Building for sale in Puerto Rico, Gran Canaria with garage

Apartment complex in Puerto Rico

A large residential complex is offered for sale, consisting of two adjoining apartment complexes, located in one of the most consolidated, demanded and continuously growing areas of southern Gran Canaria: Puerto Rico, in the municipality of Mogán.

The property is being sold with some of the currently rented units, generating income from day one, making it a profitable investment with significant room for optimization. At the same time, it offers multiple development possibilities for investors, both for residential and vacation rentals, depending on the desired strategy.

The complex sits on a plot of 7,090 m² and has a total built area of 5,746 m², distributed in 128 rooms and 104 bathrooms, in addition to landscaped areas that add quality and value to the residential environment.

As a differentiating element, it includes a separate building of 437 m², intended for warehouses and offices, ideal for the management of the complex, auxiliary services or complementary uses.

Housing distribution • 24 three-bedroom duplex apartments, all with integrated garages • 24 two-bedroom duplex apartments • 8 one-bedroom apartments with spacious terraces, a particularly distinctive feature • Additional parking spaces distributed throughout the complex, plus 8 outdoor parking spaces

All homes have terraces and/or balconies and enjoy an excellent, very favorable orientation, which guarantees high light and sun for a large part of the day, a key factor both for residential comfort and for rental demand.

Location and surroundings

The complex is located opposite the Mogan Mall, a 5-minute walk away, with immediate access to shops, supermarkets, restaurants, and leisure activities, and a 15-minute walk from the beach. It boasts excellent access and a quick connection to the motorway, enhancing its appeal to both residents and renters.

Puerto Rico is one of the areas with the most stable demand in the south of the island. Its residential character, combined with a privileged climate and a fully consolidated infrastructure, positions this asset as a solid, secure, and highly versatile investment, with potential for appreciation in the medium and long term.