Cardenas Real Estate Agent Blog - Gran Canaria

There’s no point in being shy, Gran Canaria is beautiful and has fabulous golf courses and property, so you might as well tell the world. That is just what is happening at the International Golf Travel Market in Cancun, Mexico from December 3 to 6.

This is the tenth annual show and this year it features hundreds of exhibitors from 46 different countries. Gran Canaria is holding it’s head up high and promoting the island, golf and property via several big names. Canarias, the tourist board for all 7 islands have a stand there as do the Gran Canaria Golf Association and the Gran Canaria Golf Association - Maspalomas Golf. Thousands of visitors to the show will also be able to see the fine range of luxury villas at the Anfi Tauro Golf stand.  

Cardenas Real Estate are proud to have been chosen to market a modern luxurious development of Anfi Tauro villas in the Tauro valley near Puerto Rico in the south of Gran Canaria. The newly opened 18 hole golf course near the villas is just one of many reasons why people are flocking to an island with so much to offer.

This Sunday a very good friend invited me to a unique experience. We sailed out with his small but nice sailing boat to say good bye to 235 yachts from 28 different nations on their way from Las Palmas de Gran Canaria to Santa Lucia.

In approx. 3 weeks, after sailing 2.700 nautical miles, they will arrive to the Caribbean island. For many as for myself it is a dream to cross once in life the Atlantic in a boat.

This is the 22nd edition of the ARC, the Atlantic Rally for Cruisers. In the official website of the World Cruising Club you can read the full story and even follow the race in Google Earth. There is a nice picture gallery as well in the newspaper La Provincia and in my gallery.

By Ramón Sánchez Bruhn

I would like to express my thanks for the superb way you handled the purchase of our great apartment in Puerto Rico. From the very start when we looked on the Internet to … You understood what we were looking for and the apartment in Corona Rosa was the ideal one for us …

… Cardenas have since then handled the financial and legal sides of the purchase excellently, explaining everything without causing any stress to us … The whole purchase from start to finish was made easy…

Dennis & Family (Blackpool, United Kingdom)

Read complete testimonial here.

More testimonials here.

Every now and then some of our clients have expressed the wish to buy the property under the name of their children, mainly to avoid inheritance tax /death duties upon their death.

That is a decision that should be duly weighed and considered. First of all the inheritance tax is not as high as many think, especially if there are more than one children to inherit the property. And the inheritance tax may well be reduced or even supressed in the future in all parts of Spain.

Secondly it is never advisable to buy the property in the name of the children if they are under age. Unless those have money of their own (i.e. from inheritance) and proof can be produced that the money used for the purchase indeed belongs to the children themselves, the tax authorities might well consider that the parents are making a gift to their children, and the gift tax is higher still than inheritance tax (same tax rate for both taxes, but no tax free amount for Gift Tax).

One should consider as well that if one wishes to sell the property again after some time, the children’s consent is required. Further problems may arise if the circumstances change, for example if one of the married children gets divorced, and the son-in-law or daughter-in-law wants his share.

Though it is unusual, it could happen that one child predecease his parents – by accident or illness – and if he dies without issue, it would be the parents who would have to pay inheritance tax on their own property. I have known such a case!

Only if the parents have already reached a certain age and intend to have the property for they own use – as a permanent or a holiday home – until their death, one could recommend safely that the children purchase the property (bare title) and the parents the life benefit.

By Rolande Chagrin Chevènement (Owner of Cardenas Real Estate)

Finally we have found a special place to enjoy dinner: Samsara, a new lounge-restaurant near the Boulevard Maspalomas. Creative kitchen with Asiatic touch - for all who like something different and special.

Good atmosphere and a friendly and helpful staff. From the terrace you can enjoy a very nice view to the beach relaxing with a drink. I recommend to reserve before going, call 928 14 27 36. By Gisela Calvo Escudero.

When Anfi Golf and Luxury Resorts where looking for someone to market their Villas, they knew they needed someone who knew the south west region of Gran Canaria, appreciated it’s attractions, and offers a high quality real estate service.

Cardenas Real Estate have an unrivalled knowledge of the beauty and charms of the Tauro valley. A family firm set up in nearby Arguineguin in 1980, with more offices in Puerto Rico and Playa de Mogán. They have excellent contacts to smooth the buying process and offer full after sale care including an excellent knowledge in legal and tax aspects on rel estate in Gran Canaria.

Tauro is a hidden gem that combines the attractions of a modern luxury resort with the peace and tranquility of a natural retreat. This is exactly the balance that Cardenas has already achieved in Monte Leon, the chosen home of the Cardenas family.

Luxury and comfort are two themes that have always guided Cardenas Real Estate, so they know a good investment when they see it. New emerging resorts are always very saleable and Tauro, just to the west of Puerto Rico, can offer that fresh appeal, even thogh it is only 40 minutes from Gando airport in the east. The island has an insatiable demand for quality golf courses so the brand new 18 hole course in Tauro will make it a much sought after investment.

A new resort, new luxury villas and a new investment opportunity, that’s what Tauro has to offer on the south west coast of Gran Canaria.

Luxury and leisure come together in these Villas in Tauro, just up from Puerto Rico and besides a brand new 18 hole golf course. Luxury is a word that is bandied around a lot in property but how else would you describe a development where the delight is in the detail and beautifully finished with the finest materials.

They include fitted wardrobes, air conditioning, a jacuzzi and a well groomed terrace, garden and private pool. You could be excused for not wanting to venture far from your exceptional new home, but it’s worth making the effort to check out the natural attractions nearby.

Tauro valley is your key to the Canarian countryside, whether it’s for walking, admiring the animals and plants, or both. What a choice, turn inland for the rugged mountains, or head to the sea and enjoy the beach. In between is the islands latest championship golf course. A 40,000 square metre driving range, chipping zone and a plantation style club house are just some of the attractions to make your game more enjoyable, what ever your ability is.

For more info contact please Carolina García Chagrin, manager of Cárdenas Real Estate, at carolina@cardenas-grancanaria.com or by phone at +34 928 150 650.