Why invest in property in the Canary Islands
Canary Islands property investment has become increasingly popular with many people securing large returns on investment. Whether buying for turnover, buying to let, selling before completion or to benefit from the Capital growth. The Canary Islands is an ideal part of the world with its sub-tropical climate, all-year-round sunshine, laid-back atmosphere and a lifestyle to suit most individuals. The Canaries is the best part of Europe for the weather and is easily accessible from most major airports, making it a fabulous spot for a holiday home, to investment in property or a new life in the sunshine while still being within easy reach of friends and family "back home".
Which island should I choose?
Each island has individual, unique qualities. Whether you are a lover of sunshine, beaches and outdoor activities or simply want to get away from the grey and the rain, the brief overview of each island below as well as the other related pages should help you get a feel for them.
Tenerife
The largest of the Canary Islands, Tenerife was the first to enjoy the booming tourist trade. An island of contrasts, there is a spot to suit anyone. Tenerife has been a popular place for investing in property for over 30 years. With the popularity of buying property in Tenerife and visiting Tenerife, more and more investors from across europe are choosing Tenerife to make large rental returns on property, buy to let investments, lifestyle purchases and much more!
Gran Canaria
Gran Canaria is the Canary Island with the densest population, with the capital, Las Palmas, alone having more inhabitants than some of the other islands in their entirety. It is rich in history and culture. Gran Canaria property is in high demand with prices increasing on average between 10 - 15 % per annum. More and more people are looking to invest in Gran Canaria property for buy to let investment, guaranteed property rental schemes, capital appreciation and much more.
Lanzarote
Lanzarote has been carefully developed with much influence from the artist, César Manrique - the inspiration behind the numerous white buildings with green windowframes and doors. Lanzarote Property Investment has centred around Puerto del Carmen for many years, now investors and developers are looking to invest in areas like Playa Blanca and Costa Teguise, which now offers an assortment of new developments and properties to choose from that have potential to make large returns on investment.
Fuerteventura
Fuerteventura is the second largest Canary Island yet is the last of the larger islands to be developed. Its characteristics are beautiful sand dunes, beaches and windmills. There is plenty of opportunity to purchase brand new homes on new developments here. Property investment in Fuerteventura has been on a high for the last 5 years with people investing is the new off plan developments under construction in areas like Caleta de Fuste and Corralejo in the north of Fuerteventura. Many people have made massive returns on investments on guaranteed rental properties in Fuerteventura as well as buying to sell properties.