Market activity in Las Palmas
Sales recorded by the registrars each quarter, the share bought by foreign buyers, new mortgages and the monthly sales count.
House sales
3,506 homes changed hands in Las Palmas in Q2 2026, -2.0% on a year earlier.
Quarterly house sales
- Q2 2026
- 3,506
- On a year earlier
- -2.0%
- On the previous quarter
- +1.8%
- Peak
- 5,877 in Q2 2007
Source: Ministry of Development
Foreign buyers
Foreign buyers took 24.8% of sales in Las Palmas in Q2 2026: 380 who live in Spain and 468 who live abroad.
Foreign buyers, share of sales
- Q2 2026
- 24.8%
- On a year earlier
- −3.9 pts
- Foreign buyers
- 870
Source: Ministry of Development
Who bought, Q2 2026
| Buyer | Share of sales | Homes |
|---|---|---|
| Spaniards living in Spain | 74.8% | 2,622 |
| Foreigners living in Spain | 10.8% | 380 |
| Foreigners living abroad | 13.3% | 468 |
| Other or unknown | 1.0% | 36 |
Source: Ministry of Development
Mortgages
933 home mortgages were approved in Las Palmas in Jul 2026, worth €138.2M, -25.4% on a year earlier.
Monthly mortgage approvals
- Jul 2026
- 933
- On a year earlier
- -25.4%
- On the previous month
- -8.3%
- Lent in the month
- €138.2M
- Average loan
- €148,148
Source: National Institute of Statistics
Monthly sales
The monthly count is less detailed but published sooner: 1,258 homes sold in Las Palmas in Jul 2026, +9.6% on a year earlier.
Monthly house sales
- Jul 2026
- 1,258
- On a year earlier
- +9.6%
- On the previous month
- +31.2%
Source: National Institute of Statistics
How homes changed hands, 12 months to Jul 2026
| Type of transfer | Share of transfers | Homes |
|---|---|---|
| Sales | 62.1% | 13,337 |
| Inheritances | 16.2% | 3,480 |
| Gifts | 2.2% | 472 |
| Swaps and other | 19.5% | 4,186 |
Source: National Institute of Statistics