The Canarian property market

TheCanarian property marketischaracterized by strong price growth, high demand from international buyers, and new government measures to address affordability issues for residents. The market is also experiencing a supply shortage, particularly in tourist areas.Key trends in the Canarian property marketRising pricesAverage prices have increased significantly. In August 2025, the average asking price for residential properties in the Canary Islands was €3,370 per square meter, a 14.55% increase compared to September 2024.Rapid appreciation in tourist hotspots. Certain areas, like southern Tenerife, have seen even more dramatic price hikes. For example, property...