Mogán Property Prices, Rents & Rental Yields

About Mogán

Mogán on Gran Canaria’s southwest coast combines marina life, sheltered coves and a relaxed year-round island setting. Its apartment market reflects that same coastal appeal, with pricing shaped by limited space and a steady international profile across one of the Canary Islands’ most recognisable destinations.

July 2026 brings the clearest signal yet: rents are moving faster than sale values, narrowing the gap between income growth and capital appreciation. The average apartment rent reached €1,300, up 7.2% on the month and 8.3% over the year, while the average sale price was €289,500, rising just 0.2% month on month but 11.1% year on year.

That tension is also visible in the pricing per square metre, which stood at €5,260, up 0.2% from the previous month and 9.1% compared with a year earlier. Against that backdrop, the reported yield of 5.72% suggests Mogán still offers a measured income return, but one that sits alongside clearly firmer acquisition costs than a year ago. For investors, the July picture is less about a broad market surge than about a market where rents continue to reprice upward while purchase values advance more steadily.