Property Prices in Las Palmas de Gran Canaria, Spain

Index Info
Price to Income Ratio: 12.34
Mortgage as Percentage of Income: 80.88%
Loan Affordability Index: 1.24
Price to Rent Ratio - City Centre: 23.82
Price to Rent Ratio - Outside of Centre: 16.03
Gross Rental Yield (City Centre): 4.20%
Gross Rental Yield (Outside of Centre): 6.24%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 814.29 € 800.00-900.00
Apartment (1 bedroom) Outside of Centre 642.77 € 421.08-800.00
Apartment (3 bedrooms) in City Centre 1,133.33 € 1,000.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 758.33 € 650.00-950.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 353.03 € 241.55-557.41
Price per Square Feet to Buy Apartment Outside of Centre 176.51 € 139.35-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,155.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.83 1.50-3.00

These data are based on 42 entries in the past 18 months from 10 different contributors.
Last update: March 2023

Sources and References
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