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ABOUT THE CANARY ISLES
With prices around 10 per cent less than on the Spanish mainland, the Canary Islands offer a fabulous climate all year round and are a firm favourite with Brits for both holidays and retirement.
From the bustle of Tenerife to the wild beauty of Gran Canaria, the Canaries have something for everyone.
With a superb climate, near-constant year-round temperature and glorious beaches with fine sand, the Canary Islands are a great choice for people who want to purchase holiday or investment property.
The five most popular islands, each with a unique landscape and culture, are Gran Canaria, Fuerteventura, Lanzarote, Tenerife and La Palma.
The Canary Islands are Spain's tropical paradise and for Spaniards living in mainland Spain as they are for the hundreds and thousands of foreign tourists, many from the UK, who pack the islands' resorts all year round.
Property on the Canary Islands is in high demand and this makes it perfect for property investments, which should see a good return.
WHERE TO BUY PROPERTY ON THE CANARY ISLANDS
Hostorically the islands of Tenerife and Gran Canaria have led the market development, however Fuerteventura is currently experiencing the most growth. Click here The best spots to buy property in the Canaries »
BUYING PROPERTY IN THE CANARIES
Property appreciation in the Canaries has been around 10 and 12 per cent per year for the last few years. However, some experts predict that certain resorts may see rises of closer to 14 per cent this year. The island of Fuerteventura is creating the the most interest. The windy island is experiencing a major upsurge in interest, although itís still possible to buy a townhouse for under 60,000€. More »