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11-11-2022, 08:02 PM
Noticias:
Foreigners already buy one in three houses sold in the Canary Islands.
The purchase of homes by foreign citizens in the Canary Islands rose above 33% of the total last summer, a fact that acquires particular relevance in the midst of the debate on the demographic challenge that the Islands have been forced to face, given the estimates of the National Institute of Statistics, which warn that, if everything continues as before, the resident population in the Archipelago will exceed 2.6 million in just three decades, explains Diario de Avisos.
Any specialist confirms this fact as an unsustainable burden for a fragmented, distant and dispersed territory like this. Regarding the data collected by state registrars, it should be noted that, although the presence of foreigners when buying houses in Spain is a constant throughout the country, it is the Canary Islands where this phenomenon acquires greater intensity today.
Not in vain, during the summer 1,467 new properties were sold in the Islands, 16.7% more, and 6,397 second-hand, 3.4% more, which means that the sale of homes grew by 5.6% in these parts during that quarter compared to the same period of 2021.
Foreign buyers were the main protagonists, since one in three houses that changed ownership in the Islands went into their hands, 33.7%, which is proportionally the highest percentage in the country, followed by the Balearic Islands (31.46%) and Valencia (28.34%).
In addition, the statistics that concern us include another significant fact, given that, despite the fact that the Canary Islands is one of the territories with the highest levels of poverty in all of Spain, and being the islanders who invariably appear among those who receive on average the lowest salaries in the country, it turns out that in the price of used housing (which as explained already accounts for by far the bulk in the sale of residences) the Islands yes they are among the communities where more is paid for them, to such an extent that only Madrid (3,229 euros per square meter; Balearic Islands (3,082); The Basque Country (2,891), and Catalonia (2,431) surpass the Archipelago (2,306 euros/m2).
It is not difficult to venture the reasons for this phenomenon that affects so much the natives of the Canary Islands, where renting a home has literally become impossible for people who barely earn 1,000 euros a month and have seen how, progressively, prices have skyrocketed to levels unaffordable for them, first in metropolitan areas, but, nowadays, there is practically no urban center of any relevance in the Canary Islands where what was previously paid for the entire apartment now only gives to rent one of its rooms.
It is also revealed in the data of the registrars that, at the state level, the nationalities with the greatest weight when buying homes were last summer the British (9.3%) and Germans (8.04%). In the case of the Canary Islands, Italians who flee from the tax burden of their country and prefer to take advantage of the advantages offered by the Canary Islands in this regard represent another nationality to be taken into account. The fact that Europe is involved in a war and living conditions begin to affect, given the energy crisis and the harsh winter that is coming, it is possible to consider the hypothesis that the Archipelago, a place of safe refuge, is already being a residential alternative for wealthy European sectors.
Foreigners already buy one in three houses sold in the Canary Islands.
The purchase of homes by foreign citizens in the Canary Islands rose above 33% of the total last summer, a fact that acquires particular relevance in the midst of the debate on the demographic challenge that the Islands have been forced to face, given the estimates of the National Institute of Statistics, which warn that, if everything continues as before, the resident population in the Archipelago will exceed 2.6 million in just three decades, explains Diario de Avisos.
Any specialist confirms this fact as an unsustainable burden for a fragmented, distant and dispersed territory like this. Regarding the data collected by state registrars, it should be noted that, although the presence of foreigners when buying houses in Spain is a constant throughout the country, it is the Canary Islands where this phenomenon acquires greater intensity today.
Not in vain, during the summer 1,467 new properties were sold in the Islands, 16.7% more, and 6,397 second-hand, 3.4% more, which means that the sale of homes grew by 5.6% in these parts during that quarter compared to the same period of 2021.
Foreign buyers were the main protagonists, since one in three houses that changed ownership in the Islands went into their hands, 33.7%, which is proportionally the highest percentage in the country, followed by the Balearic Islands (31.46%) and Valencia (28.34%).
In addition, the statistics that concern us include another significant fact, given that, despite the fact that the Canary Islands is one of the territories with the highest levels of poverty in all of Spain, and being the islanders who invariably appear among those who receive on average the lowest salaries in the country, it turns out that in the price of used housing (which as explained already accounts for by far the bulk in the sale of residences) the Islands yes they are among the communities where more is paid for them, to such an extent that only Madrid (3,229 euros per square meter; Balearic Islands (3,082); The Basque Country (2,891), and Catalonia (2,431) surpass the Archipelago (2,306 euros/m2).
It is not difficult to venture the reasons for this phenomenon that affects so much the natives of the Canary Islands, where renting a home has literally become impossible for people who barely earn 1,000 euros a month and have seen how, progressively, prices have skyrocketed to levels unaffordable for them, first in metropolitan areas, but, nowadays, there is practically no urban center of any relevance in the Canary Islands where what was previously paid for the entire apartment now only gives to rent one of its rooms.
It is also revealed in the data of the registrars that, at the state level, the nationalities with the greatest weight when buying homes were last summer the British (9.3%) and Germans (8.04%). In the case of the Canary Islands, Italians who flee from the tax burden of their country and prefer to take advantage of the advantages offered by the Canary Islands in this regard represent another nationality to be taken into account. The fact that Europe is involved in a war and living conditions begin to affect, given the energy crisis and the harsh winter that is coming, it is possible to consider the hypothesis that the Archipelago, a place of safe refuge, is already being a residential alternative for wealthy European sectors.