The Canary Islands are one of the favourite places for expats to buy property in Spain. From the great weather on the hottest Canary Islands of Tenerife and Gran Canaria to the excellent family beaches on Lanzarote and Fuerteventura, there’s no end of reasons to live in the Canaries.
The price of used housing in Spain rose 1.7% during the second quarter of 2019. This rise means the average house price in Spain per square metre is 1,733 euros, which is 161 euros per square foot, according to the latest idealista price index.
The rate of growth of the price of rented housing softened in Spain in 2018 and ended the year with an increase of 9.3%, leaving the average rental price per square metre at 10.60 euro per month, which is 98 cents per square foot per month.
There has been an increase of 0.8% in the price of used housing in Spain in October 2018, standing at 1,726 euro per square metre, or 160 euro per square foot, according to the latest idealista real estate price index.
The price of rented housing in Spain fell by 1.3% during the third quarter of 2018, making the current average price per square metre 10.60 euro per month, which is 0.98 euro per square foot, according to the report on the development of rental prices published by idealista.
The cost of renting property has increased by 8.8% in the first quarter of 2018, to 10.60 euro/m2 (1 euro/sq ft) per month. According to the report on rental prices published by idealista, all the autonomous regions in Spain recorded increases between January and March.
The price of used housing in Spain saw a quarterly increase of 2.2% in the first quarter of 2018. This leaves the price per square metre at 1,621 euro and the price per square foot at 150 euro, according to the latest idealista price index.