A strategic €5 million project in Tijarafe, La Palma, is entering its decisive phase. The development will deliver six urgently needed homes alongside modern business incubator spaces, aiming to fix population and boost the local economy. Read about this key investment for the island’s northwest.
La Palma’s €5m Business and Housing Hub Nears Completion Read More »
Santa Cruz de Tenerife has awarded the construction contract for 226 new public rental homes in the Cuevas Blancas area. The project, with a budget of over €33.5 million, is part of a wider agreement to build 526 social homes across the city. Discover the design details and timeline for this major housing development.
Work Begins on 226 New Social Homes in Santa Cruz de Tenerife Read More »
The Canary Islands Government has approved a €29.8 million economic support package to shield residents and businesses from the fallout of the Middle East conflict. The measures include fuel tax cuts, zero-rated VAT on basic goods, and direct aid for key sectors. Read the full details of the regional and national requests designed to support the archipelago’s economy.
Canary Islands Approve €29.8m Crisis Package Amid War Impact Read More »
Petrol prices in the Canary Islands are climbing rapidly, driven by international conflict and disruptions to global oil shipping. Our updated fuel finder tool, using official data, helps you locate the cheapest stations across all the islands. Discover how to navigate the rising costs.
Canary Islands Petrol Prices Surge Amid Global Tensions Read More »
The City Council of La Laguna has approved a major modification to its General Urban Plan, paving the way for a large sports complex in Las Mantecas, new university residences, and protected housing. The move aims to address the housing crisis, modernise university campuses, and create greener, more connected urban spaces. Read on for the full details of this historic urban development.
La Laguna to Build Sports Complex and Student Housing in Major Plan Read More »
Exclusive analysis of land registry data shows a dramatic 52.7% increase in individuals owning two or more properties in the Canary Islands since 2010, starkly contrasting with the struggles of first-time buyers. Experts warn this concentration of housing stock in fewer hands is the core of the archipelago’s escalating affordability crisis. Read the full investigation into the data and its impact on residents.
Housing Crisis Deepens as Multiple Property Ownership Soars in Canary Islands Read More »
To tackle the acute housing shortage, property owners and architects in the Canary Islands are increasingly converting large, old homes into two or more smaller flats. This trend responds to shrinking family sizes and skyrocketing property prices, creating more affordable rental units. We explore the viability, legal requirements, and costs of this growing solution.
Canary Islands’ Housing Crisis Solved by Splitting Large Homes Read More »
The Canary Islands have been selected to participate in the UN’s World Urban Forum in Baku, shifting from a region in declared housing emergency to a potential global leader in solutions. Vice Minister Octavio Caraballo will present ambitious proposals, including an international network of island territories, to address housing access. Discover how the archipelago plans to turn its geographical limitations into innovative opportunities on the world stage.
Canaries to Lead Global Housing Debate at UN Forum Read More »
New data reveals a stark picture for the Canary Islands housing market, where the average property price has jumped by 16.5% year-on-year while the number of sales transactions has fallen by 13.6%. This deepening crisis is pricing out young people and those on lower incomes. Read the full analysis of the January figures.
Canary Islands House Prices Soar 16.5% as Sales Plunge Read More »
Doris Borrego has been re-elected for a fourth term to lead the Canary Islands Holiday Rental Association (ASCAV). The association, representing over 2,100 members, faces significant challenges from new regional and European regulations. It is positioning itself as a key defender of small local owners against large investment funds.
Holiday Rental Association Leader Re-Elected Amid Regulatory Challenges Read More »
