Real estate market in the Canary Islands

After the financial crisis that hit Spain in 2008, the Real Estate market in the Canary Islands has experienced a significant recovery. Below are some relevant data that illustrate the evolution of the Real Estate market in this region.

2.204 properties sold in January 2023

According to the INE Property Rights Transfer Statistics, in January 2023, 2,204 sales were registered, representing an increase of 6.11% in the interannual rate. On the other hand, the General Council of Notaries published its latest data, which shows a total of 2,041 transactions in January 2023, which represents a year-on-year decrease of -5.42%.

Purchase and sale of homes in the Canary Islands, according to the General Council of Notaries and the INE

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