The province of Las Palmas is Gran Canaria, the Canaries’ second-most-popular island and a true “continent in miniature”. Buying by the sea here means the island’s south, where Maspalomas beaches and dunes draw visitors year-round: 6 new-builds across 1 locations.
The same year-round climate as Tenerife but a touch cheaper: €/m² of €3,348–€5,883 with yields up to 6.9%.
Sorted by estimated rental yield.
Off-plan · 2026 Q46.9% yield
Under construction · 2026 Q26.2% yield
Under construction · 2026 Q25.8% yieldUnder construction · 2026 Q25% yield
Off-plan · 2027 Q24.8% yield
Off-plan · 2026 Q44.5% yieldThe Maspalomas dunes, a steady Northern-European flow and no winter vacancy make the island a dependable rental-income asset.
Gran Canaria suits the investor who wants Canarian year-round letting at a lower entry price than Tenerife.
Gran Canaria airport (LPA) takes international flights year-round, especially from Northern Europe. It is about 30 minutes from the airport to the southern resorts (Maspalomas, Playa del Inglés) via the GC-1 motorway, which links the capital Las Palmas to the island’s south.
The region is the Canary Islands with a favourable tax regime: a local IGIC instead of 21% VAT (usually 6.5–7%) and resale ITP around 6.5% — among the country’s lowest. Turnkey costs are lower than on the mainland — check them in the costs calculator.
Estimate purchase costs →Official Spanish Ministry of Interior statistics — registered offenses per 1,000 inhabitants.
Spain is among the safest countries in Europe. Tourist provinces look higher on paper: offenses involving millions of visitors are divided only by the registered population. Most incidents are petty theft in high season; violent crime is rare.
Source: Ministerio del Interior, Balance de Criminalidad 2024.
The climate and letting logic are similar — all year, no dead season — but the entry price on Gran Canaria is usually lower. There are 6 new-builds here from €382,000 to €1,168,000.
Yield in Las Palmas province reaches 6.9%. The island’s south (Maspalomas, Playa del Inglés) hosts tourists winter and summer, keeping occupancy high.
The main rental demand is in the island’s south, by the Maspalomas beaches and dunes. That is where the holiday-let new-builds in our selection are concentrated.
Gran Canaria airport, on the island’s east coast, takes direct flights from most major European cities — with particularly strong coverage from Germany, Scandinavia and the UK — and also handles inter-island hops. The southern resorts of Maspalomas and Playa del Inglés are linked to the airport by motorway.
Formally, winter: that is when Northern Europeans fly in for the sun and the island’s south runs at its fullest. The rest of the year holds up too — summer is supported by Spanish and family tourism — so letting works across all twelve months without pronounced dips.