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Brick prices in southern Gran Canaria soar by 8% in one year, the highest on the island

Brick prices in southern Gran Canaria soar by 8% in one year, the highest on the island

Gara Hernández - M24h Thursday, November 06 from 2025

The real estate market in San Bartolomé de Tirajana continues its upward trend, according to Fotocasa. In October 2025, the average sale price reached €3.754 per square meter, solidifying the municipality's position as the most expensive in southern Gran Canaria and one of the most competitive in the Canary Islands. The average property value reached €240.674, driven by strong demand for second homes, foreign investors, and tourism operators seeking apartments for holiday rentals.

The price gap between property types is significant. One- and two-bedroom apartments are the most expensive in the municipality, at €4.464/m² and €5.012/m² respectively, while three-bedroom apartments drop to €2.528/m², and those with four or more bedrooms average around €2.571/m². This difference reflects the market's preference for compact properties in areas like Playa del Inglés, Maspalomas, and Meloneras, where land scarcity and pressure from holiday rentals drive prices above the island average.

Among the features most valued by buyers are the terrace (€4.745/m²) and the elevator (€4.504/m²), followed by furnished properties (€3.948/m²) or those with a parking space (€3.625/m²). There are currently 513 properties for sale, with an average area of ​​50 m², one bedroom, and located on mid-level floors.

In the rental market, prices are also reaching record highs. The average cost is €22/m², with a monthly rent of €1.383 per property. Differences based on size and number of bedrooms are more modest, although two-bedroom apartments reach €1.512 per month, compared to €1.358 for studios or one-bedroom flats. Properties with a terrace or parking space slightly exceed €1.400 per month.

The municipality has 198 active rental properties, a figure that highlights the limited supply compared to demand, especially in tourist areas where many owners opt for vacation rentals. The lack of structural stock and the conversion of residential properties to tourist use are key factors in the price surge. With a market that combines tourist pressure, a housing shortage, and high rental yields, San Bartolomé de Tirajana is consolidating its position as a barometer of the real estate model in southern Gran Canaria: a destination where access to permanent housing is increasingly difficult and tourist appeal continues to drive the construction market.

 

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