Historic Vegueta building, 690 m²

€1,850,000 2,681 €/m²

Three-storey building with 690 m² across a 230 m² plot in Vegueta, near Santa Ana Cathedral. The layout supports boutique hotel, hospitality, commercial or residential redevelopment concepts.

Reference EL659 · On Inmoblia since 2 September 2026 · Published by Elite Real Estate

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: 690 m²
Plot: 230 m²
Bedrooms: 15
Floors in the property: 3

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+3.3% interanual

Housing transactions

MIVAU · deals per year

+3.6% interanual

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 Palmas de Gran Canaria, Las

Municipal demand

The structural depth of demand in the area.

+1.3%Rent trajectory

0 = flat average annual growth of the municipal rent index (INE)

Registered unemployment

SEPE · yearly average

−4.7% interanual

Average gross income

AEAT · annual tax return

+4.9% interanual

Registered population

INE · yearly population register

0.0% interanual

Net international migration

INE · immigration − emigration · yearly

0.0% interanual

Recorded offences

Ministry of the Interior · cumulative

+79.8% interanual

Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

They sell for…

Comparable sales in Palmas de Gran Canaria, Las, including those already sold.

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.