Owning a beachfront property in Gran Canaria is the dream but it isn’t always as expensive as you imagine. [Read more…]
Beachfront Las Canteras property is amongst the most sought after anywhere in Spain. This is no surprise when you take into account the views and the fact that you can use it all-year-round. [Read more…]
Here’s my summary of why all foreign property buyers in Las Palmas de Gran Canaria city should work with a good estate agent.
Any why it’s a huge advantage to choose one good agent and just use them to find, view and buy your Las Palmas property.
There are two ways to find the right property in Las Palmas.
Either you contact every agent with an interesting property and arrange to view them all.
Or let a Las Palmas property finder do the hard work of contacting other agents and arranging viewings.
The second option saves you time and hassle because of how the city’s property market works. [Read more…]
Planning to sell a property in Las Palmas and wondering how to go about it? This guide explains why listing it with a quality estate agency is the best way to make the sale promptly and at the best possible price.
Recently, I sold a property on the frontline of Las Canteras beach in three months after it had been on the market for two years. Rather than reducing the price for a quick sale, I increased it because a market study showed me that it had been undervalued by the owners. [Read more…]
Property prices in the Canary Islands rose by 0.2% in the last three months of 2015, according to Spanish property valuation company Tinsa.
Prices in the Las Palmas province, which includes Gran Canaria, Fuerteventura and Lanzarote, rose by 0.4%.
Overall, prices rose by 2% across Spain, although they are still falling in many areas of the country. Madrid (3.3%) and Catalunya (5.3%) saw the largest price rises while the Balearic islands also saw above average rises (2.7%). In contrast, prices in Navarra fell by 8.5% and prices in Murcia fell by 4.3%.
The variation across Spain reflects what is happening in Gran Canaria. Prices in high demand areas, such as popular tourist hotspots in south Gran Canaria and the beachfront zones of Las Palmas, are stable or rising slowly. Property prices in residential areas away from the coast, and areas that still have lots of empty new-build property, remain stable or continue to fall.
In another positive signs for the Spanish property market, the average time needed to sell a property in Spain has, according to Tinsa, dropped from 10.6 to 10.2 months
Tinsa predicts that prices will continue to rise on average in 2016, and that even areas with falling prices will see smaller drops.
Tinsa stats for 2015 Spain property prices are highly regarded in Spain as they are independent. As a company, it carries out property valuations for Spanish banks and property owners.