A recent change to Spanish law allows a Communidad (community of owners) to regulate holiday let activity within a building or complex. From March 6, 2019, a Communidad by a simple majority of 3/5 can ban outright holiday rentals within a community. This replaces the previous rule in the Ley de propiedad horizontal that required…
San Fernando is an area in the south of Gran Canaria, where many locals chose to live, due to its location, near to their jobs in Maspalomas, San Agustín and Playa Del Inglés. Where in South Gran Canaria is San Fernando? San Fernando is just inland from Playa del Inglés resort on the inland side…
Merry Christmas and a Happy New Year 2020! It has been a year full of success in which we have opened our 5th office in Maspalomas and in the year 2020 we will be celebrating nothing more and nothing less than 40 years in business! All this has been made possible thanks to each and…
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…
