limited**. In sum, the location of the property provides double value: on one side, the **historical rarity** of belonging to one of the most emblematic streets of the city's founding core; on the other, the **ability to capitalize on the economic and cultural dynamism** that characterizes Vegueta today. For an expert investor, this combination constitutes a differentiating factor compared to any other real estate product on the island.
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Provider:
Global Ichy Social, S.L.
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