House prices in Canarias

Figures for Spain: Canarias has no reliable figures of its own.

At the average appraised value, a 90 m² home costs €205,146. With 10% down and a 30-year mortgage, the payment is €782 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

69.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Buyers living abroad bought 15.6% of the homes sold here in the four quarters to Q2 2026.

Appraised values have fallen by 3% or more once since 1995. That fall began in Q2 2008.

In 2024 the population grew by 21,924 while 2,262 homes were finished: 9.7 new residents for every new home.

19.4% of the 1,088,700 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

In 2025, 10% of the homes authorised were in existing buildings: conversions, extensions and changes of use.

Public bodies signed €66M of housing works here in 2025, and €83.8M since 2017.