CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -
| Area: | PLAYA DEL INGLES, GRAN CANARIA | |||||||||||||||||||||
| Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
| Category: | C | |||||||||||||||||||||
| Population:
| Total | British | ||||||||||||||||||||
| 4800 | 500 | |||||||||||||||||||||
| Climate: | Hours of Sunshine Per Day in Summer | Days of Rain Per Year | Average Spring Air Temp. | Average Summer Air Temp. | Average Autumn Air Temp. | Average Winter Air Temp. | Average Water Temp. | |||||||||||||||
| 11 | 63 | 24 | 26 | 24 | 21 | 20 | ||||||||||||||||
| Proximity to: | Airport | Beach | Nearest City | |||||||||||||||||||
| 18 miles (Las Palmas) | 0.25 miles | 35 miles (Las Palmas) | ||||||||||||||||||||
| Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
| 0 | 0 | 1 | ||||||||||||||||||||
| Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
| 0 | 0 | 5 | ||||||||||||||||||||
| Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
| 1 | 1 | |||||||||||||||||||||
| Restaurants and bars: | Large amount of restaurants, serving mainly fast food and British food. | |||||||||||||||||||||
| Sports and leisure facilities: | 3 golf courses. 5 marinas with variety of watersports. Aquasur water-park. Palmitos Parque bird gardens and Sioux city wild west theme show nearby. | |||||||||||||||||||||
| Transport: | Public Transport | Roads | ||||||||||||||||||||
| SALCAI bus service to most of island. Direct bus links to other resorts in south. No rail system. | Motorway to south along east coast. Motorways to Trasmontana and Tarifa Alta. | |||||||||||||||||||||
| Crime rate: | Medium | |||||||||||||||||||||
| Main types of employment | Mainly self-employment e.g. owning bars/shops. Otherwise limited to tourist and service sectors. | |||||||||||||||||||||
| Future plans: | New golf courses and shopping centres. | |||||||||||||||||||||
| Yield range | 6.0% - 7.1% | |||||||||||||||||||||
| Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
| 2 bed apartment | 110500 | 343 | 274 | 165 | 7.1% | |||||||||||||||||
| 3 bed apartment | 138125 | 412 | 329 | 198 | 6.8% | |||||||||||||||||
| 3 bed townhouse | 207188 | 549 | 439 | 263 | 6.0% | |||||||||||||||||
| Villa | 243100 | 720 | 576 | 346 | 6.8% | |||||||||||||||||
| Demand for letting | School Holiday Peak | Peak | Off peak | |||||||||||||||||||
| High | High | Medium | ||||||||||||||||||||
| Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
| 7 | 3 | 4 | ||||||||||||||||||||
| Flights scheduled from: | Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Prestwick, Belfast City, Belfast International, Cork, Dublin, Shannon, Guernsey, Jersey, Norwich, Leeds/Bradford | |||||||||||||||||||||
| Typical cost of flights: | School Holiday Peak | Peak | Off Peak | |||||||||||||||||||
| £286-1278 | £212-947 | £159-710 | ||||||||||||||||||||
| Operators: | Iberia, Air Europa, BA, SpanAir, Astraeus, My Travel, Britannia Airways, Air2000, Excel Airways, Monarch, Thomas Cook | |||||||||||||||||||||
| Description: | Playa del Ingles lies on the south east coast of Gran Canaria. The resort is the biggest and liveliest on the island, with a huge choice of bars, restaurants, pubs and nightclubs and busy beaches stretched over 10 miles. This area has the best climate on the island and also has quite a strong breeze so its popular with the wind surfers. On the beachfront lies a long, palm-fringed promenade. It has quite a strong nightclub scene and many of the clubs go on in to daybreak. You can guess that it is popular with the younger generations. The resort can get very crowded during the Summer so demand for rental properties will always exist. Considering the climate is warm all year round a good strategy would be to rent the property during school peak, peak and part off-peak and then enjoy the rest! The island is not difficult to get to and bargain flights can be had off the internet if you book well in advance and fly in the off-peak times. | |||||||||||||||||||||
| Hot Website: | http://www.red2000.com/spain/canarias/g-canari/ | |||||||||||||||||||||
| Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Fuerteventura Living | Venezuela 8, officina 7, 35110 Vecindario, Gran Canaria | Tel: 0034 6 54 55 00 76 Fax: 0034 6 15 02 91 10 | Not disclosed | |||||||||||||||||||
| RE/MAX Maspalomas S.L. | Avda. Tirajana s/n Playa del Inglés | tel: 00 34 928 76 50 66 fax: 00 34 928 77 32 50 | website: http://www.katyroque.com email: maspalomas@remax.es | |||||||||||||||||||
| Freedom 4 Sale Spain | Antigua Sala de Proyeccion, Antigua Cine de Teguise, Calle Notes 15, Teguise 35530, Lanazarote | (00 34) 9 28 84 59 44 Fax: (00 34) 9 28 84 59 36 | http://www.freedom4sale.com/
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| Canarias Estates | A./Tirajana 37, Ed. Mercurio 2, 7C, 35100 Playa del Ingles, Gran Canaria, Spain | Phone 0034 928 761 159 Fax 0034 928 776 992
| http://www.canariasestates.com/ Email:canesta@terra.es
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| Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Canarias Estates | A./Tirajana 37, Ed. Mercurio 2, 7C, 35100 Playa del Ingles, Gran Canaria, Spain | Phone 0034 928 761 159 Fax 0034 928 776 992
| http://www.canariasestates.com/ Email:canesta@terra.es
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| Gestion Inmobiliaria Mercacentro | Victor Jara (C.C. Mercacentro) 35110 Vecindario. Gran Canaria | Tel/Fax: 0034 928758 111 Mobile: 0034 639 216 866 | http://www.inmobiliariamercacentro.com/ E-mail: merca-inmobiliaria@terra.com | |||||||||||||||||||
| RAO Estate | .C. Botánico, local 57 35100 San Fernando de Maspalomas Gran Canaria - España | 0034 639 778 338 0034 928 76 48 37 | http://www.raoestate.com/ Email: info@raoestate.com | |||||||||||||||||||
| Grupo Vesua, S.L. | C/ Drago, 48 Gáldar (Gran Canaria) | Tel: 0034 928 89 71 05 Fax: 0034 928 55 11 53 | http://viviendasencanarias.com/vesua/
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