This is just a quick introduction for anyone looking to buy or sell property in Tenerife or any other of the Canary Islands. Kyero.com has great up to date, interactive tools for you to use to assess the property market situation. Spain's property market has had a turbulent history as we all know and when buying property, you need to know that your investment isn't going to lose you money! The Canary Islands have been relatively stable and has remained to be the safest province in Spain to invest in property. Recent market reports are showing very promising - prices, property purchases and mortgage lending are all on the up, SLOWLY... but surely. In our personal view, this is a more responsible and safer rate of growth so that the risk of there being annother "property bubble" is decreased.

Here's some of the latest information on the property market from www.kyero.com:

Property Transactions in the Canary Islands 2015

Property transactions in the Canary Islands are slowly increasing with 35% of property transactions being carried out by International Buyers in the 3rd quarter of 2015.

House Price Index in the Canary Islands 2015

Whereas the leading indicator for judging the condition of the property market is traditionally the House Price Index, the more useful one these days is the number of property transactions.

If you were to take anything away from reading this article, it should be "BUY NOW!" We have clients losing out on finding their perfect home / second home / investment property in the Canary Islands because they have lost out to other buyers who have moved quick!

Source: Various articles from Kyero.com who sauce their data from the latest Government reports.

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