Canary Islands/La Palma. Which 1-2 bedroom property gets the best income ?

This topic contains 0 replies, has 1 voice, and was last updated by  EA8 2 weeks, 1 day ago.

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    EA8
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    Hello,

    Planning to move to La Palma Island, live in a family house with the family as well as purchase another 1-2 bedroom house on La Palma to rent out. Is is a good ideal about renting out a 2nd property on La Palma or should I look elsewhere ?

    The “pros” is being on the same Islands and relatively close to the 2nd property so I could maintain, clean the house etc.

    Or will the same 1-2 bedroom house yet on a different Island (TF, GC) get more income, despite incurring additional expenses for a remote maintenance (clearing) etc

    Something tells me that the 1-2 bedroom house will be significantly more expensive to buy in TF or GC…

    Thank you.

    • This topic was modified 2 weeks, 1 day ago by  EA8.
    • This topic was modified 2 weeks, 1 day ago by  EA8.

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