Mogán Property Prices, Rents & Rental Yields

About Mogán

Mogán, on Gran Canaria’s southwestern coast, combines harbour life, resort scenery and hillside neighbourhoods with year-round sunshine. For apartment buyers, that mix has long made the area a distinctive island address where coastal setting and everyday convenience sit close together.

September 2026 brings a clear message for apartment investors in Mogán: pricing is still moving upward, but the monthly pace is selective rather than sharp. The average sale price held at €289,250, edging up 0.1% month on month, while the average price per square metre reached €5,310, up 1.0%. That suggests values are continuing to firm even without a dramatic jump in headline transactions.

The rental side points to a different kind of tension. Average rent slipped to €1,350 in September, down 1.5% from the previous month, yet rents remain well above last year, up 12.5%. Against that backdrop, the estimated gross yield stands at 5.85%, a level that indicates income potential is still present, but now alongside higher entry pricing and less immediate rent momentum. Year on year, the market remains firmly higher, with the average sale price up 9.2% and the average price per square metre up 10.2%, reinforcing the idea that Mogán’s apartment market continues to reprice even as monthly rent growth cools.