Investor Profile:Retirement, Worker, Holiday, Business


Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearAverage Spring Air Temp.Average Summer Air Temp.Average Autumn Air Temp.Average Winter Air Temp.Average

Water Temp.

Proximity to:AirportBeachNearest City
17 miles (Las Palmas)0.25 milesLas Palmas
Educational facilities:No. of UniversitiesNo. of International SchoolsNo. of Private Schools
Health services:No. of Public HospitalsNo. of Private HospitalsNo. of Private Clinics
Shopping:No. of Shopping CentresNo. of Markets
Restaurants and bars:International selection of bars and restaurants, as well as local cuisine.
Sports and leisure facilities:2 marinas for sailing and other water sports. Cruising and yachting at Puerto de la Luz (also Europe’s largest port). Sports complex with tennis, horse-riding and rock-climbing. 2 golf courses, including Real Club de Las Palmas- set on an extinct volcanic crater. Annual classical music and opera festivals during autumn. 2 casinos. An auditorium. Cinema complexes.
Transport:Public TransportRoads
UTINSA bus service to most of island.Motorway to south along east coast. Motorways to Trasmontana and Tarifa Alta.
Crime rate:Medium
Main types of employmentTourist and service industries.
Future plans:None.
Yield range9.7% - 11.4%
Type of propertyEntry PriceRent-

School Holiday Peak




Off Peak

Average Annual Yield
2 bed apartment12996264951931211.4%
3 bed apartment16245377962337410.9%
3 bed townhouse24367910388314989.7%
Demand for lettingSchool Holiday PeakPeakOff peak
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
Flights scheduled from:Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Prestwick, Belfast City, Belfast International, Cork, Dublin, Shannon, Guernsey, Jersey, Norwich, Leeds/Bradford
Typical cost of flights:School Holiday PeakPeakOff Peak
Operators:Iberia, Air Europa, BA, SpanAir, Astraeus, My Travel, Britannia Airways, Air2000, Excel Airways, Monarch, Thomas Cook
Description:Las Palmas is the capital city of Gran Canaria (the 3rd largest Canary Island) and also the shopping capital of the islands.  Every shop you need can be found here.  It has a big city feel and the restaurants help to match that with cuisine from all around the world to be had.

One thing that is great about this part is that the public bus service is excellent.  So if you’re not a car driver but want to move to Spain then this city might be for you.

Despite the 3 million holidaymakers seeking sun shine and relaxation the island has maintained its rural, Mediterranean charm. Although it is no longer as popular as southern resorts, it has a large foreign population and is very cosmopolitan.

Its coastline is around 4 miles long. It also has an old quarter in the Vegueta and Triana districts in the south.  Visitors numbers are consistent and therefore demand is consistent for rental properties.  There isn’t much development going on so your purchase is likely to be a re-sale property.  The yields are slightly better than average so you can be assured that this area would be one of the safer investments.

Hot Website:
Estate Agents:NameAddressTelWeb
 Maherma, S.A,Pérez Galdós, 24-1º
Las Palmas de G.C.
tel: 0034 928 368524
fax: 0034 928 380186
website: email:
 EsicaMallorca, 13, 1º Izq. Los Tarahales
Las Palmas de Gran Canaria
tel: 0034 928 41 26 54
fax: 0034 928 42 12 37
website: email:
 Ofertas Inmobiliaria en CanariasAdv. de las Tinajas, 23
Vecindario (Las Palmas)
tel: 0034 655611795
website: email:
 Freedom 4 Sale SpainAntigua Sala de Proyeccion, Antigua Cine de Teguise, Calle Notes 15, Teguise 35530, Lanazarote(00 34) 9 28 84 59 44

Fax: (00 34) 9 28 84 59 36


Letting Agents: NameAddress TelWeb
 Canarias EstatesA./Tirajana 37, Ed. Mercurio 2, 7C, 35100 Playa del Ingles, Gran Canaria, SpainPhone 0034 928 761 159 Fax 0034 928 776 992


 Gestion Inmobiliaria MercacentroVictor Jara (C.C. Mercacentro)
35110 Vecindario. Gran Canaria
Tel/Fax:   0034 928758 111
Mobile: 0034 639 216 866


 RAO Estate.C. Botánico, local 57
35100 San Fernando de Maspalomas
Gran Canaria - España
0034 639 778 338
0034 928 76 48 37


 Grupo Vesua, S.L.C/ Drago, 48
Gáldar (Gran Canaria)
Tel: 0034 928 89 71 05

Fax: 0034 928 55 11 53