The Canary Islands property market entered the second half of 2026 from a position of continued strength.
July 10, 2026
According to Idealista data updated to June 2026, average residential asking prices across the archipelago reached €3,297 per square metre.
This represents quarterly growth of 0.8% and an annual increase of 7.4%.
The figures confirm an active market, but not a uniform one.
Tenerife, Gran Canaria, Fuerteventura and Lanzarote are increasingly following their own trajectories, shaped by different combinations of international demand, urban growth, lifestyle appeal, residential supply and local market maturity.
For international buyers, the most important question is no longer simply which island is growing fastest.
It is which market best matches the buyer’s objectives.
Executive Highlights
• Canary Islands average asking price: €3,297/m²
• Quarterly market growth: +0.8%
• Annual market growth: +7.4%
• Las Palmas Province recorded the strongest quarterly momentum
• Santa Cruz de Tenerife Province maintained the higher average asking value
• Tenerife continued to combine established international demand with urban growth
• Gran Canaria showed strong momentum in Las Palmas de Gran Canaria and selected southern locations
• Fuerteventura broadened its residential profile beyond its best-known northern destinations
• Lanzarote recorded some of the strongest annual growth figures in the report
Canary Islands: Q2 2026 at a Glance
Canary Islands: €3,297/m² | Quarter: +0.8% | Year: +7.4%
Province of Las Palmas: €3,099/m² | Quarter: +2.9% | Year: +10.8%
Province of Santa Cruz de Tenerife: €3,423/m² | Quarter: -0.4% | Year: +5.0%
Las Palmas Province delivered the stronger quarterly performance.
Santa Cruz de Tenerife Province maintained the higher average asking value, reflecting a more established and consolidated residential market.
Tenerife | A Mature International Market
Tenerife remains one of the principal reference markets in the Canary Islands.
The provincial average reached €3,423/m², with a quarterly change of -0.4% and annual growth of 5.0%.
The quarterly result indicates stability.
The annual figure confirms continued demand.
Key Tenerife Locations
Adeje: €4,607/m² | Quarter: +0.1% | Year: +3.9%
Costa Adeje: €5,265/m² | Quarter: +0.7% | Year: +3.8%
Playa de las Américas: €6,233/m² | Quarter: +0.4% | Year: +6.1%
Los Cristianos – Palm Mar: €4,519/m² | Quarter: +0.9% | Year: +8.5%
Santa Cruz de Tenerife: €2,668/m² | Quarter: +3.2% | Year: +11.4%
La Laguna: €2,714/m² | Quarter: +5.8% | Year: +11.6%
Puerto de la Cruz: €3,457/m² | Quarter: -0.9% | Year: +7.7%
InfoCanarie Insight: Tenerife combines internationally recognised coastal destinations with increasingly dynamic urban markets. The south continues to benefit from strong international visibility, while Santa Cruz de Tenerife and La Laguna recorded notable quarterly and annual growth. The Q2 figures reinforce Tenerife’s broad appeal across lifestyle ownership, relocation and long-term residential demand.
Gran Canaria | Urban Strength Meets Established Resort Demand
Gran Canaria produced one of the most dynamic readings of the second quarter.
Las Palmas Province reached €3,099/m², with quarterly growth of 2.9% and annual growth of 10.8%.
Key Gran Canaria Locations
Las Palmas de Gran Canaria: €2,840/m² | Quarter: +6.1% | Year: +14.8%
Puerto – Canteras: €3,950/m² | Quarter: +0.6% | Year: +7.8%
San Bartolomé de Tirajana: €4,844/m² | Quarter: +2.9% | Year: +5.0%
Playa del Inglés: €5,562/m² | Quarter: +3.0% | Year: +10.1%
Maspalomas – Meloneras: €5,265/m² | Quarter: -2.5% | Year: -8.6%
Tauro – Playa del Cura: €4,807/m² | Quarter: +4.3% | Year: +12.1%
Agüimes: €2,061/m² | Quarter: +6.5% | Year: +26.7%
InfoCanarie Insight : Gran Canaria is developing along two clear directions. The first is urban. Las Palmas de Gran Canaria recorded quarterly growth of 6.1% and annual growth of 14.8%. The second is linked to the established international appeal of the south, where Playa del Inglés and Tauro – Playa del Cura both posted positive quarterly results. Agüimes stood out with the strongest annual increase among the locations included in the report.
Fuerteventura | A Broader Residential Market
Fuerteventura continued to show a positive and increasingly diversified property market during Q2 2026.
The north retains strong international recognition, while central and southern municipalities recorded significant quarterly and annual variations.
The island continues to attract buyers seeking climate, space, lifestyle and long-term residential potential.
Key Fuerteventura Locations
La Oliva: €3,566/m² | Quarter: +0.7% | Year: +8.9%
Corralejo: €3,553/m² | Quarter: 0.0% | Year: +6.7%
El Cotillo: €4,010/m² | Quarter: +1.1% | Year: +7.6%
Antigua: €3,082/m² | Quarter: +6.7% | Year: +18.7%
Pájara: €3,162/m² | Quarter: +1.3% | Year: +18.9%
Puerto del Rosario: €2,120/m² | Quarter: +3.9% | Year: +13.2%
Tuineje: €2,443/m² | Quarter: +4.2% | Year: +15.7%
InfoCanarie Insight: Fuerteventura is no longer defined by a single flagship destination. La Oliva, Corralejo and El Cotillo confirm the importance of the internationally recognised north. Antigua recorded the strongest quarterly increase among the selected locations, while Pájara, Puerto del Rosario and Tuineje showed significant annual growth. The Q2 data points to a broader market, combining established coastal destinations, residential centres and emerging areas of interest.
