The real estate market in Maspalomas-Meloneras maintains a strong upward trend and consolidates its position as one of the most sought-after areas in southern Gran Canaria. According to data from March 2026, the average purchase price is €4.290 per square meter, using the overall price for San Bartolomé de Tirajana as a benchmark due to a lack of sufficient specific data for this tourist enclave.
The average value of a home reaches 273.490 euros, in a context marked by a shortage of supply and sustained demand, with only 71 active properties on the market for sale.
The analysis by property type reveals significant differences. One-bedroom apartments reach €4.831 per square meter, while two-bedroom apartments stand at €4.416. Conversely, three-bedroom properties drop to €2.903 per square meter, indicating a market more geared towards vacation rentals or investment properties.
In terms of size, homes under 100 square meters have an average price of €259.355, compared to €336.311 for those exceeding that size. In the short term, the trend has been mixed: in the last month, properties larger than 100 square meters have risen by 16%, while smaller ones have seen a 15,7% drop.
The property's characteristics also influence the price. Homes with terraces reach €5.081 per square meter, followed by those with an elevator (€4.536), furnished (€4.541), or with a parking space (€4.379). This pattern confirms the importance of international buyers and tourist use in shaping the market.
In terms of growth, the most notable figure is the 86,5% increase over the last five years, one of the largest increases recorded in the Canary Islands. In the last year alone, growth has reached 18%, consolidating a sustained upward trend.
In comparison with nearby areas, Playa del Inglés reaches 5.364 euros per square meter, while areas such as El Tablero are at lower levels, around 3.064 euros.
The market is experiencing high turnover, with short sales periods and increasing competition among buyers. Limited supply and the destination's international appeal continue to put upward pressure on prices.
Meanwhile, the rental market shows a more irregular evolution, with recent declines in some segments, although with high levels in holiday products, where chalets can reach 3.000 euros per month.
Despite the increased costs, mortgage conditions remain somewhat attractive. For a typical 80-square-meter home, the average monthly mortgage payment for a 30-year term is around 908 euros, which continues to favor buying over renting for certain profiles.
The behavior of the market in Maspalomas-Meloneras continues to be closely linked to tourism and foreign investment, in a context of land scarcity and increasing difficulty of access to housing for residents.
