Property in the Canary Islands

Property in the Canary Islands

 

The Canary Islands is often reputed to possess the best weather in Europe with average temperatures in excess of 18º C (64 º F) and summer peaks of 24º C (75 º F). Regular budget flights from Europe have created a strong tourist economy with over 10 million visitors per year.

These factors have encouraged overseas investors to purchase property in the Canaries either as a permanent retirement home or rental holiday home. With annual capital appreciation averaging 12% since 2002 and prices 10% less than mainland Spain, real estate in the Canaries is expected to be a sensible choice of investment. Sunshine Estates partner with local developers and estate agents in order to offer a wide range of villas and apartments for sale in the 4 major islands: Fuerteventura, Gran Canaria, Lanzarote and Tenerife.

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