Premium New development

5 Bed Property for sale

Galdar, Gran Canaria, Canary Islands, Spain

£1,516,727 *  [€1,750,000]

5 Bed Property for sale

Galdar, Gran Canaria, Canary Islands, Spain

£1,516,727 *  [€1,750,000]

Property Details


  • Bedrooms: 5
  • Bathrooms: 3
  • Plot size: 49700 m2
  • Habitable space: 300 m2

Features


  • Balcon
  • Garage
  • Terrace
  • Storeroom
  • Furniture
  • Air-Conditioning
  • Light
  • Water
  • Water Deposit
  • Garden
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Full Description


**PRODUCING BANANA PLANTATION · NORTH COAST OF GRAN CANARIA**. . ***Established agricultural asset with proven profitability***. . A professional banana farming operation is offered for sale, located on the northern coastline of the municipality of **Gáldar**, in the **La Furnia – Llanos del Clavo** area, one of the historic banana-growing zones in the north of Gran Canaria.. . The property comprises **three adjoining cadastral plots**, with a **total surface area of approximately 49,700 m2**, currently in full production under greenhouse conditions, with active management and proven production continuity.. . PRODUCTION AND PERFORMANCE. . * **Total production over the last 5 years:** between **1,260,000 and 1,350,000 kg**. * **Average annual production:** **260,000 – 300,000 kg**. * **Turnover in the last financial year:** approx. **€348,000 per year** (including banana sales and subsidies). * **POSEI subsidy in force**. * **Production verified by an agricultural cooperative**. . The plantation operates a **regular plant replacement system**, allowing production to be stabilised and ensuring consistent yields over time.. . AGRICULTURAL INFRASTRUCTURE. . * Technified **greenhouse cultivation**. * **Automated and computerised irrigation system**. * **On-site desalination plant** with direct seawater intake. * **Two water reservoirs** with a total capacity of approx. **1,800 m³**. * **Upper and lower phytosanitary spraying systems** (a rare and highly valuable infrastructure feature). * Progressive renewal of plastics and structural elements. . BUILDINGS AND EQUIPMENT. . * **Two dwellings** linked to the farming operation. * **Garage, technical rooms and phytosanitary storage**. * **Agricultural machinery included** (tractor, lorry and auxiliary equipment). * **Direct vehicle access from the main road**. * **Coastal setting**, just a short walk from the sea (Dos Roques area). . INVESTMENT PROFILE. . This asset is particularly suitable here . * Professional farmers. * Family-run operations with generational continuity. * Investors seeking tangible, income-producing agricultural assets. . Based on historical production and revenue data, and depending on the management model applied, the operation offers **indicative annual returns in the region of 6% to 8%**, in line with professional agricultural assets and supported by consolidated production and ongoing subsidies.. . Full **economic, production and registry documentation** is available for qualified buyers.. The property is marketed with a **professional approach**, prioritising solvent and well-structured transactions.
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Map may not show exact location

This property listing (ref: 13883-JMZ/2912) is an advertisement supplied by Best House Gran Canaria Real Estate and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8667 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.