City · Canary Islands

Buying a home in Las Palmas de Gran Canaria: taxes, fees and prices

Taxes at the region's official rates · appraised values of the ministry · INE house price index.

In short

On a €300,000 resale home in Las Palmas de Gran Canaria (Canary Islands), transfer tax and land registry fees come to €19,701 (6.5% tax at the general rate). Homes in Las Palmas de Gran Canaria were appraised at €2,337/m² in Q2 2026, +14.2% over a year.

Calculate for Las Palmas de Gran Canaria

If you buy

Taxes, land registry and loan in Las Palmas de Gran Canaria

General rates of Canary Islands. Change any field: the amounts are recalculated instantly.

Value taxed€300,000
Transfer tax (ITP)€19,500 (6.5%)
Land registry (registration + presentation)€201
Buyer total (taxes + land registry)€19,701
Notary's deed fee (the seller's by default)€388
Loan of 80% of the price€240,000
Monthly payment, 25 years at 3.134%€1,155

General rates only: no reduced rates, notary copies, gestoría or valuation. All the rates and sources.

If you sell

Income tax on the gain

National rates, the same in every region: your tax residence decides.

Capital gain€80,000
Rate on the gain19%
Income tax on the gain€15,200
Buyer's 3% withholding (advance)€12,000
Left to pay on the return€3,200

Non-resident: 19% on the gain (IRNR); the buyer withholds 3% of the price (form 211), the seller settles on form 210 and the 3% is credited.

Plusvalía municipal, exemptions and agency fees are not computed. Capital gains tax on a home sale.

The questions, answered

How much transfer tax on a €300,000 resale home in Las Palmas de Gran Canaria?

At the general rate of Canary Islands (6.5%), €300,000 bought in Las Palmas de Gran Canaria pays €19,500 of transfer tax (ITP) and €201 of land registry fees: €19,701 for the buyer, before notary copies and any reduced rate; the base is the higher of price and Catastro reference value.

What is a home worth per square metre in Las Palmas de Gran Canaria?

Approved valuers appraised open-market homes in Las Palmas de Gran Canaria at €2,337/m² in Q2 2026 (1,058 valuations), +14.2% over a year; the figure is €2,355/m² for Spain and €2,263/m² for the province of Las Palmas.

Are home prices rising in Las Palmas de Gran Canaria?

Yes: appraised values in Las Palmas de Gran Canaria changed by +14.2% over a year. For Canary Islands as a whole the INE index moved +11% (Spain: 12.2%).

Reading the numbers for Las Palmas de Gran Canaria

By appraised value, Las Palmas de Gran Canaria is 38th of the 55 cities Payotte covers, from the dearest down. At €2,337/m² it sits almost exactly the Spanish average of €2,355/m².

Within Canary Islands it ranks 4th of 6 covered cities, almost exactly the regional average of €2,279/m². The province of Las Palmas is at €2,263/m², so the city is €74 above its province.

The appraised value is up €291/m² from €2,047 a year earlier (+14.2%), 1.7 points faster than the national rise (+12.5%) and in step with Canary Islands as a whole (+14.2%). On a 90 m² home at the average, the year's move is worth about €26,154.

Taken at the average appraised value, €300,000 buys roughly 125 m² in Las Palmas de Gran Canaria. A 90 m² home at that value would be about €210,000; the buyer's taxes and registry fees on a resale come to €13,827 (6.5%). Arithmetic on an average, not a valuation.

The Las Palmas de Gran Canaria figure rests on 1,058 valuations, or 2.8 valuations per 1,000 inhabitants. With 381,868 inhabitants it is the 9th most populated of the 55 cities covered.

On that ladder the next city up is Gijón at €2,343/m² (€6 more), and the next one down is Santa Cruz de Tenerife at €2,330/m² (€7 less). The dearest covered city, Santa Eulària des Riu, is at €6,844/m², €4,507 above Las Palmas de Gran Canaria; the cheapest, Cartagena, at €1,486/m², €852 below. A year earlier it ranked 39th, so it has climbed one place.

Typical sizes at the average appraised value of Las Palmas de Gran Canaria
SizePrice at that valueBuyer taxes, resaleBuyer taxes, new build
50 m²€117,000€7,743 (6.5%)€9,498
70 m²€164,000€10,824 (6.5%)€13,284
90 m²€210,000€13,827 (6.5%)€16,977
120 m²€280,000€18,396 (6.5%)€22,596

The figures

MeasureValueSource
Transfer tax (ITP) on €300,000€19,500Decreto Legislativo 1/2009, art. 31.1.a)
Land registry on €300,000€201Real Decreto 1427/1989
Notary's deed fee on €300,000 (seller by default)€388Real Decreto 1426/1989
Appraised value, Q2 2026€2,337/m²Ministry, 1,058 valuations
Appraised value, Q2 2025€2,047/m²Ministry
Province of Las Palmas, Q2 2026€2,263/m²Ministry
Canary Islands, appraised value, Q2 2026€2,279/m²Ministry (+14.2% a year)
Canary Islands, INE house price index, change over a year+11%INE, Q2 2026
Population, 1 January 2025381,868INE, Padrón

Valuers' averages, not sale prices; changes computed by Payotte.

Buying from abroad

What differs for a foreign buyer: Buying as a foreigner · non-resident tax calculator · purchase costs in every region.

Closest in appraised value

Sources