Lanzarote | Identity, Scarcity and Consistent Demand
Lanzarote closed the second quarter with several positive results.
The island continues to benefit from a distinctive territorial identity, international visibility and naturally selective residential supply.
Key Lanzarote Locations
Arrecife: €2,375/m² | Quarter: +7.4% | Year: +22.4%
Teguise: €3,341/m² | Quarter: +4.8% | Year: +19.0%
Costa Teguise: €3,916/m² | Quarter: +4.8% | Year: +7.2%
Tías: €3,957/m² | Quarter: +6.1% | Year: +0.2%
Haría: €3,134/m² | Quarter: +4.3% | Year: +20.7%
Yaiza: €3,680/m² | Quarter: +2.9% | Year: -5.3%
InfoCanarie Insight: Lanzarote delivered one of the strongest overall performances of the quarter. Arrecife recorded quarterly growth of 7.4% and annual growth of 22.4%. Teguise, Costa Teguise, Tías and Haría also posted positive quarterly variations. The figures confirm sustained interest in locations combining strong identity, recognised lifestyle appeal and selective availability of suitable property.
Locations with the Strongest Annual Growth
Agüimes, Gran Canaria: +26.7%
Arrecife, Lanzarote: +22.4%
Haría, Lanzarote: +20.7%
Teguise, Lanzarote: +19.0%
Pájara, Fuerteventura: +18.9%
Antigua, Fuerteventura: +18.7%
Las Palmas de Gran Canaria, Gran Canaria: +14.8%
Puerto del Rosario, Fuerteventura: +13.2%
Tauro – Playa del Cura, Gran Canaria: +12.1%
La Laguna, Tenerife: +11.6%
Santa Cruz de Tenerife, Tenerife: +11.4%
Playa del Inglés, Gran Canaria: +10.1%
These figures indicate where the market showed the greatest year-on-year momentum to June 2026.
They provide direction, but they do not determine the value or suitability of an individual property.
Leading Locations by Asking Price per Square Metre
Playa de las Américas, Tenerife: €6,233/m²
Playa del Inglés, Gran Canaria: €5,562/m²
Playa San Juan, Tenerife: €5,407/m²
Costa Adeje, Tenerife: €5,265/m²
Maspalomas – Meloneras, Gran Canaria: €5,265/m²
San Agustín – Bahía Feliz, Gran Canaria: €5,223/m²
San Bartolomé de Tirajana, Gran Canaria: €4,844/m²
Tauro – Playa del Cura, Gran Canaria: €4,807/m²
Adeje, Tenerife: €4,607/m²
Los Cristianos – Palm Mar, Tenerife: €4,519/m²
These values reflect the continued relevance of established coastal destinations and internationally recognised residential markets.
What International Buyers Should Understand
Average prices do not tell the whole story.
Buying property in the Canary Islands is not simply a matter of selecting an island.
It requires identifying the market that best matches the buyer’s objectives.
Permanent relocation.
Lifestyle ownership.
Second residence.
Retirement planning.
Rental income.
Portfolio diversification.
Capital preservation.
Each objective requires a different combination of location, property type, legal structure and long-term strategy.
Beyond the Numbers
The asking price per square metre is only one indicator.
A well-informed acquisition also requires consideration of:
• micro-location;
• planning and legal status;
• build quality;
• energy performance;
• property condition;
• community profile;
• rental demand;
• future infrastructure;
• taxation;
• operating costs;
• long-term marketability.
These factors ultimately influence the quality and resilience of a property decision.
The InfoCanarie View
Q2 2026 confirms that the Canary Islands should no longer be interpreted as a single property market.
They represent distinct residential environments, each responding to different economic, demographic and international demand drivers.
Tenerife offers an established international market with a broad range of urban and coastal profiles.
Gran Canaria combines urban resilience with internationally recognised resort demand.
Fuerteventura is developing a more diversified residential map.
Lanzarote continues to benefit from strong identity and selective supply.
For international buyers, the objective is not simply to identify the location showing the fastest growth.
It is to select the right property, in the right market, for the right purpose.
Reliable market intelligence remains essential.
Local knowledge remains decisive.
Together, they form the basis of an informed property decision.
SOURCE AND METHODOLOGY NOTE ==========
Data source: Idealista residential asking-price reports for the Canary Islands, updated to June 2026.
Important: The figures refer to advertised asking prices and should not be interpreted as completed transaction prices.
Variations are calculated against March 2026 for the quarterly comparison and June 2025 for the annual comparison.
Individual property values may differ according to micro-location, condition, legal and planning status, energy performance, building quality and intended use.
By Fabio Chinelalto
"InfoCanarie" - InfoCanarie Promotion and Consulting Founder
Since 1999, InfoCanarie has been supporting entrepreneurs, investors and families in real estate investment, business internationalization, company setup and the development of economic activities in the Canary Islands.
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