Telde – Real Estate Investment Overview

About Telde

Telde, on Gran Canaria island, combines an established urban core with easy links across the east of the island, making it a practical reference point for apartment investors watching the local coastal economy. Its city setting gives it a different profile from resort-led markets while still sitting within one of Spain’s best-known island environments.

June 2026 brings the clearest signal in the apartment market: prices are correcting month to month even as the longer trend remains upward. The average sale price now stands at €172,500, down 5.7% from the previous month, while the average price per square metre has eased to €2,104, down 9.2% month on month. Against that softer short-term reading, the annual picture is still positive, with sale values up 22.6% year on year.

Rental performance looks steadier. The average rent is €900, unchanged month on month and up 2.9% compared with June 2025. That leaves the estimated yield at 6.45%, a level that reflects the current balance between a lower purchase price and stable rents. For investors following Telde, the tension is clear: valuations have cooled in the latest month, but the annual gains and the rental backdrop still support a measured income case.