I’m Laura Leyshon and I’m Las Palmas’ resident property expert. I work for RE/MAX Cony Overseas, one of the city’s oldest estate agencies and the first RE/MAX office to open in Europe. Cony Overseas has an excellent local reputation and has helped hundreds of foreign buyers and sellers in Las Palmas and all over Gran […]
Las Palmas Property 2021: Expert Market Analysis
After the events of 2020 it feels like folly to write a guide to the Las Palmas de Gran Canaria property market for 2021: So much in Gran Canaria depends on the speed of the vaccine rollout and the return of tourism.
But look forward we must because the end of the Covid-crisis is within reach. Covid or no Covid, Gran Canaria remains a wonderful place to live and own property. [Read more…]
Gran Canaria Estate Agents Keep Ignoring Me! What’s Going On?
The most common complaint I hear from foreign buyers about Gran Canaria estate agents is that they never reply to emails. In this post I explain why this happens all the time and how to work around it.
Why won’t Gran Canaria estate agents answer my emails?
There are two main reasons why many Gran Canaria estate agents don’t answer emails and portal messages… [Read more…]
Gran Canaria Property: Coronavirus Market Update
At the end of 2019, before the world realised how dangerous the Coronavirus was, I wrote a Gran Canaria property guide for 2020. I predicted a slight drop in property prices on the island.
The market showed signs of a slowdown with February sales figures across Spain down 6% year-on-year.
However, all bets and predictions were off once the Coronavirus pandemic took hold. We are now in uncharted territory and won’t know the full effect on Gran Canaria property for some time. [Read more…]
Las Palmas Property 2020: Local Market Insight
Every year, I write a guide to the current state of the Las Palmas de Gran Canaria property market and give my predictions for the next 12 months. Here’s the Las Palmas property 2020 report.
It’s a tricky job this year because there are so many factors that could affect property prices. Mostly, it has to be said, in a negative way.
On a local scale we have a deflating touristic bubble in Gran Canaria, the collapse of Thomas Cook, a decline in holiday rental investment and a big increase in new-build property. [Read more…]
Las Palmas Property Market: The Future Is In Millennial Hands
While writing the 2020 guide to the Las Palmas de Gran Canaria property market, it occurred to me that there is a big unanswered question about the future.
If the Las Palmas property market keeps growing, who are the buyers?
Gran Canaria Delays Expected Due To New Spanish Mortgage Law
A new Spanish mortgage law comes into force on Monday 17 June 2019 and brings Spanish rules into line with EU consumer protection regulations.
It is expected to cause short delays to Gran Canaria mortgage applications and property purchases in July as banks, notaries, gestorias and estate agencies change their procedures to fit the new rules.
The main effects of the new Spanish mortgage law in Gran Canaria and across the Canary Islands are as follows… [Read more…]
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