Property Prices in Las Palmas de Gran Canaria, Spain

Index Info
Price to Income Ratio: 6.65
Mortgage as Percentage of Income: 46.01%
Loan Affordability Index: 2.17
Price to Rent Ratio - City Centre: 15.05
Price to Rent Ratio - Outside of Centre: 10.69
Gross Rental Yield (City Centre): 6.64%
Gross Rental Yield (Outside of Centre): 9.35%
Rent Per Month
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Apartment (1 bedroom) in City Centre 800.00 € 600.00-1,000.00
Apartment (1 bedroom) Outside of Centre 687.50 € 600.00-900.00
Apartment (3 bedrooms) in City Centre 1,314.29 € 1,100.00-1,700.00
Apartment (3 bedrooms) Outside of Centre 1,116.67 € 900.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 234.51 € 213.68-260.13
Price per Square Feet to Buy Apartment Outside of Centre 142.44 € 92.90-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,525.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.43 3.00-3.54

These data are based on 73 entries in the past 18 months from 13 different contributors.
Last update: November 2024

Sources and References
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