Housing becomes 12.4% more expensive in the Canary Islands in the first quarter
The increase is slightly above the national average. The Bank of Spain estimates that 600,000 homes are needed in the country as a whole.
Isabel Rodríguez: "It is very difficult to reject the State Housing Agreement"
The minister of the branch affirms that the Executive "is not going to stop" until all Spaniards who need it have affordable public housing
How many empty homes are there in the Canary Islands? Is there enough developable land?
To answer both questions, the Government of the Canary Islands has commissioned the Canary Islands Housing Observatory, which is launching its website this Friday, to produce two monographic reports.
Balearic and Canary Islands need 19,700 more homes than created in 2024 to meet demand
The Spanish Association of Real Estate Consulting (ACI) states that Spain faces "a structural imbalance that compromises the balance of the residential market"
EFEThe price of apartments for sale in the center of Arrecife has been falling for four months
Prices rose compared to twelve months ago, but the trend is downward so far in 2025
David Merino Fernández
The relentless rise: an apartment in the Canary Islands costs 37,000 euros more than a year ago
Experts highlight unprecedented demand, favorable mortgage conditions, and increased migration flows as key factors.
Limit the purchase of housing to non-residents through the city councils
The Government of the Canary Islands will propose to the State to modify the Local Regime Law so that the municipalities have tools to establish restrictive requirements
The Housing Law does not achieve its purpose: rents rise by 24% in two years
In addition, the supply has decreased by 17% in Spain since the strained areas began to be declared to limit price increases
One in ten homes in Lanzarote is now destined for the vacation market
The pressure of vacation homes on the total number registered in Lanzarote continues to grow, with more than 10,150 tourist licenses.
Andrea Domínguez Torres
The Government announces more taxes on empty homes and tourist homes
Also a new tax on the purchase of housing by non-resident foreigners in a bill of the PSOE in Congress
A Canary Islander needs 14 years to buy a home if they save 20% of their salary per month
In the Balearic Islands, 25 years are needed, while in Extremadura and Castilla-La Mancha, five are enough
Sònia Vives (geographer): "Housing places you on the social ladder, which work used to achieve"
The Doctor of Geography from the Universitat de les Illes Balears highlights that in Ibiza the "polarization" between poor workers and housing holders is greater due to luxury tourism
Andrea Domínguez Torres
Home purchases skyrocket nationwide, but not so much in the Canary Islands
In the heat of interest rate cuts and the consequent cheapening of financing, four autonomous communities have registered increases of more than 60% in March
Housing in Lanzarote rose between 42% and 143%, depending on the municipality, in the last decade
Arrecife, where apartments cost twice as much as in 2015, is no longer the cheapest municipality on the island to buy a home
David Merino Fernández
Only Madrid, Barcelona and the Balearic Islands have higher rents than Lanzarote
The province of Las Palmas is already the fourth most expensive in the country. The rental price exceeds 14 euros per square meter according to a pisos.com study.
Used housing in the Canary Islands rose by 53% in three years, while salaries fell
The data has been revealed in a study by the Fotocasa real estate portal in collaboration with the Infojobs employment agency
An 80-meter apartment in the Canary Islands costs 34,000 euros more than a year ago
Used housing rises 16.8% in twelve months in the archipelago and reaches 3,000 euros per square meter
Euribor reaches its lowest level in the last three years
The financial market continues to send positive signals for mortgages, whose installments could continue to fall according to the Euribor trend
Rent increases less in Lanzarote, Gran Canaria, and Fuerteventura than the Spanish average
However, the province of Las Palmas remains the fifth most expensive in the country for renting a home
Hundreds of people compete in Lanzarote for scarce available rentals
Most listings in Lanzarote refer to homes that are rented only a few months of the year. Long-term rentals receive thousands of visits in a few hours.
David Merino Fernández
Mortgage signing plummeted in the Canary Islands in February
The resounding fall in the archipelago was the largest in the country, while Spain as a whole accumulates eight months of growth
What is the industrialized housing construction promoted by the Government of the Canary Islands?
