Canarian property market sees ‘upward bounce’

Gran Can 2The market in the Canaries is looking very positive right now, with almost every indicator showing an upward bounce since the middle of 2015.

Commenting on this data, Martin Dell, Director of Kyero, said, ‘We have already seen some talk of another bubble, I’d only add that market activity is still 58% below its peak in 2006 and we have a long way to go before hitting those levels. 2015 looks more like the very early stages of a recovery, mostly driven by international buyers.’

Visitors to searching for property in the Canary Islands have increased by 36% in Q1 – Q3 2015, compared to the same period in 2014.

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