In fact, the regulations set forth by the ´Comunidad´ (Owners Association) may require it, especially if you happen to be purchasing a home abroad that is a complex or building with multiple owners. The comunidad will have insurance on the common (shared) areas of your residence, which equates to a small portion of your monthly comunidad payment.

Unfortunately, Gran Canaria is not subjected to any commonly occurring natural disasters, so premium is relatively inexpensive. Still, you will want to protect your belongings from accident or theft.

Gran Canaria Holiday Rental works closely with reputable Spanish insurance companies. We will advise you as to your options.