Neighbourhoods · Las Palmas
Rental yield by neighbourhood in Las Palmas
Las Palmas has a median gross yield of 5.9% and a median Total Return (IRR) of 9.1% for a typical flat. Here are its 20 neighbourhoods, ranked by yield, each with sale price, rent and IRR and its own page.
Updated September 2026 · official data
The median sale price is €2,538/m² and the achievable market rent is €12.1/m² per month. Prices run from €1,378/m² in Miller to €4,069/m² in Santa Catalina - Canteras, a factor of 3.0.
The highest gross yields are in Miller (9.7%), Schamann - Rehoyas (9.3%) and San Cristóbal - Playa de la Laja (9.1%); the most expensive neighbourhoods are Santa Catalina - Canteras (€4,069/m²), Guanarteme (€3,681/m²) and Alcaravaneras (€3,281/m²). The typical-flat IRR ranges from 4.6% in Los Tarahales - La Paterna to 14.0% in Miller.
Every neighbourhood page shows its rank in the city, the rent range, historical appreciation and a typical flat computed with CasaROI's standard assumptions (70% mortgage, sale after 10 years). Asking prices in Las Palmas have grown by 3.8% a year on average over the last 10 and 15 years (idealista).
All 20 neighbourhoods, by gross yield
| Area | Sale €/m² | Rent €/m² | Gross | IRR |
|---|---|---|---|---|
| Miller | 1,378 | 11.1 | 9.7% | 14.0% |
| Schamann - Rehoyas | 1,527 | 11.8 | 9.3% | 13.6% |
| San Cristóbal - Playa de la Laja | 1,440 | 10.9 | 9.1% | 12.6% |
| Tamaraceite | 1,569 | 10.3 | 7.9% | 9.7% |
| Almatriche | 1,752 | 10.8 | 7.4% | 8.8% |
| Altavista - Don Zoilo | 2,304 | 13.5 | 7.0% | 10.7% |
| La Minilla | 2,196 | 12.5 | 6.8% | 10.4% |
| Negrín | 2,196 | 11.7 | 6.4% | 9.7% |
| La Feria | 2,088 | 10.9 | 6.3% | 9.5% |
| Escaleritas | 2,246 | 11.2 | 6.0% | 9.1% |
| Ciudad Jardín | 2,960 | 14.0 | 5.7% | 9.7% |
| Arenales - Lugo - Avda. Marítima | 2,771 | 12.9 | 5.6% | 8.0% |
| Isleta | 3,037 | 13.3 | 5.3% | 9.0% |
| Santa Catalina - Canteras | 4,069 | 17.4 | 5.1% | 9.0% |
| Triana | 2,891 | 12.4 | 5.1% | 5.9% |
| Guanarteme | 3,681 | 15.2 | 5.0% | 8.7% |
| Siete Palmas | 2,985 | 12.3 | 4.9% | 7.7% |
| Vegueta | 2,935 | 11.9 | 4.9% | 5.4% |
| Alcaravaneras | 3,281 | 12.8 | 4.7% | 8.1% |
| Los Tarahales - La Paterna | 2,777 | 10.8 | 4.7% | 4.6% |