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 […]
You often hear that the cost of buying a property in Gran Canaria is about 10% on top of the price of the property.
But is it true in Las Palmas, and where exactly does all the money go?
The 10% figure is a good guideline, but the percentage varies. Costs for properties under about 100,000 euros are closer to 11%. Costs for a more expensive property are lower than 10%.
The costs that add up to approximately 10% are as follows… [Read more…]