Housing rental prices soar!

[TamaraEnLaPlaya]

Noticias:

Rent soars 35.8% in La Oliva last year.

Home rental prices in the Canary Islands are at their highest since data is published

 
Housing is becoming one of the biggest problems of the archipelago, which is even more complicated if possible in tourist municipalities of the islands, in this sense where it is getting more complicated is in leave and Arona, in Tenerife, with increases of 44 and 40%, respectively, and La Oliva, in Fuerteventura, with 35.8%.

 

These are the data published this Thursday idealista.com, based on its monitoring of the housing rental market on the islands. Both in the whole of the Archipelago and its two provinces, prices are at their highest since this reference portal in the real estate sector collects data.

 

According to them, at the moment the rent of a home is paid in the Canary Islands at an average of 11.80 euros per month per square meter, after revaluing 14.2% in the province of Santa Cruz de Tenerife and 13.5% in Las Palmas.

 

Prices at maximums

 

In the eastern province, the price grew in Las Palmas de Gran Canaria by 8.7%, to 10.9 euros / m2 per month. The highest increase in the province of Las Palmas in the last twelve months has occurred in La Oliva (Fuerteventura), with 35.8%, followed by Arrecife (Lanzarote), with 30.8%, and Puerto del Rosario, in Fuerteventura, with 20.6%.

 

In the western province, the price has grown by 8.6% in the city of Santa Cruz de Tenerife during the last year to 9.8 euros / m2. The most pronounced rise in the province has occurred in Adeje (44.1%) and Arona (40.1%), in both cases in Tenerife.

 
On the contrary, the only market of those analyzed in which rents fell was La Laguna, in Tenerife, with -4.3%.

[Joy Division]

That’s good news at least. Will hopefully keep out any more unwanted persons looking for cheap rents. What the Canary Islands needs is any more unwanted persons along with their dogs crapping on the beaches.

[GMT]

What the Canary Islands needs is any more Italians along with their dogs crapping on the beaches.

Probably you meant "Canary Islands don't need more Italians...". It is evident that you like generalising and dislike Italians en masse. You even have a person thanking you so you are not the only one.

[Joy Division]

Just an observation but unfortunately also a fact. An influx of young, grubby Italians actively encouraged to move to the Canary Islands, especially Fuerteventura for a life in the Sun and cheap rental accommodation. I’ve seen it first hand in El Cotillo and Lajares and it changes the demographic and not for the better. Most of them will usually have 2 or more dogs and let them sh*t on the beaches without a care or any intention of picking it up. They literally don’t give a sh*t. They congregate in large numbers, are loud, obnoxious and oblivious to other people around them. You certainly wouldn’t want them as your neighbour or maybe you wouldn’t mind. I don’t have anything against Italians per se but there’s not a lot to like about the majority I’ve seen in Fuerteventura. These type of Italians are attracted by cheap rental accommodation & a ‘free’ life so my point was perhaps increasing rents will deter more of them coming to the Canary Islands which in my opinion, and another person on this Forum, would be a good thing. 

[GMT]

, and another person on this Forum, --- two now

OK, noted. No problem.

[Joy Division]

Make that 3 now. Having lived in El Cotillo for many years I believe I have first hand evidence to back up what I have said and I am without a doubt that cheap low quality rental property on parts of the island encourage the wrong sort of people. This undoubtedly influences the demographic negatively.