Property Prices in Las Palmas de Gran Canaria, Spain

Index Info
Price to Income Ratio: 6.81
Mortgage as Percentage of Income: 46.96%
Loan Affordability Index: 2.13
Price to Rent Ratio - City Centre: 15.79
Price to Rent Ratio - Outside of Centre: 10.78
Gross Rental Yield (City Centre): 6.33%
Gross Rental Yield (Outside of Centre): 9.28%
Rent Per Month
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Apartment (1 bedroom) in City Centre 637.50 € 450.00-1,000.00
Apartment (1 bedroom) Outside of Centre 580.00 € 500.00-900.00
Apartment (3 bedrooms) in City Centre 1,150.00 € 1,000.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 1,066.67 € 900.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 204.29 € 167.22-231.98
Price per Square Feet to Buy Apartment Outside of Centre 127.99 € 92.90-156.08
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,313.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.40 2.15-3.50

These data are based on 45 entries in the past 18 months from 9 different contributors.
Last update: June 2024

Sources and References
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