Category Archives: Property

Gran Canaria backs Siam Park leaving southern town hall no excuses

The president of the Cabildo de Gran Canaria, Antonio Morales, last week recommended that Siam Park promoter, Wolfgang Kiessling, request the Territorial Qualification, “spontaneously” asked for by the town hall governing Maspalomas, the main tourist zone in the south, to end the newly arisen “doubt” from within the local council…

Fake sportswear at Maspalomas market

Agents from the Policia Nacional detained eleven people, nine men and two women

Canary Islands rents rose more than 6%

Rental properties in the Canary Islands, in March, averaged 94 square meters costing 

Centre for Initiatives & Tourism on Land Law

Opinion Article by Fernando del Castillo y Benítez de Lugo, president of the CIT

Expomeloneras road to Hospital San Roque

The City of San Bartolomé de Tirajana has today (Tuesday 11 July) opened the road

Foreigners bought 10.3% more homes

Foreigners bought a total of 7783 homes on the Canary Islands in 2015, representing an increase

The Santa Monica hotel reopens in May

Santa Monica Suites Hotel, a modern 4☆+ on the dunes of Maspalomas, located within the Natural Park 

€4.475b+ Gran Canaria tourist spending 2015

Gran Canaria was consolidated in 2015 as the island with the fastest growing tourist spending 

New Land Act meant to protect those living in tourist apartments

A new Canary Islands Land Law, to be passed by the Canarian 

Las Palmas house prices rose 6%

House prices in the capital, Las Palmas de Gran Canaria, rose by a massive 6.01% year-on-year,

Tamaraceite’s new shopping center

The Las Palmas City Council has approved specific modification of the General Management Plan (PGO)

Newsbrief: numbers of mortgages rising in 2015

The number of mortgages granted on registered properties in the Canary Islands stood at 823 last September, and increase of 19.7% over the same month in 2014, according to the National Institute of Statistics (INE), who have reported on data from previous months The rise in mortgages is thought to reflect a recovery in…

Newsbrief: 9 arrested in Gran Canaria for property fraud

Guardia Civil report that they have dismantled a criminal group specialised in real estate fraud on Gran Canaria Since March, a total of 9 people have been arrested, charges include fraud, forgery, money laundering, and bribery. So far only 21 affected property owners, both individuals and legal entities, on Gran Canaria have…

Mogán council clearing debris

Mogán has initiated a series of actions for the collection and removal of rubble and residues

Government slows the holiday homes decree

The Canary Islands government has announced a decision to halt the decree regulating vacation homes

CC Puerto Rico to get a renovated face lift

The ever popular Puerto Rico shopping centre, located in the southern municipality of Mogán

Canaries housing prices up 3.6% in Q2

The price of housing rose 3.6% in the Canary Islands during the second quarter compared to the same period

Newsbrief: Number of Canaries home sales rose in July

Home sales increased 13.5 percent in The Canary Islands last July, over the same month of 2014, by a total of 1,794 transactions, according to data released this week by the National Statistics Institute (INE) According to the data from the INE report on Statistics on Transfer of Property Rights, the…

Tourism Model Plan, a professional view

We asked the ACEGI professional association of estate agencies of the Canary Islands, 

Perez: “We will not pursue residents”

The mayor of San Bartolomé, said yesterday that “the council will not prosecute permanent residents

Mogán Mayor favours limiting property use

The mayor of Mogán, Onalia Bueno, has said she is in favor of regulating the use of property in tourist areas.

Tourism Plan “will not expropriate property”

The San Bartolomé de Tirajana PGOs will not expropriate tourism property The SBT town hall has today issued

Is Gran Canaria a good place to buy to rent?

Last month we looked at house prices in Gran Canaria and whether now is a good time to buy or not. If you missed the piece you can find a link at the bottom of this article.

Is now the right time to buy property in Gran Canaria?

We all know houses are cheaper here than in northern Europe and that prices crashed quite spectacularly in 2007