Property Prices in Canary Islands, Spain

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Index Info
Price to Income Ratio: 9.96
Mortgage as Percentage of Income: 68.28%
Loan Affordability Index: 1.46
Price to Rent Ratio - City Centre: 13.02
Price to Rent Ratio - Outside of Centre: 18.10
Gross Rental Yield (City Centre): 7.68%
Gross Rental Yield (Outside of Centre): 5.52%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 988.92 € 977.83-1,000.00
Apartment (1 bedroom) Outside of Centre 605.57 € 600.00-611.15
Apartment (3 bedrooms) in City Centre 1,955.67 €
Apartment (3 bedrooms) Outside of Centre 692.80 € 635.59-750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 272.53 €
Price per Square Feet to Buy Apartment Outside of Centre 185.79 € 185.77-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,238.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.33 3.00-3.50

These data are based on 16 entries from 3 contributors over the past 18 months.
Last update: February 2025

Sources and References
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