With a sample of almost 3,000 properties in the Canary Islands, a real estate portal has carried out a study which shows that the most expensive property in the Archipelago is a villa in the municipality of Adeje, in Tenerife, which costs 2.6 million euros.

The cheapest house in the Canary Islands costs 51,000 euros and is in Fuerteventura

The research department of a real estate portal has analyzed a sample of 2,804 properties throughout the Canary Islands and has concluded that with 51,075 euros you can buy a house in Fuerteventura. It is the cheapest house...

January 17 2008 (10:13 WET)
The cheapest house in the Canary Islands costs 51,000 euros and is in Fuerteventura
The cheapest house in the Canary Islands costs 51,000 euros and is in Fuerteventura

The research department of a real estate portal has analyzed a sample of 2,804 properties throughout the Canary Islands and has concluded that with 51,075 euros you can buy a house in Fuerteventura. It is the cheapest house in the entire Archipelago and it is a 50 square meter apartment located in the town of Antigua, in the center of the island of Fuerteventura, and has a bedroom, kitchen, living-dining room, terrace, parking and a communal area with a swimming pool.

In contrast, among the most expensive homes in the Canary Islands, according to the real estate portal, is a brand new 500 square meter villa with sea views in the municipality of Adeje, which costs 2.6 million euros. The main house has three bedrooms, four bathrooms, an elevator, an outdoor and indoor pool, both heated, and two guest houses with separate entrance, kitchen and bathroom.

For rent

The cheapest rentals in the Canary Islands are around 240 euros per month, according to the data from the real estate portal study, while the most expensive ones skyrocket to 1,800 euros. The cheapest rental property measures 40 square meters and costs 240 euros. It is located in Vecindario, southeast of Gran Canaria, and has a double bedroom, a bathroom, kitchen, laundry room and air conditioning. Another of the cheapest rentals in the archipelago is in Costa Calma, Fuerteventura. A 70 square meter apartment with two bedrooms, a bathroom, kitchen, terrace and less than five years old.

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