Since we are in the middle of the summer season, it would be practically impossible to talk about the Canary Islands without mentioning a great holiday destination. The attraction of the archipelago needs no explanation, not only as a well-deserved holiday but also to enjoy its quality of life by investing in its dynamic real estate market. Engel & Völkers is an internationally renowned real estate company that is already present in the Canary Islands and is looking for new franchisees to continue its business expansion.
The General Situation of the Canary Islands' Market
The year 2017 was the most notable for the Canarian real estate market in almost a decade. The property sales in the large towns of the archipelago rebounded more than 14% over the previous year, well above the average in the Spanish provincial capitals. There is no denying the exceptional business figures that the tourism industry has achieved, which are very much related to this positive real estate trend.