Gran Canaria's vibrant capital, with one of Europe's best city beaches and a growing international remote-work scene
The property market in Las Palmas is broad and less seasonal than the south island's pure resort destinations, with a good mix of Spanish and international buyers.
Why Las Palmas de Gran Canaria?
Sell property in Las Palmas de Gran Canaria — the market for sellers
Considering selling property in Las Palmas de Gran Canaria? The property market in Las Palmas is broad and less seasonal than the south island's pure resort destinations, with a good mix of Spanish and international buyers.
As a seller in Las Palmas de Gran Canaria, you typically face an international pool of buyers — that is an advantage, as it significantly widens your potential audience beyond the local Spanish market, but it also requires marketing that speaks to foreign buyers. Selling property in Las Palmas de Gran Canaria requires a strategy aimed at international buyers.
What is your property worth in Las Palmas de Gran Canaria?
The price level in Las Palmas de Gran Canaria ranks as a well-balanced mid-range a market compared with the rest of the the Canary Islands. An apartment typically sells in the range of 150,000-280,000 EUR, while a house sits around 220,000-420,000 EUR and a villa from 400,000-800,000 EUR — but the exact right price naturally depends on condition, location and views.
We recommend getting an independent valuation from a local agent who knows Las Palmas de Gran Canaria, as well as comparing with actual completed sales in the area — not just asking prices, which are often set high for negotiation purposes.
How to sell your property in Las Palmas de Gran Canaria
Start by gathering the necessary paperwork: the title deed (título de propiedad), the most recent IBI receipts, the energy certificate and documentation of any community fees. Without these in place, a sale cannot be completed at the notary.
Then choose an agent with experience in Las Palmas de Gran Canaria and ideally an international network — many buyers come from abroad and find the property via English-language or Scandinavian portals. Good photography and a realistic asking price are crucial for a quick sale.
Taxes and fees when selling in Las Palmas de Gran Canaria
As a seller in the Canary Islands you must pay plusvalía municipal — a local tax based on the increase in the cadastral value of the land since your purchase. In addition, Capital Gains Tax of 19% is paid on the actual profit for EU citizens, and 3% of the sale price is automatically withheld as advance tax if you are a non-resident.
Any gain from the sale may also need to be declared in your home country, but the double taxation treaty between Spain and most countries ensures that you do not pay full tax twice. Always seek advice from an accountant experienced in cross-border taxation before the sale.
Tips for selling property in Las Palmas de Gran Canaria quickly and at the best price
To sell property in Las Palmas de Gran Canaria as quickly as possible, you should highlight what is unique about your property: las canteras — one of europe's best city beaches is something many foreign buyers are specifically looking for in Las Palmas de Gran Canaria.
Professional photography and home staging are essential for selling property in Las Palmas de Gran Canaria at the best price — international buyers often decide based on photos alone. A good agent with experience in selling property in Las Palmas de Gran Canaria is your most important partner.
What raises your sale price in Las Palmas de Gran Canaria
Las Palmas' biggest selling point is the combination of a world-class city beach in the middle of a real, functioning capital — something hard to find elsewhere in Spain. The growing digital-nomad scene has also driven up demand for well-located apartments in recent years.
Homes with views of, or walking distance to, Las Canteras achieve the highest price premium. Highlight the city's authenticity and year-round job market as an advantage for buyers wanting more than a pure holiday home.
Frequently asked questions about selling in Las Palmas de Gran Canaria
What tax do I pay when I sell my property in Las Palmas de Gran Canaria?
You must pay plusvalía municipal to the town hall, as well as Capital Gains Tax of 19% on your profit as an EU citizen. If you are a non-resident, 3% of the sale price is automatically withheld as advance tax at completion.
How long does it take to sell a property in Las Palmas de Gran Canaria?
With a realistic price and good marketing, properties in Las Palmas de Gran Canaria typically sell within 3-6 months. Particularly sought-after homes with sea views or in popular areas can sell faster.
Do I need an agent to sell in Las Palmas de Gran Canaria?
It is not a legal requirement, but it is strongly recommended — especially since a large share of buyers come from abroad. A local agent with an international network significantly increases your visibility and knows the local price level.
Can I sell my property in Las Palmas de Gran Canaria without being in Spain?
Yes. You can grant power of attorney (poder notarial) to your lawyer, who can then represent you throughout the process, including signing at the notary, without you needing to travel to Spain.
What is plusvalía and do I have to pay it in Las Palmas de Gran Canaria?
Plusvalía municipal is a local tax on the increase in value of the land under your property since your purchase. It is paid by the seller in all property transactions in Spain, including in Las Palmas de Gran Canaria, and the amount is set by the local town hall.
Need help selling your property in Las Palmas de Gran Canaria?
Contact us for a no-obligation chat about your options in Las Palmas de Gran Canaria. We give impartial advice and help you move forward — whether you're just starting your research or ready to take the next step.
Contact us about Las Palmas de Gran Canaria