We analyzed the price of housing in La Oliva, Corralejo, Tuineje, Pájara and Puerto del Rosario to see how much a house costs in Fuerteventura in 2024.
According to the General Council of Notaries, the number of real estate sales and purchases fell by 16.8% in the Canary Islands in 2023. Despite this, the price of housing in the islands has not stopped growing, reaching record figures that we did not see even during the years of the real estate boom.
But how far have these increases gone? How much does a house in Fuerteventura cost in 2024?
Fuerteventura housing prices in 2024
To find out the price of housing in Fuerteventura in 2024, we have looked at the sale prices advertised by Idealista. It should be taken into account that these prices are those established by owners and real estate companies as initial starting priceThese values do not usually coincide with the price at which the properties are finally sold, since, if the property does not receive offers from interested buyers, the final sale price decreases.
In any case, this is interesting information to study the variation of property prices.
| Location | Price m2 January 2024 | Price m2 January 2023 | Upload |
|---|---|---|---|
| The olive | 2.049 | 1.894 | 8% |
| Corralejo | 3.035 | 2.683 | 13% |
| Tuineje | 1.804 | 1.608 | 12% |
| Pájara | 2.320 | 2.068 | 12% |
| Las Palmas | 2.321 | 2.080 | 12% |
| Puerto del Rosario | 1.483 | 1.284 | 15% |
For more information about the real estate market in Fuerteventura, you can download our real estate report. In it you will find, in addition to data on the evolution of sales prices and number of transactions, information on the type of buyer who purchases homes on the island, financing needs, available accommodation, etc.
Taking into account that the price of housing in the province of Las Palmas costs 2,321 euros, let’s analyze what a house in Fuerteventura will cost in 2024 in each of the municipalities in which Destiny Home has the greatest impact.
Housing prices in La Oliva in 2024
How much does a house in La Oliva cost in 2024? According to the portal Idealista, the price of housing in La Oliva in 2024 is at 2049 euros, 8% more than in the same period last year. This means that an average house of 85m2 would reach the price of 174,165 euros in La Oliva.
Although La Oliva is the municipality that has increased in price the least in this last year, according to our analysis carried out in our article Real estate investment in Fuerteventura: Municipalities by profitability, it is the one that has seen the most increase in the price of its homes since 2019, specifically, by 29%.
Price of housing in Corralejo in 2024
How much does a house in Corralejo cost in 2024? According to Idealista, the price of housing in Corralejo during the first month of 2024 was 3,035 euros, the highest price of the municipalities analyzed. This means that an average 85m2 home would be priced at 257,975 euros.
If we compare the price of housing during the first month of 2023 and the first month of 2024, we can conclude that housing in this municipality has appreciated by 13% in the last year.
Corralejo is an ideal tourist area for those looking to live near the sea. In addition, this municipality offers a wide range of tourist attractions, restaurants, bars and homes with excellent ocean views. All this together with its proximity to the Natural Park of Corralejo Dunes (7 minutes by car), make Corralejo one of the best areas to live in Fuerteventura.
Tuineje housing prices in 2024
How much does housing cost in Tuineje in 2024? According to the portal Idealista, in 2024 a house in Tuineje will cost on average 1,804 euros per m2, which means that a property of 85m2 would reach the price of 153,340 euros.
Bearing in mind that housing only one year ago cost 1,608 euros per m2, we can affirm that this municipality has experienced a price increase of 12%.
Housing prices in Pájara in 2024
How much does housing cost in Pájara in 2024? According to data published by Idealista, in 2024 housing in Pájara will cost 2,320 euros per m2 on average, which implies that a house of 85m2 will cost about 197,200 euros, experiencing an increase of 12% over the previous year.
Pájara is, along with La Oliva, one of the most popular municipalities of Fuerteventura. Its countless leisure plans, nature in its purest form, first class restaurants and apartments for all tastes and budgets, makes Pájara one of the best areas both to live and to spend the summer in Fuerteventura.
Housing prices in Puerto del Rosario in 2024
How much does housing cost in Puerto del Rosario in 2024? Housing in Puerto del Rosario costs 1,483 euros per m2 in 2024, which is one of the most economical areas of Fuerteventura. Even so, it is one of the regions that has seen its real estate prices increase the most, specifically by 15% in the last year.
Puerto del Rosario, the capital, has undergone a remarkable transformation. Today it is a modern and cosmopolitan city, with high quality schools, a wide cultural offer and fluid communications. Living in the capital offers convenient living for both families and those looking to live close to major amenities.
*We remind you that to complete the information on the real estate market in Fuerteventura you have at your disposal our report of prices on the island.
