Spending the Christmas holidays in the Gran Canaria sunshine? Here’s our handy guide to celebrating, and eating, like a local during Christmas in Gran Canaria. December 24th: Dinner at home, until late Canarians enjoy their festive meals surrounded by a big group of family and friends. The Christmas Eve meal itself is quite informal, often…
The Canary Islands Government plans two significant changes to local taxation rules that could affect Gran Canaria property owners. IGIC rises to 7% after a year at 6.5% IGIC is the Canary Islands version of VAT. It was set at 6.5% in 2019 (compared to 21% for the equivalent IVA in mainland Spain). The new…
Gran Canaria and the Canary Islands offer resident business owners and entrepreneurs generous tax benefits that are unique in Europe. The main benefit is that companies incorporated in the Canary Islands Special Zone (ZEC) only have to pay 4% corporation tax. This compares to average of 25-30% in other areas of the EU. Other advantages include an…
Sunny San Agustín is one of south Gran Canaria’s quietest and most attractive resorts. It offers plenty of quality property options and a lovely laid-back lifestyle. Where in South Gran Canaria is San Agustín? San Agustín is the first resort area you reach when you go south from Gran Canaria airport. It’s beaches face south…
On October 20, 2019 the Platform for People Affected by Tourism Law (PALT) made public an encouraging declaration by the Canary Islands Ombudsman on the subject of Canary Islands laws that limit the residential use of tourist resort property. The Ombudsman challenges the laws strongly and recommends that the Canary Islands government modify them for…
It’s been a busy year in Gran Canaria with lots of modernisation in the resort areas of Maspalomas and Puerto Rico. At Cárdenas, we’ve joined in with a brand new office in Maspalomas. Read on to find out what’s new in south Gran Canaria… Holiday World reopens after major refurbishment Holiday World, the popular fairground,…
Cárdenas Real Estate opens its new 150 square metre office in Maspalomas on October 7, 2019, making it the only estate agency with offices in all the main south Gran Canaria property zones. The new Cardenas office, located in San Fernando just over the road from Playa del Inglés resort, has entrances on Avenida de la…
Los Riscos, the oldest neighbourhood in Playa de Mogán, is a charming old fishing village with beautiful views of the famous Puerto de Mogán marina. Where in South Gran Canaria is Los Riscos? South-facing Los Riscos occupies the hillside just behind the famous Puerto de Mogán marina in south west Gran Canaria. Mogán is one of…
The old fishing village at Playa de Mogán, known as Los Riscos, is to get a €2,325,000 investment from the Mogán Town Hall. The money is to be spent on a series of measures to improve accessibility, public lighting and signage, electricity and water infrastructure. The 166 properties in Los Riscos will also have their…
Buying an apartment complex or a group of properties as a Gran Canaria investment is a viable business and lifestyle decision. However, success depends on understanding the Gran Canaria rental market and choosing the right complex. That’s where we are uniquely qualified to help. At Cardenas Real Estate, we have extensive experience of pricing and…
