A top-floor apartment (ático) with a large terrace and often panoramic sea views. Priced at the higher end of the apartment market. Las Palmas has steady demand both from long-term tenants (students, remote workers, residents) and tourists drawn to the Las Canteras beach right in the city.
Those who want the convenience of an apartment combined with the outdoor living of a villa — perfect for sunsets.
Price level: Typically 20-40% more expensive than a regular apartment in the same building, thanks to the terrace and views.
Penthouses for long-term rental in Las Palmas de Gran Canaria — what you need to know
Penthouses for long-term rental in Las Palmas de Gran Canaria are a popular choice for international buyers on the the Canary Islands. Here is our complete guide — with prices, practical advice and what to look out for.
Penthouses (áticos) are the most exclusive apartments in Las Palmas de Gran Canaria — rooftop apartments with large private terraces, panoramic views and in many cases a private outdoor pool reserved for just that top apartment. Pricewise, they typically sit 20-45% above comparable apartments in the same building, but for that money you get a property type that combines apartment convenience with the outdoor living and privacy of a villa. The terrace access gives you space for outdoor dining and relaxing with views over Las Palmas de Gran Canaria and the sea — something international buyers consistently rank as a top priority.
In Las Palmas de Gran Canaria, the penthouse market is characterised by strong and consistent demand from international buyers, as they offer an experience that is hard to find elsewhere: breakfast on your private terrace with a sea view, typically no neighbours above you, and the best natural light in the entire building. Bear in mind that rooftop terraces come with the highest maintenance cost — waterproofing needs to be checked and maintained regularly to prevent rainwater ingress. Always ask about the status of the roof waterproofing in the owners' association minutes before buying.
Compared with other property types, penthouses in Las Palmas de Gran Canaria tend to have the shortest time on the market and the strongest price growth — they rarely sell below asking price in the most popular urbanizaciones. Be aware, however, that the term is used broadly: from true rooftop apartments with a private pool to simply the top floor with a slightly larger balcony. Verify that the size and legal status of the terrace are reflected in the title deeds, as private terraces are not always correctly registered at the land registry.
Prices for penthouses in Las Palmas de Gran Canaria
Las Palmas de Gran Canaria is a well-balanced mid-range property market compared with the rest of the the Canary Islands. Penthouses in Las Palmas de Gran Canaria typically cost 195,000-364,000 EUR (20-40% premium over a regular apartment for the terrace and views) — equivalent to around 1,800-3,500 EUR per square metre for a well-maintained property. On top of that, allow for a deposit of 1-2 months' rent and any administration fees.
For a long-term rental, monthly rent typically lands at 700-1,300 EUR per month for a 2-bedroom apartment. If you opt for short-term/holiday letting instead, prices vary strongly by season — expect 700-1,800 EUR per week in high season for an apartment or smaller villa in high season.
Penthouses in Las Palmas de Gran Canaria — the town's character and location
Las Palmas has steady demand both from long-term tenants (students, remote workers, residents) and tourists drawn to the Las Canteras beach right in the city.
Las Palmas de Gran Canaria attracts international buyers for: las canteras — one of europe's best city beaches, the historic vegueta district and rich cultural life and a growing hub for digital nomads and remote work. This makes Las Palmas de Gran Canaria an attractive place to rent a penthouse — not only for personal use but also for letting out and future resale. Need an English-speaking local estate agent in Las Palmas de Gran Canaria? Contact us here and we will put you in touch with the right local advisor.
Long-term rental of penthouses in Las Palmas de Gran Canaria — practical advice and terms
Long-term rentals (over 6-12 months) are regulated by the Spanish tenancy law (LAU) and give you as a tenant significantly stronger rights — including the possibility of staying for up to 5 years, even if the contract was originally shorter. Always get the rental agreement in writing, confirm the deposit terms and make sure a check-in report is in place documenting the property's condition at handover.
Penthouses in Las Palmas de Gran Canaria are an attractive option on the the Canary Islands for long-term tenants. Verify that the property is correctly registered, and ask for a copy of the energy certificate. Solhav is happy to put you in touch with an English-speaking rental specialist in Las Palmas de Gran Canaria — book a no-obligation chat here.
FAQ: Penthouses in Las Palmas de Gran Canaria
What do penthouses in Las Palmas de Gran Canaria cost?
Penthouses in Las Palmas de Gran Canaria typically cost 150,000-280,000 EUR, depending on location, condition and any views. Beachfront properties and those with sea views are at the upper end of the range. Remember to add ITP transfer tax (6.5% in the Canary Islands) plus notary and legal fees to the buying costs.
Is a penthouse in Las Palmas de Gran Canaria a good choice?
Those who want the convenience of an apartment combined with the outdoor living of a villa — perfect for sunsets. Las Palmas de Gran Canaria is on the the Canary Islands and offers a well-balanced mid-range property market — making a penthouse here an attractive choice compared with many other destinations on the coast.
What should I check when renting a penthouse in Las Palmas de Gran Canaria?
Community fees (cuota de comunidad), the owners' association finances and any upcoming maintenance works. Ask for the association's minutes and balance sheet for the past two years.
Can I let out my penthouse in Las Palmas de Gran Canaria when I am not using it?
Yes. Short-term letting requires a tourist licence issued by the the local cabildo (island council). The licence number must appear in all listings on Airbnb and Booking.com, and fines for unlicensed letting can run into tens of thousands of euros.
Want to rent a penthouse in Las Palmas de Gran Canaria?
Contact us for a no-obligation chat about penthouses in Las Palmas de Gran Canaria. We give impartial advice and help you move forward — wherever you are in the process.
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