With warm temperatures, superb seaside resorts, dramatic landscapes, exquisite art and architecture it’s little wonder that tourists flock to the Canary Islands for their holidays.
Regular budget flights from Europe have enhanced the tourist economy too, encouraging UK buyers to invest in property in the Canary Islands for permanent homes, holiday homes or rental investments. (If you’re one of these buyers, get in touch about your holiday home insurance).
Looking for inspiration on where start with your property search? Here we describe some of the most popular destinations for buying a holiday home in the Canaries:
Tenerife is the largest of the Canary Islands and is easily accessible via many regular flights from all over the UK. Holiday homes in Tenerife can be ideal, not only for your own use but also for rental guests you may wish to attract.
Playa de las Americas
This resort comes jam-packed with lively bars, restaurants, water sports and other activities so if you are looking for the buzz of a busy resort, this could well be the place for you. Meanwhile, for a little respite from the crowds, try San Eugenio Bajo which sits on the edge of Playa de las Americas and is near enough to the centre for easy reach of facilities, yet far enough to relax in peace when you wish.
Just south of Las Americas, this area contains several holiday apartment complexes, most of which are beachfront. They offer plenty of facilities, often making them ideal holiday rental properties. The two main beaches are on either side of the harbour: Los Cristianos is a wide sheltered bay with splendid views of the volcanic peak of Maunt Gauza in the distance and Playa de las Vistas is the place to go for water sports.
Stretching from Playa Fanabe with its golden sands to Playa Paraiso, Adeje is a popular area and has several low-rise town houses as well as some higher rise apartment blocks at great value prices. The area has a lively night scene and several nearby beaches, perfect for sun seekers and partygoers alike.
Playa de las Teresitas and San Adres
These popular spots are worth mentioning particularly if you are looking for good tourist facilities, economical prices and strong rental potential from your property in Tenerife.
Lanzarote is the most volcanic of the Canaries and its iconic black sands are both beautiful and unusual. The island is generally considered to be the classiest of the Canary Islands, and you will find the building laws have avoided the kind of mass development to be found on the other islands. Most property in Lanzarote rises no more than three floors and is often built in a serene, white cubist style.
Puerto del Carmen
As the island’s oldest and most expensive resort, you can meander through an attractive old town, visit the fishing harbour, or take a wander along its six kilometres of beachfront. At just ten minutes’ drive from the airport, this is a popular place for buyers looking for top quality holiday homes in Lanzarote. Property here has tended to hold its value more than elsewhere, although shrewd buyers can often still find some good bargains.
Costa Teguise lies on the eastern shores of Lanzarote, just 15 minutes’ drive from the airport and it comes complete with great facilities including a water park, golf course and windsurfing schools. The nightlife in Costa Teguise is lively but generally quieter than in Puerto del Carmen. Nevertheless, it boasts several bars, restaurants and clubs for parties to remember. Costa Teguise is a popular place to relocate to or invest in a holiday villa or apartment for rental purposes.
Sitting on the southern tip of the island, half an hour’s drive from the airport, Playa Blanca is a well-established tourist area with a wide choice of restaurants and beaches, and the well-known luxury Papgayo Beach resort is just a short drive away.
Fuerteventura is a showcase of idyllic white sandy beaches with turquoise waters. This, coupled with the fact that it is the least commercialised of the Canary Islands, makes it a stunning and relaxing place for holidays. Expat communities tend to stick to holiday resorts such as Corralejo’s Caleta de Fuste where you can purchase anything from humble studios to luxury villas on the edge of the island’s two golf courses.
Located in the north, Corralejo is a popular place to buy if you are looking for strong rental potential. The purpose-built resort of Caleta de Fuste is very popular amongst Fuerteventura property investors and is located less than ten minutes’ walk from the beach and local shops. It has a pool, gym and tennis courts to cater for the needs of the holiday rental market. Properties within the popular Fuerteventura Golf Resort could also prove to be a wise investment.
Despite its name, Gran Canaria is only the third largest island in the Canaries but it accounts for nearly half the population of the Canaries. You can expect a rich variety not only in property, but also in terrain – from the green and leafy north, to the mountainous interior and desert landscapes in the south. You’ll be able to enjoy a full range of activities, including water sports, horse riding, hiking, or simply rolling out your towel and relaxing on the beach.
A busy city and an important trading hub, Las Palmas sprawls across many neighbourhoods where you can choose from city penthouses or apartments to more spacious villas with pools. The energy of the city is a big attraction as is the seafront at Playa de las Canteras. Wherever you choose to buy, well located property in Las Palmas is often a worthwhile investment, whether for relocation purposes, holiday homes or rentals.
Meloneras is often dubbed the Beverly Hills of Gran Canaria and therefore features high-end prices and luxury villas, many of which are rented out for holiday lets. It is well situated next to the popular tourist areas of Playa del Ingles and Maspalomas and in addition to the sandy beaches you’ll be spoilt for designer boutiques and trendy shops as well as international restaurants, cafes and bars. For golf lovers, Meloneras comes up trumps with an 18-hole course with spectacular views and a beautiful clubhouse.
Puerto de las Nieves
Located in the lush, green north, Puerto de las Nieves is less populated than other areas of the island and is a quiet town with a harbour and a wild coast, ideal for water sports enthusiasts. Magnificent highlands with many hiking trails surround the town and you may well find that property prices are more affordable here than on the rest of island
This information is non-advisery and merely meant as a general guide to purchasing holiday homes. For professional advice, please consult a qualified estate agent or lawyer.