Nomad: housing & costs · Gran Canaria · 01.10, 07:00
Companies own over 25% of housing in Gran Canaria
La Provincia report indicates that corporations own over 25% of all residential properties in Gran Canaria.
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Data from the La Provincia report shows that companies renting out apartments account for over one quarter of all properties on the island. This region holds the highest number of apartments in corporate hands.
This means: Tenants may have fewer opportunities to negotiate rent. Tenants may face faster changes in apartment ownership.
Sources