The Housing Department will allocate 1.5 million euros this year to promote this type of construction that "reduces times and optimizes costs"
European islands are open to studying the limitation of housing purchases by non-residents
The president assures that to ensure a prosperous future for the Canary Islands, it is essential to unite economic development with sustainability and tourism "to our way of being and our landscape"
EFECanary Islands, the only region where home sales to foreigners are falling in Spain
Among the residents of the archipelago, the foreigners who buy the most are Italians, while, among non-residents, Germans stand out
David Merino Fernández
Housing in Lanzarote breaks the barrier of 3,000 euros per square meter
Scarcity has skyrocketed the average price of houses in Lanzarote this 2025, prices are much higher than those recorded before the pandemic
David Merino Fernández
A family with three children, on the verge of eviction in Arrecife: "I have thought about taking my own life"
Almost 20% of rental properties last less than 24 hours advertised in Lanzarote, Fuerteventura and Gran Canaria, while the price of housing for sale registers historical increases
Andrea Domínguez Torres
The average tenant in the Canary Islands spends 55% of their salary on rent
More than half of the salary is also needed in the regions of Madrid, Catalonia, the Balearic Islands, and the Basque Country
Three out of four Canary Islanders fear they will not be able to access housing in the future
Speculation, the scarcity of properties and the lack of public policies are the main reasons cited by citizens
Almost 20% of rental properties last less than 24 hours advertised in Lanzarote, Fuerteventura and Gran Canaria
Girona is the city in Spain where rental ads last the least, while Cáceres occupies the opposite position
Lanzarote already exceeds 10,000 vacation homes, with no moratorium in sight
Since June 2023, the market for homes intended for tourist use has grown by 92%
Andrea Domínguez Torres
Canary Islands puts in the hands of entrepreneurs the technical reports necessary to build homes
The regional executive urgently approves a decree law that seeks to speed up building permits, focusing on "public-private collaboration"
lavozdelanzaroteA home in the Canary Islands costs more than twice as much as it did ten years ago
Only in the Balearic Islands has there been a greater increase. After the Canary Islands, the third territory where prices have risen the most is the Community of Madrid
Canary Islands shares its plan to limit home purchases by non-residents with the rest of the European islands
Clavijo will meet next week in La Palma with representatives of the 18 island territories of the European Union
Rentals rise more than 7% in the Canary Islands so far this year
The average rental prices in the archipelago more than double those of Extremadura, the only Spanish territory with lower salaries than the Canary Islands
Home sales to foreigners fall in the Canary Islands while increasing in the rest of Spain
In the second half of 2024, purchases by foreigners increased mainly in the Cantabrian coast
Yaiza gives the green light to 76 new subsidized homes of private development in Playa Blanca
Mayor Óscar Noda asks the Government of the Canary Islands to buy these homes to expand the public stock in the municipality
lavozdelanzaroteBuying a home in the Canary Islands now requires the full salary of more than nine years
Only in the Balearic Islands are more years of salary needed, while in two autonomous communities the amount that must be allocated to the purchase of a home has decreased
Canary Islands launches a political and legal offensive to limit home purchases by foreigners
According to data from the regional government, 23% of home sales in the Canary Islands are made by buyers with a nationality other than Spanish
Housing urges all administrations to implement measures to combat vacation fraud
The head of Housing and Urban Agenda has demanded the joint commitment of all public administrations to curb speculation
lavozdelanzarote
How much does a home in the Canary Islands increase in value if it has a garage?
The garage adds more value when the apartments are cheaper. Thus, Extremadura is where it has the most impact to sell an apartment in conjunction with a parking space and Madrid where it has the least.
Lanzarote joins the demonstrations for the right to decent housing
This is the first state demonstration in defense of housing that has been held in 40 cities in the country
lavozdelanzarotePublic consultation on the plan that will allow young people from the Canary Islands to get a mortgage without savings
The program seeks to cover up to 95% of mortgage financing for young people up to 40 years of age who wish to acquire their first home
Teguise and Tías are the municipalities of Las Palmas where used housing increased the most in the last year
Only in two municipalities of the Canary Islands did used housing prices fall in the last twelve months
Lanzarote joins housing marches as it faces its biggest housing crisis
"We cannot criminalize landlords, because there are landlords who are good landlords, but it is true that the bad ones are very bad," says the spokesperson for the mobilizations in the Canary Islands
Goodbye to 'Golden Visas': Residence permit in Spain for buying a half-million house
The Spanish Executive, which adopts this measure after a request from the European Commission in 2022, defends its repeal for harming the right to housing
lavozdelanzarote
New tourist apartments will need the support of most of their neighbors starting Thursday
Without the support of three-fifths of the homeowners' association, new vacation homes cannot be registered
EFERental housing in the Canary Islands is 7.9% more expensive than a year ago
Monthly rents are set at 14.3 euros per square meter, being more expensive in the province of Santa Cruz de Tenerife than in Las Palmas
lavozdelanzarote
Used housing in the Canary Islands rises almost 5% in the first quarter
The increases have been greater in the Balearic Islands, Madrid, Murcia, Andalusia and the Valencian Community, but prices have also fallen in three autonomous communities
A family from Lanzarote needs to save for 28 years to be able to pay the down payment on a house
In the eastern islands, an average of 62,253 euros must be paid to cover the down payment on a home, plus expenses and taxes of the operation
lavozdelanzarote
The Ombudsman warns of the relationship between tourism and the increase in housing prices
Figures show that 31% of Spanish households spend more than 40% of their income on rent, "ten points above the European average"
Andrea Domínguez TorresHighlights
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