Property Prices in Las Palmas de Gran Canaria, Spain

Index Info
Price to Income Ratio: 6.17
Mortgage as Percentage of Income: 42.59%
Loan Affordability Index: 2.35
Price to Rent Ratio - City Centre: 14.06
Price to Rent Ratio - Outside of Centre: 9.93
Gross Rental Yield (City Centre): 7.11%
Gross Rental Yield (Outside of Centre): 10.07%
Rent Per Month
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Apartment (1 bedroom) in City Centre 700.00 € 650.00-800.00
Apartment (1 bedroom) Outside of Centre 562.50 € 500.00-650.00
Apartment (3 bedrooms) in City Centre 1,133.33 € 1,000.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 966.67 € 800.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 190.45 € 167.22-213.68
Price per Square Feet to Buy Apartment Outside of Centre 110.86 € 83.61-156.08
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 38 entries in the past 18 months from 9 different contributors.
Last update: April 2024

Sources and References
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