Sorello Guides

Rent levels in Las Palmas de Gran Canaria, from declared leases

The reference for Las Palmas de Gran Canaria is 8,10 €/m², above the national middle, so a sitting tenant has more to lose from moving than the headline suggests. 21.347 declared leases stand behind the figure, so the quartiles are as solid as this statistic gets. It is 22,5 % above the reference of five years earlier.

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

A sense of scale

Judged only against Las Palmas, the number of declared leases here is the highest in the guide.

Put beside the rest of the country, its population belongs to the dearest twentieth of them all.

Of the Las Palmas municipalities covered here, this one comes third lowest on share of main homes that are rented.

Against every municipality in this guide, its upper-quartile rent per square metre lands in the top quarter.

How it ranks

On reference rent per square metre it is the seventh highest of the Las Palmas municipalities this guide covers.

Measured against the whole batch, that median floor area of a let flat sits in the band just above the bottom quarter.

Judged only against Las Palmas, the median declared monthly rent here is the third highest in the guide.

Nationally, that share of dwellings that are not a main residence falls in the lower middle of the range.

The comparison that matters

Line the Las Palmas municipalities in this guide up by lower-quartile rent per square metre and this one is the seventh highest.

Country-wide, that five-year change in the reference rent is one of the exact middle of the range.

A sizeable rental sector

22,13 % of Las Palmas de Gran Canaria main homes are rented, more than the national pattern.

18,26 % of the stock is not a main residence, a normal share for a town people live in year-round.

The reference figures, and how far apart they sit

6,11 €/m² against 10,81 €/m² is a wide spread: in Las Palmas de Gran Canaria the same nominal flat means very different things.

21.347 declared leases stand behind the figure, so the quartiles are as solid as this statistic gets.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile6,11 €/m²
Median8,10 €/m²
Upper quartile10,81 €/m²
Median monthly rent600,00 €
Median floor area77 m²

Put a quoted rent in its place

A typical declared lease in Las Palmas de Gran Canaria runs at 600,00 € a month.

The median flat in Las Palmas de Gran Canaria measures 77 m², an ordinary Spanish size.

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²336 €446 €595 €
75 m²458 €608 €811 €
100 m²611 €810 €1.081 €

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

Related guides

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