Las Palmas de Gran Canaria vs Madrid
Las Palmas de Gran Canaria vs Madrid — Real Estate Comparison — Spain
Las Palmas de Gran Canaria
€222,167Medianpris
VS
Madrid
€529,784Medianpris
Investment & market comparison
| Metric | Las Palmas de Gran Canaria | Madrid | Winner |
|---|---|---|---|
| Median sale price | €222,167 | €529,784 | Las Palmas de Gran Canaria |
| Median rent (€/mo) | €1,005 | €1,805 | Las Palmas de Gran Canaria |
| Gross rental yield | 5.4% | 4.1% | Las Palmas de Gran Canaria |
| Household income / yr | €39,148 | €49,916 | Madrid |
| Population | 381,868 | 3,506,730 | Madrid |
| Population growth (5y) | 0.2% | 5.2% | Madrid |
| Price index YoY | 11.0% | 14.2% | Madrid |
| Foreign buyer % (MIVAU) | 23.4% | — | — |
| Avg sold price (MIVAU) | €207,657 | — | — |
| Asking vs sold premium | 7.0% | — | — |
Data combines Spanish real-estate portals (asking), INE Atlas income, INE Padrón demographics, MIVAU official transactions, INE IPV price index.
Las Palmas de Gran Canaria
There are currently 429 active listings on the market.
Madrid
There are currently 8,939 active listings on the market.
Listing Price Comparison
| Las Palmas de Gran Canaria | Madrid | |
|---|---|---|
| Median utgångspris | €222,167 | €529,784 |