Las Palmas de Gran Canaria is a coastal city on the Atlantic Ocean, situated in the Canary Islands region of Spain. It serves as the capital of the Las Palmas province, occupying a low-lying terrain on the northeastern coast of the island of Gran Canaria. The local economy and institutional life are supported by the University of Las Palmas de Gran Canaria and the Universidad Politécnica de Canarias, with the city served by the nearby Gran Canaria Airport.
While property prices here are lower than the average for Spain, costs vary significantly between the city's districts. Most of the housing stock is concentrated in the coastal areas of Santa Catalina-Canteras and Guanarteme, which are priced close to the city average. The historic district of Triana sits right at the city average, while the exclusive Ciudad Jardín is by far the most expensive neighbourhood, with prices doubling those of the centre. In contrast, inland districts like Schamann are much cheaper, costing less than half the city average.
