Las Palmas de Gran Canaria · report
Empty homes in Las Palmas de Gran Canaria
14.2% of the 175,181 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 14.2%
- Empty homes
- 24,822
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| Las Palmas de Gran Canaria | 14.2% |
| Las Palmas province | 18.2% |
| Canarias | 19.4% |
| Spain | 14.4% |
The 2021 census counted a dwelling as vacant when it used almost no electricity through the year and nobody was registered in it, from administrative records rather than a visit. Second homes are counted apart and are not included. Municipalities under 1,000 inhabitants are published only as their province's total.
Other reports for Las Palmas de Gran Canaria
At the average appraised value, a 90 m² home costs €210,366. With 10% down and a 30-year mortgage, the payment is €802 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 24%
- Payment, one income
- 48%
Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.
- Rent per month
- €852
- Owning per month
- €744
Figures for Las Palmas province: Las Palmas de Gran Canaria has no reliable figures of its own.
75.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 3,244
Figures for Las Palmas province: Las Palmas de Gran Canaria has no reliable figures of its own.
Buyers living abroad bought 13.5% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 13.5%
Appraised values have fallen by 3% or more once since 2005. That fall began in Q1 2008.
- Deepest fall
- −37.9%
- Recovery from the low
- 114 months