Property Prices in Las Palmas de Gran Canaria, Spain

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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: 14.87
Price to Rent Ratio - Outside of Centre: 9.83
Gross Rental Yield (City Centre): 6.73%
Gross Rental Yield (Outside of Centre): 10.17%
Rent Per Month
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Apartment (1 bedroom) in City Centre 710.00 € 450.00-1,200.00
Apartment (1 bedroom) Outside of Centre 633.33 € 500.00-900.00
Apartment (3 bedrooms) in City Centre 1,150.00 € 1,000.00-1,700.00
Apartment (3 bedrooms) Outside of Centre 1,175.00 € 900.00-1,500.00
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 49 entries in the past 18 months from 9 different contributors.
Last update: July 2024

Sources and References
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