Palmas de Gran Canaria, Las · Las Palmas · 35008

Bare-ownership studio by Las Canteras

€116,420 2,430 €/m²

47.9 m² first-floor studio with sea views and terrace, located 5 metres from Las Canteras Beach. Sold as bare ownership with lifetime usufruct.

Estimated monthly account

Rental income+€388/month
Mortgage 80% · 25 years · Euribor 2.95%−€439/month
Costs IBI, service charge, allowance · estimated−€10/month
Net cash flow −€62/month

Estimated up-front investment €32,598 · 20% deposit + 8.0% purchase costs includes 6.5% transfer tax in Canarias; reduced rates may apply

Reference D795 · On Inmoblia since 4 September 2026 · Published by Ziegel

The property

Specifications

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

Type
Studio
Built area
48 m²
Bedrooms
1
Bathrooms
1
Floor
Transaction type
Bare ownership
Fittings

Fittings and extras

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

  • Terrace +3
  • Sea views +6

The advert also mentions:

  • Lifetime usufruct retained by seller
  • Usufruct holder aged 69
  • Five metres from Las Canteras Beach
  • Office area
  • Living-dining room
  • Entrance hall

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

How these values score

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+3.3% interanual
119.6 20112014201820212024 101.4 · 2011101.4 · 2011100.8 · 2012100.8 · 201299 · 201399 · 201399.3 · 201499.3 · 2014100 · 2015100 · 2015101.4 · 2016101.4 · 2016103.3 · 2017103.3 · 2017105 · 2018105 · 2018108.2 · 2019108.2 · 2019108.9 · 2020108.9 · 2020110.7 · 2021110.7 · 2021113.2 · 2022113.2 · 2022115.7 · 2023115.7 · 2023119.6 · 2024119.6 · 2024

Housing transactions

MIVAU · deals per year

+3.6% interanual
4,118 20112015201820222025 1,836 · 20111,836 · 20112,098 · 20122,098 · 20121,652 · 20131,652 · 20131,909 · 20141,909 · 20142,125 · 20152,125 · 20152,611 · 20162,611 · 20163,242 · 20173,242 · 20173,373 · 20183,373 · 20183,508 · 20193,508 · 20192,653 · 20202,653 · 20203,494 · 20213,494 · 20214,276 · 20224,276 · 20223,526 · 20233,526 · 20233,974 · 20243,974 · 20244,118 · 20254,118 · 2025

Investment guide for Palmas de Gran Canaria, Las

Municipal demand

The structural depth of demand in the area.

3.7 yearsPurchase affordability
median 7.8 years years of household income to pay for the home (€31,862/year)
15%Rent burden
median 33% annual rent as a share of household income · healthy below 30%
25 yearsPrice / Rent (PER)
median 28.9 years years of rent to pay off the purchase · lower is cheaper relative to its rent
+1.3%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
12%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+11.5‰Net migration
median 11.8‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−4.6% interanual
28,712 20192021202320242026 39,507 · 201939,507 · 201944,621 · 202044,621 · 202044,638 · 202144,638 · 202137,998 · 202237,998 · 202235,451 · 202335,451 · 202332,800 · 202432,800 · 202430,111 · 202530,111 · 202528,712 · 202628,712 · 2026

Average gross income

AEAT · annual tax return

+4.9% interanual
€31,862 20132016201820212023 €26,245 · 2013€26,245 · 2013€26,207 · 2014€26,207 · 2014€26,709 · 2015€26,709 · 2015€27,694 · 2016€27,694 · 2016€28,244 · 2017€28,244 · 2017€28,916 · 2018€28,916 · 2018€29,482 · 2019€29,482 · 2019€28,268 · 2020€28,268 · 2020€29,269 · 2021€29,269 · 2021€30,383 · 2022€30,383 · 2022€31,862 · 2023€31,862 · 2023

Registered population

INE · yearly population register

0.0% interanual
381,868 20112014201720202025 383,343 · 2011383,343 · 2011383,343 · 2011383,343 · 2011383,343 · 2011383,343 · 2011383,343 · 2011383,343 · 2011382,296 · 2012382,296 · 2012382,296 · 2012382,296 · 2012382,296 · 2012382,296 · 2012382,296 · 2012382,296 · 2012383,050 · 2013383,050 · 2013383,050 · 2013383,050 · 2013383,050 · 2013383,050 · 2013383,050 · 2013383,050 · 2013382,283 · 2014382,283 · 2014382,283 · 2014382,283 · 2014382,283 · 2014382,283 · 2014382,283 · 2014382,283 · 2014379,766 · 2015379,766 · 2015379,766 · 2015379,766 · 2015379,766 · 2015379,766 · 2015379,766 · 2015379,766 · 2015378,998 · 2016378,998 · 2016378,998 · 2016378,998 · 2016378,998 · 2016378,998 · 2016378,998 · 2016378,998 · 2016377,650 · 2017377,650 · 2017377,650 · 2017377,650 · 2017377,650 · 2017377,650 · 2017377,650 · 2017377,650 · 2017378,517 · 2018378,517 · 2018378,517 · 2018378,517 · 2018378,517 · 2018378,517 · 2018378,517 · 2018378,517 · 2018379,925 · 2019379,925 · 2019379,925 · 2019379,925 · 2019379,925 · 2019379,925 · 2019379,925 · 2019379,925 · 2019381,223 · 2020381,223 · 2020381,223 · 2020381,223 · 2020381,223 · 2020381,223 · 2020381,223 · 2020381,223 · 2020378,675 · 2021378,675 · 2021378,675 · 2021378,675 · 2021378,675 · 2021378,675 · 2021378,675 · 2021378,675 · 2021378,797 · 2022378,797 · 2022378,797 · 2022378,797 · 2022378,027 · 2023378,027 · 2023378,027 · 2023378,027 · 2023380,436 · 2024380,436 · 2024380,436 · 2024380,436 · 2024381,868 · 2025381,868 · 2025381,868 · 2025381,868 · 2025

Net international migration

INE · immigration − emigration · yearly

0.0% interanual
4,393 2021202220232024 2,175 · 20212,175 · 20213,660 · 20223,660 · 20224,393 · 20234,393 · 20234,393 · 20244,393 · 2024

Recorded offences

Ministry of the Interior · cumulative

+79.8% interanual
44,259 202420252026 5,308 · 20245,308 · 202410,015 · 202410,015 · 202414,785 · 202414,785 · 202419,691 · 202419,691 · 202424,621 · 202524,621 · 202529,514 · 202529,514 · 202534,653 · 202534,653 · 202539,489 · 202539,489 · 202544,259 · 202644,259 · 2026

Recorded offences (municipalities over 20,000 residents only, from 2024) are territorial context: they do not label an area “safe” or “unsafe”, nor do they measure tenant risk.

Comparables

Similar properties nearby

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

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:

  • Possession: that it is vacant, with no squatters and no tenants on a live contract.
  • If it is let, the current rent, the type of contract and its expiry date.
  • The real state of repair and services (possible hidden renovation work) and a valid energy certificate.
  • 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.