The Canary Islands real Estate market sets itself aside from mainland Spain, canary islands golf courses and all year round sunshine

Canary Islands leading Spanish Real Estate Opportunities

18/06/2008
New research reveals the Canary Islands are becoming increasingly popular with overseas investors. In particular buy to let properties are doing exceedingly well.
According to a study by Globaledge.co.uk the popularity of the Canary Islands amongst property investors has rocketed. In the survey Tenerife appeared in the top ten, followed closely by Fuerteventura. Regions Costs Teguise in Lanzarote, Palm Mar in Tenerife and Caleta de Fuste in Fuerteventura all made the top 70 most sought after locations.
Overseas property specialists David Stanely Redfern were not surprised by the results. They claim the Canary Islands are attracting an increased number of investors due to its year round sunshine and excellent returns on rental holiday homes. Liam Bailey head of international research for David Stanley Redfern explains:
“Though never scorching, the Canary Islands is warm all year round, and Tenerife tourism is on the rise again.”
Investors make rental yields of between 8 and 10% depending on how much they use it themselves,” adds Bailey.
New developments in the region are set to encourage further interest in the Canary Island. Such developments include new five star hotels, marina’s and golf courses.

Real Estate is driven down by media and lenders opinion

The real prospect of a housing and Real Estate crash has been created by doom-mongers and has seeped into the minds of home owners and potential buyers following report after report from British leading lenders. Is the Canary Islands the best place for your money.

The Sunday Express one of the UK leading national newspapers, May 25th, 2008 issue states that since the credit crunch began to bite, barely a day has gone by without one report or another predicting Armageddon for house prices. However, although the economy is undoubtedly suffering from a dramatic increase in fuel and food bills and a general lack of confidence, the fact is that our homes are worth significantly more than they were this time last year!

An exclusive Sunday Express Poll of Polls shows, on average, house prices are up 3.2 per cent over the last twelve months.

The prospect of a housing crash has been created by doom-mongers and has seeped into the minds of home owners and potential buyers following report after report from the nation’s leading lenders. It is, of course, understandable that this slight paranoia influences our minds and the decisions we make or do not make. Things like the holiday home that has been put on the back burner due to the scaremongers misguided ideas that the housing markets worldwide are in crisis.

John Goldacre from GoldAcre Estates said that opportunities are always available in any market that is under pressure and of course regarding lack of opportunities nothing could be further from the truth in Fuerteventura where property prices have always been well priced compared to its Canary Island neighbours such as Tenerife, Lanzarote and Gran Canaria .

The Sunday Express article reveals that actually over the past year, only three regions in the UK have experienced price falls, while nine have remained buoyant! While the UK is not enjoying the 10 per cent plus leaps in value seen over the past decade, experts believe the market has stabalised with the country returning to more realistic levels of growth. In fact, over the last year, the vast majority of the country has experienced strong growth, adding thousands of pounds to the value of their homes. As you would expect, London remains the strongest performer with a 9.1 per cent leap.

The Sunday Express article stated, we are not suffering from a housing crisis, all we are suffering from is a crisis of confidence which has been brought about by the radical and rather drama related ideas created by alarmists.

GoldAcre Estates claims, in Fuerteventura the market is still very good. Prices have levelled which you find in all the housing market trends with any sort of slow down which of course have therefore become extremely attractive for investment and future growth. Now is the time to plan your future and be a part of the development and opportunities Fuerteventura has to offer because as all markets that flatten or fall history has proven that there is only one way you go, which is upwards so now is the time to buy your perfect home in the sun.



GoldAcre Estates Fuerteventura

Is there light at the end of tunnel regarding doom and gloom in the Spanish property market?

Fuerteventura leads the way with prices increasing in the Canary Islands, opportunities to buy luxurious property at excellant prices with Guaranteed mortgages so no credit crunch worrys, Fuerteventura is only 3.5 hours flying time from most of mainland Europe and has miles of Golden sand beaches , Canary Islands home to the Canary Palms.

Spanish Property Collapse a distant past as Fuerteventura sees Prices Increasing

Is their Light at the end of the tunnel of doom surrounding the Spanish property market ?

The Canary Islands in Particular Fuerteventura would like to contest the stories that surround the bad news that circulates around the press regarding the Spanish Property market, Vista Mar a Luxury development of 79 three bedroom apartments that are situated directly in front of the sea, have sold 61% of the total available units in just 6 months and are announcing price increases ranging from 6,000 euros per unit to 10,000 euros for the single level apartments and 20,000 Euros increase in the Duplex Penthouse Apartment’s.

Why you ask, when all the reports are of Credit crunch and property falling in price across Spain would prices be on the increase ? John Goldacre of GoldAcre Estates, Vista Mar’s main selling agent commented, when you have a luxury product that is properly priced you will always find a market where people who understand great value for money are prepared to commit to buying regardless of market conditions, and traditionally the Canary Islands and in particular Fuerteventura has offered opportunities for excellent priced property which holds and grows in value, because with an island as opposed to mainland Spain you do not have hundreds of miles with similar properties.

The Canary Islands offers all year round sunshine and is approximately only 3.5 hours flying time from most of mainland Europe and Fuerteventura offers the best beaches in the whole of the Canary Islands with some 162 km of Golden Sands stretched the length of the island, massive inward investment has been made on the internal infrastructure of the Island with a huge expansion to Fuertevantura’s airport situated in Puerto del Rosario, which shows the confidence and long term prospects that Fuerteventura has to offer its property buyers .

Vista Mar price increases take effect on the 12th May but even with the price increase you will still be able to purchase a three bedroom 100m2 luxury apartment with a 42 m2 terrace with Garage and storeroom included for only 202,995 euros, you have a Marina that is two minutes walk from your apartment and a blue flag beach only 10 minutes walk, for further information on these luxurious properties simply visit www.goldacre-estates.com/eng/pages/new/vista-mar.html


Fuerteventura offers today’s property buyer some exceptional opportunities for further information on Vista Mar and other great properties visit www.goldacre-estates.com or e-mail info@goldacre-estates.com

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