{"id":135,"date":"2023-04-22T17:40:25","date_gmt":"2023-04-22T15:40:25","guid":{"rendered":"http:\/\/blog.destinyhome.es\/6-facts-and-6-reasons-to-invest-in-property-in-fuerteventura\/"},"modified":"2023-05-23T07:34:03","modified_gmt":"2023-05-23T07:34:03","slug":"6-facts-and-6-reasons-to-invest-in-property-in-fuerteventura","status":"publish","type":"post","link":"https:\/\/blog.destinyhome.es\/en\/6-facts-and-6-reasons-to-invest-in-property-in-fuerteventura\/","title":{"rendered":"6 facts and 6 reasons to invest in property in Fuerteventura"},"content":{"rendered":"\r\n

The island of Fuerteventura has a natural attraction that makes today’s tourists become future owners. In addition to subjective factors, there are others that motivate interest in investing in real estate, such as high profitability<\/strong>, above other areas of Spain.<\/p>\r\n

We substantiate, with statistical data and emotional aspects, the factors why investing in real estate in Fuerteventura<\/strong> is a profitable decision.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n

Data justifying real estate investment in Fuerteventura<\/h2>\r\n\r\n\r\n\r\n

According to data from the National Institute of Statistics (INE) and the College of Registrars, on the trend of home buying and selling in Fuerteventura, we draw these conclusions::<\/p>\r\n

Steady increase in the number of sales and acquisitions<\/h3>\r\n\r\n\r\n\r\n

According to INE data, the number of home sales in Fuerteventura has experienced a steady increase in recent years.<\/p>\r\n\r\n\r\n\r\n

In the fourth quarter of 2022, a total of 1,397 home sales and purchases were registered in Fuerteventura, representing an increase of 9.6%<\/strong> compared to the same period of the previous year.<\/p>\r\n\r\n\r\n\r\n

The Canary Islands was the Spanish region with the highest growth in home sales and purchases in 2002, with an increase of 31.6%.<\/p>\r\n\r\n\r\n\r\n

Increase in average housing prices<\/h3>\r\n\r\n\r\n\r\n

The average price of housing in Fuerteventura has also shown an upward trend. According to the Association of Registrars, in the fourth quarter of 2022, the average price of housing in Fuerteventura was 1,452 euros per square meter, representing an increase of 7.6% <\/strong>compared to the same period of the previous year.<\/p>\r\n\r\n\r\n\r\n

Strong demand for second-hand housing<\/h3>\r\n\r\n\r\n\r\n

According to the Association of Registrars, in the fourth quarter of 2022, 82.4% of home sales and purchases<\/strong> on the island corresponded to used homes.<\/p>\r\n\r\n\r\n\r\n

This indicates that there is a high demand for second hand properties in Fuerteventura, which can be an opportunity for real estate investors.<\/p>\r\n\r\n\r\n\r\n

Increase in the sale and purchase of homes to foreigners<\/h3>\r\n\r\n\r\n\r\n

Fuerteventura is an attractive destination for foreign buyers, which has boosted the sale and purchase of homes to this market segment.<\/p>\r\n\r\n\r\n\r\n

According to the Association of Registrars, in the fourth quarter of 2022, 27.6% of home sales and purchases in Fuerteventura were made by foreign buyers<\/strong>. This demonstrates the interest of international investors in the island’s real estate market.<\/p>\r\n

Among the nationalities with the greatest investment weight in the Canary Islands, we highlight Germany (18.91%), Italy (16.54) and the United Kingdom (12.76%):<\/p>\r\n

\"compraventas-extranjeros-canarias2022\"

Compraventas de vivienda por extranjeros en Canarias en 2022. Fuente: Colegio de Registradores de la Propiedad<\/p><\/div>\r\n\r\n\r\n\r\n

Stability in the real estate market<\/h3>\r\n\r\n\r\n\r\n

Despite the economic and social challenges in recent years, the real estate market in Fuerteventura has maintained a stable trend.<\/p>\r\n\r\n\r\n\r\n

According to INE data, the sale and purchase of homes on the island has experienced a steady recovery since the financial crisis of 2008, demonstrating its resilience and stability in the long<\/strong> term.<\/p>\r\n\r\n\r\n\r\n

Vacation rental profitability<\/h3>\r\n\r\n\r\n\r\n

Fuerteventura is a popular tourist destination, which offers opportunities to generate income through vacation rentals<\/strong>. Among the nationalities with the greatest investment weight in the Canary Islands, we highlight Germany (18.91%), Italy (16.54) and the United Kingdom (12.76%):<\/p>\r\n\r\n\r\n\r\n

This indicates that vacation rentals can offer a good return for real estate investors looking to generate additional income.<\/p>\r\n\r\n\r\n\r\n

In summary, statistical data from the INE and the Association of Registrars indicate a positive trend in the real estate market.<\/p>\r\n\r\n\r\n\r\n

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Asesoramiento para propietarios de viviendas en Fuerteventura<\/a><\/p>\r\n<\/blockquote>\r\n\r\n\r\n\r\n

According to the leading company of Real Estate Personal Shoppers in Spain<\/a>,“buying a property in the Canary Islands is very profitable, not only because of the tourist rental boom, but also because of long-term rentals and foreign investment<\/em>“.<\/p>\r\n\r\n