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

EKN

May 8 2025 (07:10 WEST)
Updated in May 8 2025 (14:22 WEST)
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mg 7766 copiadd

The price of used housing in the Canary Islands has risen by 16.8% in April in relation to the same month last year to 2,987 euros per square meter, according to the latest report from idealista.com on the matter.

Thus, an 80 square meter apartment whose price a year ago amounted to 204,320 euros, costs 238,960 euros today. 

In the whole of Spain, the increase was 12% to 2,350 euros. 

All autonomous communities show higher prices compared to the previous year with the exception of Extremadura, where sellers' expectations fell by 1.2%.

The Community of Madrid (23.2%) leads the increases, followed by the Canary Islands (16.8%), the Valencian Community (16.3%), the Region of Murcia (15.3%), the Balearic Islands and Andalusia (13.7% in both cases). 

Below the national average are the increases in Cantabria (11.7%), Asturias (9.4%), the Basque Country (7%), Catalonia (6.5%), Aragon (3.2%), Navarre (3.2%) and Galicia (3%).

The smallest increases occur in La Rioja (1.3%), Castilla y León (2.2%) and Castilla-La Mancha (2.9%).

The Balearic Islands, with 4,836 euros per square meter, is the most expensive autonomous community, followed by the Community of Madrid (4,148 euros). They are followed by the Basque Country (3,123), the Canary Islands (2,983) and Catalonia (2,534 euros).

On the opposite side of the table we find Castilla-La Mancha (960 euros), Extremadura (973 euros) and Castilla y León (1,213).

 

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