Canarias property prices and rental yields
Region of Spain
Home prices in Canarias rose 5.7% a year on average from 2016 to 2025, the 8th fastest of 19 regions in Spain. Local rents are not published, so Spain's rental yield of 6.9% is shown. A square metre cost €2,044 in 2025 (4% below the Spain level of €2,128).
Updated 2026-10-28 · Data 2015–2026 so far
Areas of Canarias
| El Hierro | +4.9% | 6.9%* | €2,040 |
|---|---|---|---|
| La Gomera | +4.9% | 6.9%* | €2,040 |
| La Palma | +4.9% | 6.9%* | €2,040 |
| Tenerife | +4.9% | 6.9%* | €2,040 |
| Fuerteventura | +4.2% | 6.9%* | €2,049 |
| Gran Canaria | +4.2% | 6.9%* | €2,049 |
| Lanzarote | +4.2% | 6.9%* | €2,049 |
Price growth: 2016–2025, compound average per year, in the country's own currency, before inflation. Rental yields: 12-month lets, gross. Price per m²: latest year, from the best published source for each area. * Figure of the larger area: no local data. – no data.
Price growth by year
% change on the year before
How Canarias compares
Questions
What is the average property price per m² in Canarias?
€2,044 per m² in 2025, from Ministry of Housing and Urban Agenda (MIVAU). It ranges from €2,040 in El Hierro to €2,049 in Lanzarote.
How much have property prices risen in Canarias?
+5.7% a year on average from 2016 to 2025, and +10.9% in 2026 so far.
What rental yield can you get in Canarias?
No local rent figures are published for Canarias; Spain's average gross yield was 6.9% in 2016–2025.
Which area of Canarias had the highest price growth?
El Hierro, at +4.9% a year from 2016 to 2025, ahead of La Gomera at +4.9%.
Sources
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