In this brick-and-mortar asylum, where common sense has flown out the window, southern Gran Canaria is no longer a market, it's a religion. And it has its own version of the tulip bubble. In the 17th century, the Dutch paid a fortune for a single bulb, believing the price would skyrocket. They went mad.
Cárdenes Real Estate points out in its Real estate sector economic report dated August 20, 2025 suggests that the imbalance between supply and demand has directly translated into prices, as the value per square meter has risen steadily in the first half of 2025, exceeding forecasts for a contained increase. Here, the frenzy isn't for a flower, it's for a 40-square-meter apartment. Demand, we're told, is "insatiable." Supply is "short." And with that recipe, the price per square meter has shot up by almost 10% in just six months in San Bartolomé de Tirajana. They call it a "contained increase," as if putting hot compresses on a 40-degree fever.
The overwhelming figures paint a picture of recovery centered on two of the most sought-after municipalities: Mogán and San Bartolomé de Tirajana. In the former, sales have climbed to 240 transactions in the first quarter, a spectacular increase of 33,3% compared to the same period last year. In San Bartolomé de Tirajana, the growth is even more pronounced, with 355 transactions, representing a 38,1% increase compared to 2024.
The real estate market in southern Gran Canaria has entered 2025 with its foot on the accelerator. After the slowdown of the previous year, an industry report prepared by Cárdenas Inmobiliaria has revealed a reality that exceeds the most optimistic forecasts. In the first quarter, 595 sales transactions were closed, representing a double-digit increase that confirms the sector's strong momentum on the islands.
The study confirms that the market is moving at breakneck speed. High demand collides with very limited supply, causing property viewings to multiply and closing transactions in an average sales time of just 2 to 6 months. In areas like El Tablero de Maspalomas, this time is reduced to a dizzying range of 0 to 2 months.
In Mogán, the average price per square meter reached €4.147/m², compared to €3.913/m² the previous year, representing an increase of 5,98%. Areas such as Arguineguín, with €4.368/m², already exceed the €4.051/m² of Puerto Rico. In San Bartolomé de Tirajana, the municipal average reached €4.677/m², a significant increase of 9,10% in just six months. The price difference is significant between areas, with areas such as San Fernando and El Tablero at €2.788/m², while in Meloneras and Playa del Inglés the price soars above €5.090/m².
The Cárdenas report also details the most coveted housing types. One-bedroom apartments measuring 40 to 70 m² remain the most sought-after, although the specifics vary by area. In Puerto Rico, an apartment of this type has an average price of €189.464, while in Arguineguín, the average price for two-bedroom apartments larger than 180 m² rises to €483.039. In a market scenario where the ceiling seems to be unshakeable, detailed information becomes a crucial tool for both buyers and sellers, helping them make strategic decisions in a rapidly evolving sector.
