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The capital city of Gran Canary is an attractive location for investors looking to generate high rental yields from residential buy-to-let. With a strong economy, the city offers plenty of opportunities to find investment properties with high rental demand from locals and tourists alike. However, it is important to consider all the investment options carefully and make a well-informed decision. Whether you want to invest in luxury apartments or a cheaper home, you can always find the right property to suit your needs.The first investment project in Las Palmas is a refurbished apartment complex located near the downtown area of the city. The complex is a mid-sized multifamily asset in one of the most desirable rental submarkets in the market. Located southeast of Interstate 8, the property is situated in a neighborhood characterized by quiet residential communities and local retail.Bardas, which is based in neighboring West Hollywood, is planning a series of small and medium-sized office projects throughout the city. The firm is currently working on a studio and office complex slated for the site of a former Sears department store on Santa Monica Boulevard, and other projects are in the planning stages on Melrose Avenue and Cahuenga Boulevard. In addition to the new buildings, the company is also considering a hotel development at the site of a former Trader Joe’s grocery store on Robertson Boulevard.Another investment plan in Las Palmas involves a new bus network. The EUR50 million project will see the purchase of 17 environmentally-friendly electric or hybrid buses, as well as the construction of three new stations and 17 stops along the main transport arteries. The investments will contribute to reducing greenhouse gas emissions, in line with the EIB’s climate action lending policy and the EU’s objectives on sustainable transport.The new bus network will provide a better service for passengers in the city, as it will improve connections with other cities and regional destinations, as well as boosting tourism in the capital. In addition, it will help reduce traffic congestion in the urban center and the outskirts of the city. https://files.fm/f/f3np26jgs It will allow commuters to save time, avoid delays and reach their destinations on time.Investing in properties in Las Palmas that can produce high rental yields requires focus, timing and attention to detail. While there are still good returns to be made from tourist rentals in beachside and old town locations, yields are dropping for smaller properties away from popular hotspots. Nevertheless, there are excellent investment opportunities for residential rentals in the city centre and its surrounding areas. https://www.4shared.com/office/UppQApKUku/Tax_Advice_in_Las_Palmasagkrm.html Those looking to invest in long-term, high rental yield properties can look for properties with high occupancy rates and stable income streams, or those that offer a mix of residential and short-term holiday lets. Investors who are able to focus on quality, profitability and the best locations will be rewarded. To achieve the highest returns, it is vital to consider rental demand, house prices and other costs such as mortgage interest rates, maintenance fees, insurance premiums, medical care premium costs, utility bills, paperwork requirements and effective tax rules.