In 2024, the average home price in the region of Canary Islands, Spain, is $498,000, at a price per square foot of $249. By comparison, the national average cost to buy a house in Spain is $418,000, or $209 per square foot.
Real estate in Canary Islands is sought-after by foreign and local buyers alike, and prices have changed by 15.9% compared to the previous year. Homes located in the most popular towns in Spain, frequented by tourists, tend to be more valuable, while living in remote or lesser-known locations is typically more affordable.
Here’s how Canary Islands property prices compare to other regions of Spain:
Andalusia $424,000
Aragon $290,000
Asturias $280,000
Balearic Islands $834,000
Canary Islands $498,000
Cantabria $322,000
Castilla and León $240,000
Castilla-La Mancha $188,000
Catalonia $478,000
Valencia $362,000
Basque Country $586,000
Extremadura $196,000
Galicia $282,000
La Rioja $272,000
Madrid $656,000
Murcia $242,000
Navarre $344,000
House prices in the cities and towns of Canary Islands, in US dollars
The most expensive town to buy a house in Canary Islands is Adeje, where a 2,000 square foot home costs on average $802,000. That’s a price per square foot of $401.
The most affordable place in Canary Islands to buy a house, of the locations analyzed, is Icod de los Vinos, where you can purchase a 2,000 square foot home for as little as $194,000, or $97 per square foot, on average.
Real estate prices in Canary Islands’ main cities and towns:
Adeje $802,000
Agüimes $304,000
Antigua $466,000
Arona $614,000
Arrecife $326,000
Arucas $266,000
Breña Alta $354,000
Candelaria $422,000
El Rosario $390,000
Firgas $242,000
Gáldar $232,000
Granadilla de Abona $388,000
Guia de Isora $540,000
Haria $432,000
Icod de los Vinos $194,000
Ingenio $232,000
La Oliva $608,000
La Orotava $288,000
Las Palmas de Gran Canaria $450,000
Los Realejos $292,000
Mogán $696,000
Pajara $466,000
Puerto de la Cruz $546,000
Puerto del Rosario $296,000
San Bartolomé $416,000
San Bartolomé de Tirajana $756,000
San Cristóbal de la Laguna $324,000
San Miguel de Abona $470,000
Santa Brigida $306,000
Santa Cruz de la Palma $312,000
Santa Cruz de Tenerife $418,000
Santa Lucía de Tirajana $282,000
Santa Maria de Guia de Gran Canaria $244,000
Santa Ursula $388,000
Santiago del Teide $590,000
Tacoronte $318,000
Tazacorte $340,000
Teguise $470,000
Telde $298,000
Teror $224,000
Tias $590,000
Tuineje $360,000
Valsequillo de Gran Canaria $260,000
Vega de San Mateo $216,000
Yaiza $676,000
Planning to move to Spain? Find out all you need to know about how to buy property in Spain as a foreigner.
Canary Islands Spain property prices, in Euro
An average 200-square-meter house in Canary Islands sells for around €486,400, or €2,432 per square meter. Property prices in Canarias have changed by 15.9% compared to last year.
Of the locations analyzed, the priciest properties in Canary Islands can be found in Adeje, going for €784,600, on average, or €3,923 per square meter.
On the other hand, the cheapest house prices in Canary Islands are in Icod de los Vinos, where an average-sized home goes for €189,200. That is based on an average of €946 per square meter.
See how much it costs to buy property in other locations in Canary Islands:
Adeje €784,600
Agüimes €298,000
Antigua €456,400
Arona €601,400
Arrecife €319,000
Arucas €260,600
Breña Alta €347,000
Candelaria €412,000
El Rosario €382,400
Firgas €237,000
Gáldar €226,600
Granadilla de Abona €379,800
Guia de Isora €528,400
Haria €421,800
Icod de los Vinos €189,200
Ingenio €227,600
La Oliva €594,200
La Orotava €282,400
Las Palmas de Gran Canaria €440,200
Los Realejos €285,400
Mogán €681,000
Pajara €455,600
Puerto de la Cruz €534,000
Puerto del Rosario €289,400
San Bartolomé €407,600
San Bartolomé de Tirajana €739,600
San Cristóbal de la Laguna €316,600
San Miguel de Abona €460,600
Santa Brigida €300,400
Santa Cruz de la Palma €304,800
Santa Cruz de Tenerife €408,400
Santa Lucía de Tirajana €276,800
Santa Maria de Guia de Gran Canaria €239,200
Santa Ursula €379,000
Santiago del Teide €576,800
Tacoronte €311,000
Tazacorte €331,800
Teguise €460,600
Telde €292,400
Teror €218,600
Tias €577,800
Tuineje €352,800
Valsequillo de Gran Canaria €254,600
Vega de San Mateo €211,200
Yaiza €662,200
Home prices vary depending on the condition of the property, the size of the home, and, of course, the location. For example, apartments and homes located in historic town centers tend to be more expensive than in other areas of the town, partly because of their proximity to amenities and partly because of their higher rental value. Moreover, properties in need of extensive renovation are typically priced much lower than those that are in move-in condition.
Methodology:
- When using or citing this data, please give credit with a link to My Dolce Casa
- Home price data source: Idealista, valid as of the date of this report
- Original prices published in euros per square meter
- Euros converted to U.S. dollars at an exchange rate valid as of the date of this report
- Square meters converted to square feet
- The average price of a 2,000 square foot home was calculated by multiplying the price per square foot in USD by 2,000
- The average price of a 200 square meter home was calculated by multiplying the price per square meter in Euro by 200
