Santa Maria de Guia de Gran Canaria – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €142,000 |
| August | €145,500 |
| September | €163,250 |
| October | €180,000 |
| November | €180,000 |
| December | €180,750 |
| January | €180,000 |
| February | €180,000 |
| March | €190,730 |
| April | €202,620 |
| May | €202,790 |
| June | €193,240 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €880 |
| August | €1,030 |
| September | €860 |
| October | €780 |
| November | €840 |
| December | €710 |
| January | €770 |
| February | €730 |
| March | €740 |
| April | €750 |
| May | €750 |
| June | €700 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 7.11% |
| August | 8.65% |
| September | 7.42% |
| October | 4.97% |
| November | 5.8% |
| December | 5.72% |
| January | 5.15% |
| February | 7.14% |
| March | 6.06% |
| April | 4.5% |
| May | 4.94% |
| June | 4.83% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €1,410 |
| August | €1,440 |
| September | €1,810 |
| October | €2,250 |
| November | €2,250 |
| December | €2,330 |
| January | €2,280 |
| February | €2,250 |
| March | €2,380 |
| April | €2,530 |
| May | €2,670 |
| June | €2,680 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (14%) | 3 listings (14%) |
| 1 bedroom (5%) | 1 listings (5%) |
| 2 bedroom (41%) | 9 listings (41%) |
| 3 bedroom (32%) | 7 listings (32%) |
| 4+ bedroom (9%) | 2 listings (9%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 4.56% |
| 3 bedroom | 4.58% |
| 4+ bedroom | 0% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 0% |
| 50-60 m² apartments | 8.34% |
| 60-70 m² apartments | 4.73% |
| 70-80 m² apartments | 4.29% |
| 80-90 m² apartments | 0% |
| 90-100 m² apartments | 3.96% |
| 100-110 m² apartments | 4.83% |
| 110-120 m² apartments | 0% |
| 120-130 m² apartments | 0% |
| 130-140 m² apartments | 0% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €0 |
| 1 bedroom | €0 |
| 2 bedroom | €2,770 |
| 3 bedroom | €2,530 |
| 4+ bedroom | €2,660 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 1870 |
| 60-70 m² apartments | 2770 |
| 70-80 m² apartments | 2850 |
| 80-90 m² apartments | 2540 |
| 90-100 m² apartments | 2660 |
| 100-110 m² apartments | 1750 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 0 |
| 2 bedroom | 6 |
| 3 bedroom | 5 |
| 4+ bedroom | 2 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 2 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 3 |
| 80-90 m² apartments | 3 |
| 90-100 m² apartments | 2 |
| 100-110 m² apartments | 1 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 3 |
| 1 bedroom | 1 |
| 2 bedroom | 3 |
| 3 bedroom | 2 |
| 4+ bedroom | 0 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 2 |
| 30-40 m² apartments | 1 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 1 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 2 |
| 80-90 m² apartments | 0 |
| 90-100 m² apartments | 1 |
| 100-110 m² apartments | 1 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Potential annual revenue
Studio
1 bedroom
2 bedroom
3 bedroom
Median Sale Price
| Month | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|
| July | €180k | €142k | €103k |
| August | €149k | €142k | €101k |
| September | €180k | €163.3k | €101k |
| October | €180k | €194k | -- |
| November | €180k | €181.5k | €79k |
| December | €180k | €188.7k | €218k |
| January | €180k | €174.8k | €218k |
| February | €180k | €174.8k | €218k |
| March | €188.2k | €185.4k | €242.2k |
| April | €184.1k | €203.0k | €248.8k |
| May | €184.1k | €206.1k | €248.8k |
| June | €184.1k | €202.6k | €248.8k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | €1,030 | €880 | -- |
| August | -- | €1,030 | €850 | €1,200 |
| September | €550 | €1,200 | €850 | €1,200 |
| October | €730 | €780 | €750 | €1,200 |
| November | €730 | €800 | €850 | -- |
| December | €730 | -- | €710 | -- |
| January | €600 | €770 | €840 | -- |
| February | €650 | €1,350 | €800 | -- |
| March | €650 | €870 | €800 | -- |
| April | €650 | €730 | €790 | -- |
| May | €750 | €730 | €800 | -- |
| June | €650 | €700 | €770 | -- |
Years to profit (sale to rent ratio)
| Month | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|
| July | 14.63 | 13.52 | -- |
| August | 12.11 | 13.92 | 7.01 |
| September | 12.5 | 16 | 7.01 |
| October | 19.35 | 21.56 | -- |
| November | 18.75 | 17.79 | -- |
| December | -- | 22.15 | -- |
| January | 19.61 | 17.45 | -- |
| February | 11.15 | 18.21 | -- |
| March | 18.03 | 19.31 | -- |
| April | 21.16 | 21.55 | -- |
| May | 21.16 | 21.47 | -- |
| June | 21.92 | 21.86 | -- |
Square meter cost
| Month | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|
| July | €2,770 | €1,410 | €990 |
| August | €1,350 | €1,420 | €970 |
| September | €2,770 | €1,810 | €970 |
| October | €2,370 | €2,280 | -- |
| November | €2,540 | €2,190 | €770 |
| December | €2,540 | €2,320 | €2,250 |
| January | €2,590 | €2,150 | €2,250 |
| February | €2,590 | €1,810 | €2,420 |
| March | €2,650 | €1,920 | €2,690 |
| April | €2,770 | €2,260 | €2,660 |
| May | €2,770 | €2,220 | €2,660 |
| June | €2,770 | €2,530 | €2,660 |
Investment Insights by Districts
All | 4.83 % | 13 | 9 | €193,240 | €700 |
Studio | -- % | -- | 3 | -- | €650 |
1 Bedroom | -- % | -- | 1 | -- | €650 |
2 Bedrooms | 4.56 % | 6 | 3 | €184,110 | €700 |
3 Bedrooms | 4.58 % | 5 | 2 | €202,620 | €770 |
4+ Bedrooms | -- % | 2 | -- | €248,780 | -- |
Summary and Key Takeaways
With a median rental yield of 4.83% and property prices starting at €184,110, Santa Maria de Guia de Gran Canaria
may become a good investment option for some investors.
Median property prices in Santa Maria de Guia de Gran Canaria are €193,240, while the median rent is €700. This means that a median property in Santa Maria de Guia de Gran Canaria will pay for itself in 23.0 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent €650.
A median 1-bedroom apartment: --% yield, sale price --, rent €650.
A median 2-bedroom apartment: 4.56% yield, sale price €184,110, rent €700.
A median 3-bedroom apartment: 4.58% yield, sale price €202,620, rent €770.
A median 4+ bedroom apartment: --% yield, sale price €248,780, rent --.
Where exactly to buy the property?