Sorello Guides

Telde: purchase costs and the yearly bill

Second homes are a minority presence, at 18,26 % of the dwelling stock. Telde is one of the larger municipalities of Las Palmas, with a housing stock too varied to describe by a single average. The appraised average of 1.796,3 €/m² is close to the ordinary Spanish level.

The one-off cost at signing

The Canary Islands transfer tax applies to resale purchases in Telde; a new build is charged VAT and stamp duty instead. The Canary Islands rate is 6,5 %, around the middle of the Spanish range.

Transfer tax on a resale purchase, at three illustrative prices
Purchase priceTransfer tax
200.000 €13.000 €
350.000 €22.750 €
600.000 €39.000 €

The three prices are round illustrative figures chosen to bracket the ordinary range, not measurements of this market.

The reduced rates, stamp duty and the deed checklist for Canary Islands

Against the rest of the province

Among the Las Palmas towns and cities covered here, it records the second highest population.

Put beside the rest of the country, its total dwelling stock belongs to the band just inside the top fifth.

Among the Las Palmas towns and cities covered here, it records the lowest rural property-tax rate.

Over the whole guide, the count of registered residential units recorded here falls within the band just inside the top fifth.

On premium a new build commands over an older home it is the lowest of the Las Palmas municipalities this guide covers.

In context

Over the whole guide, the number of urban cadastral units recorded here falls within the top quarter.

Compared with the rest of Las Palmas in this guide, it sits lowest on appraised value of a home under five years old.

On a national view, its urban property-tax rate falls into the bottom quarter.

Take Las Palmas alone: among the municipalities here, its appraised value of an older home is the lowest.

Country-wide, that number of appraisals behind the average is one of the band just below the top quarter.

Against the rest of the province

Compared with the rest of Las Palmas in this guide, it sits highest on share of the urban register that is housing.

Country-wide, that year of the last cadastral revision is one of the eighth twentieth from the bottom.

Take Las Palmas alone: among the municipalities here, its number of notarised home sales is the third highest.

Over the whole guide, the share of dwellings that are not a main residence recorded here falls within the lower middle of the range.

What the market looks like

The average appraisal in Telde is 1.796,3 €/m², an ordinary Spanish level.

Unusually, homes under five years old are appraised lower than older ones, 1.751,1 €/m² against 1.796,9 €/m², which usually means the new stock sits further out.

The figure comes from 262 appraisals in the quarter.

The cadastral values are dated

The construction tax is 4 %, the statutory maximum, which matters if you plan to renovate.

The Telde register dates from 2002; a future revision could move the yearly bill significantly even if the rate never changes.

The annual cost of holding the property

The typical Telde home is on the register at 58.818 €, below the national middle.

Telde charges 0,5 % on urban property, modestly below the common level.

Rural land is charged at 0,3 %, which is nominal.

180.000 € of cadastral value at 0,5 % is 900 € a year, but the base is dated and a revision would change it sharply.

The cadastral value in this example is a round illustrative figure, not the cadastral value of any particular property here. Ask for the last IBI receipt: it states the real one.

How many homes change hands

875 home sales went through the notaries in Telde in the year — a quiet market.

First quarter was the busiest quarter and Third quarter the thinnest, but the spread was mild.

With 43.611 residential units on the register, that is moderate turnover of the existing stock.

Notarised home sales by quarter, 2025
QuarterSales
First quarter251
Second quarter214
Third quarter199
Fourth quarter211

What the housing stock is like

18,26 % of dwellings in Telde are not a main residence — a normal proportion for an inland town.

The whole stock came to 46.739 dwellings at the census.

21,34 % of Telde main homes are rented, above the national pattern.

Related guides

Sources and licences