Sorello Guides

La Oliva rents: the declared figures

At 8,59 €/m², La Oliva is an expensive rental market by Spanish standards. The reference has crept up by 13 % over five years, roughly in line with prices generally. It rests on 913 declared leases.

Rents declared on income-tax returns for main-residence leases, not asking prices. They lag the market and exclude holiday lets.

How it compares

On five-year change in the reference rent it is the second lowest of the Las Palmas municipalities this guide covers.

Measured against the whole batch, that median floor area of a let flat sits in the cheapest twentieth of them.

Judged only against Las Palmas, the share of dwellings that are not a main residence here is the third highest in the guide.

How it ranks

Taking every municipality covered here together, the upper-quartile rent per square metre is in the band just inside the top fifth.

Within Las Palmas, that is the sixth highest reference rent per square metre among the municipalities this guide covers.

Measured against the whole batch, that lower-quartile rent per square metre sits in the top quarter.

Put beside its neighbours

Among the Las Palmas towns and cities covered here, it records the sixth lowest number of declared leases.

Nationally, that population falls in the eighth twentieth from the bottom.

Line the Las Palmas municipalities in this guide up by median declared monthly rent and this one is the sixth highest.

How much of the stock is rented

The census publishes tenure only for the larger municipalities and the provincial capitals, so no rented share is available for La Oliva.

With 34,37 % of dwellings not a main home, long leases compete directly with seasonal use.

The reference figures

6,86 €/m² to 11,09 €/m² covers the middle half of declared leases in La Oliva — ordinary dispersion.

A quote above 11,09 €/m² needs a reason you can point at; one below 6,86 €/m² needs a survey.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile6,86 €/m²
Median8,59 €/m²
Upper quartile11,09 €/m²
Median monthly rent541,67 €
Median floor area65 m²

What a given flat should cost

A median floor area of 65 m² makes La Oliva a market of compact flats.

The reference has crept up by 13 % over five years, roughly in line with prices generally.

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²377 €472 €610 €
75 m²515 €644 €832 €
100 m²686 €859 €1.109 €

The floor areas are round illustrative sizes used to show the arithmetic, not measurements of any particular flat.

Related guides

Sources and licences