An apartment (piso/apartamento) in a residential building, often with access to a shared pool and facilities. The most common and affordable property type on both coasts. Maspalomas has one of the Canary Islands' highest and most stable occupancy rates, thanks to the year-round mild climate — there is genuinely no real off-season.
First-time buyers, investors and those who want low maintenance and shared facilities.
Price level: The most accessible property type price-wise — often from around 100,000-150,000 EUR in the more affordable areas.
Apartments for long-term rental in Maspalomas — what you need to know
Apartments for long-term rental in Maspalomas 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.
Apartments — or flats, as they're also known — are by far the most common property type in Maspalomas and form the core of the international property market on the the Canary Islands. Most Spanish holiday apartments (pisos and apartamentos) are in urbanizaciones with a shared swimming pool, communal areas and parking — a setup that means low maintenance and easy rental income, but also monthly community fees (cuota de comunidad) typically between 100 and 350 EUR. Floor level matters a great deal for price: ground-floor units sell cheapest (though popular with seniors), while upper floors typically command a premium of 10-25% for the views.
In Maspalomas, beachfront apartments are prized and are sometimes sold "off-plan" — before construction is complete — at a lower price, but with the risk of delays. Resale apartments, on the other hand, let you see exactly what you are buying and are typically quicker to take over. Always ask for the energy certificate and the minutes from the most recent owners' association meeting, as these reveal any upcoming maintenance issues that could mean extra costs down the line.
Clarify your purpose before buying or renting an apartment in Maspalomas: a holiday home for personal use, a rental investment and a full-time residence each have slightly different requirements when it comes to location and facilities. Beachfront apartments achieve the best rental yields but cost correspondingly more. Pay particular attention to the cuota de comunidad and the owners' association finances — community fees covering lifts, pools, security and maintenance can vary considerably and should always be documented by the seller before you sign anything.
Prices for apartments in Maspalomas
Maspalomas is a well-balanced mid-range property market compared with the rest of the the Canary Islands. Apartments in Maspalomas typically cost 150,000-280,000 EUR — 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.
Apartments in Maspalomas — the town's character and location
Maspalomas has one of the Canary Islands' highest and most stable occupancy rates, thanks to the year-round mild climate — there is genuinely no real off-season.
Maspalomas attracts international buyers for: the iconic sand dunes and lighthouse, one of europe's most established scandinavian holiday scenes and playa del inglés nightlife and the luxurious meloneras. This makes Maspalomas an attractive place to rent an apartment — not only for personal use but also for letting out and future resale. Need an English-speaking local estate agent in Maspalomas? Contact us here and we will put you in touch with the right local advisor.
Long-term rental of apartments in Maspalomas — 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.
Apartments in Maspalomas 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 Maspalomas — book a no-obligation chat here.
FAQ: Apartments in Maspalomas
What do apartments in Maspalomas cost?
Apartments in Maspalomas 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 an apartment in Maspalomas a good choice?
First-time buyers, investors and those who want low maintenance and shared facilities. Maspalomas is on the the Canary Islands and offers a well-balanced mid-range property market — making an apartment here an attractive choice compared with many other destinations on the coast.
What should I check when renting an apartment in Maspalomas?
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 apartment in Maspalomas 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 apartment in Maspalomas?
Contact us for a no-obligation chat about apartments in Maspalomas. We give impartial advice and help you move forward — wherever you are in the process.
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