Data updated on 27 August 2026Data updated: 27 Aug 2026

For sale Building

Arenales - Lugo - Avda. Marítima · Palmas de Gran Canaria, Las · Las Palmas

Historic Arenales building, 686 m², renovation

€690,000 1,006 €/m²

Three-storey historic building in Arenales, Las Palmas de Gran Canaria, with 686 m² built area and renovation potential. Includes one bathroom, one toilet, basement, patio, balcony and terrace.

Reference 0020-00039 · On Inmoblia since 12 August 2026 · Published by Focus Homes Inmobiliaria

The property

Specifications

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

Type: Building
Built area: 686 m²
Bathrooms: 1
Toilets: 1
Floors in the property: 3
Year built: 1910
Condition: Needs renovation
Aspect: Exterior
Energy certificate: In progress

Fittings

Fittings and extras

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

Exterior-facing
Terrace
Balcony

The advert also mentions:

Historic architecture
Basement
Patio
Alarm system
Bright interiors
High ceilings
Street views
Wooden interior joinery
Aluminium and wood exterior joinery
Ceramic flooring
Mains water
Nearby hospitals

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

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)

12%Unemployment rate (approx.)

median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)

+11.5‰Net migration

median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

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

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.

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.