LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Hero Image
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LAS PALMAS DE GRAN CANARIA
Las Palmas de Gran Canaria | Canary Islands

An Apartment

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Gilmar - Las Palmas
Gilmar - Las Palmas
Presented At
€435,000
Bedrooms
2
Bathrooms
2
Living
1,454
SQM
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 1
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 2
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 3
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 4
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 5
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 6
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 7
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 8
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 9
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 10
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 11
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 12
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 13
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 14
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 15
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 16
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 17
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 18
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 19
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 20
LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. - Photo 21
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LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain. , Las Palmas de Gran Canaria , Canary Islands

Las Palmas De Gran Canaria Apartment

Gilmar offers you the opportunity this time to move into a newly refurbished home in the heart of Las Palmas de Gran Canaria, more specifically in the central area of El Obelisco. It is a one hundred and thirty-five square meter corner apartment that allows us to enjoy wonderful natural light. The building has only two neighbors per floor, with a total of five floors. The current state is the result of a complete renovation, starting from a four-bedroom apartment with a dark kitchen facing the interior courtyards, which, after a significant investment, has become what it is today: a warm two-bedroom apartment with an open-plan kitchen-living room of approximately fifty square meters. It has two spacious bedrooms and two bathrooms, one of them unusually large just like the walk-in closet of more than ten square meters. It is important to highlight that the modification of the original layout includes the possibility of easily converting it into a three-bedroom apartment depending on the needs of the new owners. Well-deserved prominence goes to the exterior fixtures by the brand Cortizo and the Berry Alloc parquet, one of the top brands on the market, installed throughout the house thanks to its water-resistant properties. Countless lighting details composed of hidden LED strips and remote controls allow for creating different atmospheres depending on the time of day or the activity being carried out. The kitchen, with a peninsula that separates it from the living room, is a very pleasant space thanks to its size and the direct light that comes through its south-facing window. It is worth noting that it is made up of top brands such as Silestone for the countertop, Bosch for the appliances, and a series of storage spaces, both in the kitchen and in other corners, that a carpenter knew how to make the most of to optimize storage. The bathrooms are no less attentive to detail, featuring built-in cisterns and wall-mounted toilets and bidets, which not only enhance the aesthetics but also make cleaning easier. The building does not have a garage, so the solution enjoyed by the current owners and provided to the new ones is a parking space just a two-minute walk away.

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3D Street View Tour

Map showing LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain.

Property Location

LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain., Las Palmas de Gran Canaria Canary Islands

Local Weather & Climate

Las Palmas de Gran Canaria, Canary Islands

Current Conditions Updated recently
69 °F
Broken clouds
Feels Like 69°F
Humidity 83%
Wind 10 mph
Visibility 6.2 mi
Sunrise 7:49 AM
Sunset 6:40 PM
5-Day Forecast
Sat 31 Jan
Clouds
High 68°
Low 62°
Sun 1 Feb
Clear
High 67°
Low 60°
Mon 2 Feb
Clouds
High 65°
Low 61°
Tue 3 Feb
Clouds
High 65°
Low 59°
Wed 4 Feb
Clouds
High 67°
Low 61°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Las Palmas de Gran Canaria?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Las Palmas de Gran Canaria. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $43,500,000 20% down ($8,700,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$3,738
$3,738/day
Your home may appreciate while you sleep
$26,237/week $113,696/mo $1,364,350/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$23.9M
vs
OWN 📈 +$34.4M
$34.4M Potential Equity
vs $23.9M lost to rent over 10 years
$8.7M Down Payment Growth
4x
10yr
$34.4M
8.1x
20yr
$70.7M
12.6x
30yr
$109.9M
Wealth Comparison
×262
Equivalent to 262 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $109.9M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
13.9
years
Optimistic
5.12% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $51.2M +18%
Market $59.2M +36%
Optimistic $71.7M +65%
$34.4M est. equity
20 Years
Conservative $60.3M +39%
Market $80.7M +85%
Optimistic $118.1M +171%
$70.7M est. equity
30 Years
Conservative $71.1M +63%
Market $109.9M +153%
Optimistic $194.5M +347%
$109.9M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at LAS PALMAS DE GRAN CANARIA, Las Palmas, LAS PALMAS DE GRAN CANARIA, Las Palmas de Gran Canaria, Canary Islands, Spain features 2 bedrooms with 1,454 square feet of living space.
This property offers 1,454 square feet of living space.
This property is listed at $43,500,000, which equals $29917 per square foot.
Based on current market indicators, Las Palmas de Gran Canaria shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Las Palmas de Gran Canaria, Canary Islands. The property is situated in an established neighborhood with convenient access to local amenities and services.
Gilmar - Las Palmas

Gilmar - Las Palmas

Gilmar - Las Palmas

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