FAQ: Buying Property in Gran Canaria

The south coast enjoys year-round demand, 4+ million tourists annually and limited new construction, which supports both prices and rental income. Gross holiday-rental yields of 5–8% are realistic in well-located complexes.

Yes. EU and non-EU citizens can buy freely. You only need a NIE (foreigner identification number), which we help you obtain.

It depends on your goals: Arguineguín and Patalavaca for year-round living and a local feel, Puerto Rico and Amadores for rental yield and sea views, Maspalomas and Meloneras for beachside luxury, El Salobre for golf villas. We help you match the area to your budget and lifestyle.

Yes. Spanish banks offer mortgages to non-residents, typically financing up to 60-70% of the property value. You will need a minimum 30-40% down payment plus 8-12% for taxes and fees. We work with trusted local mortgage brokers specialising in non-resident financing.

— Budget around 8–12% on top of the purchase price: transfer tax (6.5% ITP for resale properties), plus notary, registry and legal fees.

 — Typically 6 to 12 weeks from accepted offer to notary signing, depending on financing and paperwork.

— Yes. Through our sister company Sydenbooking we manage holiday rentals for owners on the south coast of Gran Canaria.

— Yes — our team works in Norwegian, Swedish, English, Spanish and French.