Bad news for the wallet: The sectors where prices are rising the most in the Canary Islands
Restaurants, healthcare and financial services are among the categories pushing household spending higher.
Economy
Regional president seeks to curb foreign home purchases in the Canary Islands and acknowledges “tough battle” ahead
The regional government argues that without regulatory changes and a significant increase in housing supply, growing demand will continue to outpace construction capacity.
Conflict in the Middle East drives up freight, fuel and feed costs in the Canary Islands
Higher shipping, insurance and raw material costs are beginning to filter through to local producers, raising concerns about further price increases if the conflict continues.
House prices in the Canary Islands surge 12% and exceed 2007 property bubble peak
Limited housing supply and sustained demand continue to push prices higher, increasing pressure on buyers across the islands.
Tenerife hosts the most expensive neighbourhood in the Canary Islands, with prices more than double the national average
Strong demand, limited supply and growing foreign interest are continuing to push prices to record levels, especially in the south of Tenerife.
Buying a home in the Canary Islands is now €40,000 more expensive than a year ago
Strong demand and limited housing supply are pushing property prices sharply higher across the archipelago, putting home ownership increasingly out of reach for local residents.
Canary Islands rental market still at critical lows in 2025
Despite slower rent increases, the sharp shortage of long-term housing continues to fuel intense competition and affordability pressures across the archipelago.
Room prices in the Canary Islands rise sharply, up 48% in five years
Rising housing pressure is turning shared accommodation into the only viable option for many residents.
Spain proposes EU-backed limits on non-residential home purchases in the Canary Islands
The proposal reflects growing concern that unchecked investment and non-residential demand are crowding local residents out of the Canary Islands’ housing market.
The Canary Islands consolidate their position as a hub for innovative businesses
Madrid was the chosen venue to close the series of events organised by Proexca, with the aim of strengthening ties with expanding companies and promoting the competitive advantages of the archipelago