Real estate for Sale in Canary Islands, Spain

Unlock the Beauty of Canary Islands: Find Your Perfect Property Now!

Experience the appeal of Canary Islands, Spain, via our supreme collection of properties available for purchase. Engulf yourself in the splendor and allure of this captivating region as you peruse our varied assortment of real estate ready for you to acquire. Spain is undeniably one of the top destinations in Southern Europe for owning a vacation home. Breathtaking landscapes, delectable cuisine, vibrant culture, and, of course, friendly and dynamic locals! For those desiring to break away from metropolitan Spanish life and experience the authentic spirit of this captivating country, a multitude of properties are for sale in the Canary Islands. The Canary Islands, located off the coast of Spain, are renowned for abundant sunshine throughout the year, spectacular panoramic views, magnificent beaches, and bustling towns like Tenerife, Gran Canaria, and La Palma. So what real estate for sale can you find in the Canary Islands, what is the likely cost, and why are these Spanish islands so appealing to both locals and foreigners? Read on to discover!

Canary Islands property market: Overview and trends

The Canary Islands real estate market is currently flourishing, especially in the upscale segment, drawing in international property hunters. A wide array of Canary Islands real estate exists to suit every budget and preference. Prospective buyers can find it all: a modern apartment in a busy city, an enchanting coastal villa, an upscale residence with a private pool or garden, and an array of rural properties. The Canary Islands real estate market is currently robust and has exhibited consistent growth over recent years. Moreover, the local property market bounced back from the recent economic downturn caused by the global pandemic, thanks to several factors. The tourism industry has always been a major driver of the Canary Islands, enticing tourists and international property-buyers with its rich cultural heritage, breathtaking beaches, pleasant climate, and beautiful natural landscapes. Furthermore, the development of infrastructure in the Canary Islands has further stimulated the market by enhancing the region’s appeal to local and international investors. The Canary Islands provide a coveted lifestyle with dynamic cities, picturesque coastal villages, and panoramic countryside. The region's exceptional cuisine, renowned golf courses, and vast recreational activities make it an attractive choice for property seekers.

The average price of a property in Canary Islands

Similarly, the price of Canary Islands real estate for sale is largely determined by factors such as location, variety of property, amenities, unique features, and more. Oceanfront areas, like Tenerife or Gran Canaria, usually have higher average property prices than the more rural and isolated islands. Furthermore, houses and apartments in popular locations like Las Palmas or Santa Cruz de Tenerife may come with a higher price tag, particularly if located in an area of cultural or historical significance. When considering expenditure, high-quality resale villas and houses in the Canary Islands are priced between €3,500 and €4,500 per square meter. New-build properties tend to be more costly, with prices starting around €5,000 per sqm. However, if you’re searching within a tighter budget, the Canary Islands present opportunities with renovation properties and country homes starting from €90,000.

Popular property for sale in Canary Islands, Spain

Explore stunning coastal properties available for sale in the Canary Islands, which enchant with breathtaking views of the Atlantic Ocean. The islands’ favorable climate ensures sunshine all year, turning every day into a holiday. Experience the glamour of an easy-going island lifestyle marked by pristine white beaches and vibrant villas boasting open-concept designs, private balconies, lush gardens or even direct pathways to the crystal clear sea. The Canary Islands properties for sale are ideal for a lavish beachfront holiday villa or a superior investment prospect.

Where is the best place to buy property in Canary Islands?

The ideal location for purchasing property in Canary Islands, Spain is a matter of personal preference. The most preferred areas, recognized for their breath-taking views, iconic landscapes and rich local culture include Tenerife, Gran Canaria, Lanzarote, La Palma and Fuerteventura. Tenerife, with its vibrant nightlife, stunning beaches and the active volcano Mount Teide, is a favorite among buyers. Gran Canaria offers a blend of different cultures and beautiful mountainous landscapes, while Lanzarote is admired for its unique volcanic terrain and pristine beaches. La Palma, known as "The Beautiful Island", offers magnificent tropical forests and star-gazing opportunities; and Fuerteventura, known for its golden beaches and water sports, is also a top choice among investors looking to buy property in the Canary Islands.