Property in Spain in Canary Islands

Buying property in the Canary Islands

The southern islands of Spain attract lovers of a pleasant warm climate and eternal summer. Nestled among palm trees and sandy beaches, real estate in the Canary Islands is the dream of many Russians who have been here before. This archipelago, made up of volcanic mountain ranges, located on the Atlantic Ocean, seduces with picturesque scenery, warm, azure water and an interesting, foreign-friendly culture of Spain. Find out how to fulfill your wish and profitably buy property in the Canary Islands.

Three reasons to buy property in the Canary Islands

The Canary Islands belonged to exclusive holiday destinations a few years ago, but the economic crisis that overtook the country, and cheap airlines admitted to the market, made this Spanish archipelago in the Atlantic Ocean accessible to everyone. The islands have an eternal spring, which makes it ideal for living at any time of the year. It is worth buying your own property in the Canary Islands for the following reasons:

• 1. The best climate in the world. The Canary Islands have an oceanic subtropical climate characterized by comfortable temperatures and occasional irregular rainfall occurring mainly on the mountainous parts of the islands. The weather in the archipelago is not capricious. The average temperature in winter is 18 degrees, while in summer it is 24-25C above zero. The hottest months are July and August, but even then, thanks to the microclimate and relative humidity, it is not hot, the temperature is very pleasant, especially for Europeans. Sometimes the heat in summer exceeds 30 degrees Celsius, but this hardly ever happens.

• 2. Landscapes for every taste. The Canary Islands are not only heavenly beaches, but also hundreds of thousand-year-old forests, low starry skies and volcanoes that create fantastic landscapes. While staying at your home in the Canary Islands, you can take a trip to the highest peak in Spain or visit the beautiful national parks. It is very easy to do this because most of the tourist attractions are easily accessible and have many amenities. 

• 3. Everything you need for a comfortable life. Buying property in the Canary Islands, you can be sure of high living standards. The region in the recent past was a duty-free zone. This contributed to the development of trade, services, infrastructure. A nice bonus for Russians buying housing in the Canary Islands is free access to the best Spanish products at affordable prices. Seafood, cheeses, fruits and vegetables are presented in abundance here all year round - a real gift for gourmets. 

Real estate in the Canary Islands - prices and cost features

The Canary Islands can be divided into two groups:

• Happy (Tenerife, Gran Canaria, La Palma, El Hierro and Gomera)

• Purple - Lanzarote and Fuerteventura - located closest to the African continent.

The price of real estate in the Canaries largely depends on which part of this archipelago the housing is located. Apartments, cottages, villas and apartments located in Tenerife, Fuerteventura and Gran Canaria are the most valued. These are the most popular regions among tourists, so buying your own home can be a good investment. On average, the cost of 1 m2 of living space in an ordinary building starts from 1.2 thousand euros. The price of luxury real estate in the Canary Islands starts from 3.5 thousand euros.

Buying and selling real estate in the Canary Islands with Estate Barcelona

Buying and selling property in the Canary Islands requires the help of professional agents. Estate Barcelona specialists will help you find the right option for your needs in Spain. More than 10 years of experience in this field, long-term cooperation with leading Spanish agencies allows us to find profitable offers and provide comprehensive customer support.

We will take care of all the hassle associated with checking the selected property, negotiating with its owner, notarization of the transaction. You can also trust us with after-sales service. On behalf of the client, we will establish security for the facility, select service personnel and resolve other organizational issues.