Category Archives: Property

Property owners in tourist zones urged to confirm their rights to residential use or risk losing it

This summer the Government of The Canary Islands passed into law their latest legislation surrounding tourist properties and tourism land.  Property owners in tourism areas remember well the chaos that ensued on the south of Gran Canaria a couple of years ago when San Bartolomé de Tirajana, the town hall…

Supreme Court ruling continues to tempt thousands of timeshare clients to file lawsuits for fraud

Two and a half years ago we brought you the exclusive story of the Ground Breaking Supreme Court ruling in favour of a Norwegian client, Tove Grimsbo, represented by Arguineguín based lawyer Miguel Rodriguez Ceballos (left) working with the English speaking Canarian Legal Alliance (CLA).   Today it seems Spanish language daily La…

Gran Canaria Green Forest Fund to plant 1.5 million trees each year

The Cabildo de Gran Canaria has announced support for the creation of the Green Forest Fund, which will provide €1.5 million for the remainder of this year to plant 500,000 trees and from January they have agreed a further €4.5 million every year to plant around 1,500,000 more, an audacious…

San Fernando suspect detained, two more being hunted

The National Police have arrested one of the alleged perpetrators of the home invasion and robbery that took place on Monday morning in the southern district of San Fernando de Maspalomas. Officials continue to investigate the shocking and highly unusual incident to try to locate two others allegedly involved in…

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