Pájara · Las Palmas

Mixed building in Morro Jable, 410 m²

€1,600,000 3,902 €/m²

Two-storey mixed-use building with two two-bedroom homes and a 260 m² open space suitable for business or warehouse use. Built in 2002, vacant, with terraces, balcony and sea views.

Reference 4247-00228 · On Inmoblia since 27 August 2026 · Published by Remax Aqua

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type
Building
Built area
410 m²
Bedrooms
4
Bathrooms
2
Floors in the property
2
Year built
2002
Occupancy
Vacant
Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

  • Terrace
  • Balcony
  • Sea views

The advert also mentions:

  • Two two-bedroom homes
  • 260 m² open space suitable for business or warehouse use
  • Freezing and cooling chamber

Free text we could not normalise into a comparable attribute, so it does not score.

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

  • Ready to move intoFree of tenants: available to let from day one.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+3.0% interanual
118.5 20112014201820212024 98.3 · 201198.3 · 201198.9 · 201298.9 · 201297.3 · 201397.3 · 2013100.4 · 2014100.4 · 2014100 · 2015100 · 2015103 · 2016103 · 2016105.7 · 2017105.7 · 2017109.5 · 2018109.5 · 2018111.4 · 2019111.4 · 2019107.3 · 2020107.3 · 2020107.9 · 2021107.9 · 2021112.5 · 2022112.5 · 2022115.1 · 2023115.1 · 2023118.5 · 2024118.5 · 2024

Housing transactions

MIVAU · deals per year

−21.3% interanual
392 20112015201820222025 157 · 2011157 · 2011184 · 2012184 · 2012256 · 2013256 · 2013340 · 2014340 · 2014285 · 2015285 · 2015427 · 2016427 · 2016284 · 2017284 · 2017334 · 2018334 · 2018322 · 2019322 · 2019197 · 2020197 · 2020276 · 2021276 · 2021396 · 2022396 · 2022337 · 2023337 · 2023498 · 2024498 · 2024392 · 2025392 · 2025

These series describe the municipality's housing market; for this asset they are context for the area, not for its own segment.

Investment guide for Pájara

Municipal demand

The structural depth of demand in the area.

+1.5%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)

Registered unemployment

SEPE · yearly average

−1.8% interanual
642 20192021202320242026 1,527 · 20191,527 · 20192,261 · 20202,261 · 20202,139 · 20212,139 · 20211,046 · 20221,046 · 2022730 · 2023730 · 2023686 · 2024686 · 2024654 · 2025654 · 2025642 · 2026642 · 2026

Average gross income

AEAT · annual tax return

+6.0% interanual
€23,845 20132016201820212023 €18,929 · 2013€18,929 · 2013€18,705 · 2014€18,705 · 2014€19,136 · 2015€19,136 · 2015€20,077 · 2016€20,077 · 2016€20,806 · 2017€20,806 · 2017€20,977 · 2018€20,977 · 2018€20,946 · 2019€20,946 · 2019€18,480 · 2020€18,480 · 2020€20,092 · 2021€20,092 · 2021€22,495 · 2022€22,495 · 2022€23,845 · 2023€23,845 · 2023

Registered population

INE · yearly population register

0.0% interanual
21,570 20112014201820222025 20,565 · 201120,565 · 201120,565 · 201120,565 · 201120,500 · 201220,500 · 201220,500 · 201220,500 · 201220,931 · 201320,931 · 201320,931 · 201320,931 · 201319,679 · 201419,679 · 201419,679 · 201419,679 · 201419,271 · 201519,271 · 201519,271 · 201519,271 · 201519,394 · 201619,394 · 201619,394 · 201619,394 · 201619,823 · 201719,823 · 201719,823 · 201719,823 · 201720,539 · 201820,539 · 201820,539 · 201820,539 · 201821,093 · 201921,093 · 201921,093 · 201921,093 · 201921,349 · 202021,349 · 202021,349 · 202021,349 · 202021,014 · 202121,014 · 202121,014 · 202121,014 · 202120,751 · 202220,751 · 202220,751 · 202220,751 · 202221,271 · 202321,271 · 202321,271 · 202321,271 · 202321,614 · 202421,614 · 202421,614 · 202421,614 · 202421,570 · 202521,570 · 202521,570 · 202521,570 · 2025

Net international migration

INE · immigration − emigration · yearly

+105.4% interanual
191 2021202220232024 -191 · 2021-191 · 2021722 · 2022722 · 202293 · 202393 · 2023191 · 2024191 · 2024

Recorded offences

Ministry of the Interior · cumulative

+83.5% interanual
3,338 202420252026 323 · 2024323 · 2024658 · 2024658 · 20241,004 · 20241,004 · 20241,365 · 20241,365 · 20241,819 · 20251,819 · 20252,240 · 20252,240 · 20252,625 · 20252,625 · 20252,958 · 20252,958 · 20253,338 · 20263,338 · 2026

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

  • The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
  • The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
  • Charges, mortgages, seizures or easements in the Land Registry extract.