{"id":9348,"date":"2025-12-16T13:35:41","date_gmt":"2025-12-16T12:35:41","guid":{"rendered":"https:\/\/blog.destinyhome.es\/investing-in-the-canary-islands-vs-investing-in-the-balearic-islands-which-destination-to-choose\/"},"modified":"2025-12-16T13:54:04","modified_gmt":"2025-12-16T12:54:04","slug":"investing-in-the-canary-islands-vs-investing-in-the-balearic-islands-which-destination-to-choose","status":"publish","type":"post","link":"https:\/\/blog.destinyhome.es\/en\/investing-in-the-canary-islands-vs-investing-in-the-balearic-islands-which-destination-to-choose\/","title":{"rendered":"Investing in the Canary Islands VS Investing in the Balearic Islands: which destination to choose?"},"content":{"rendered":"\n
\n \n Quick answer: Which archipelago offers higher profitability, the Canary Islands or the Balearic Islands?\n <\/strong>\n Investing in property in the Canary Islands is today one of the most profitable and secure options in Spain. Unlike the Balearic Islands, the price per square meter is much lower, which makes it possible to obtain higher profitability with less investment. In addition, the archipelago has exclusive tax advantages, such as an IGIC of 7% and a reduced ITP, together with a stable tourist demand all year round, a solid revaluation of the market and a great potential for holiday rentals. \n<\/div>\n\n\n\n

Investing in property in Spain continues to be a safe and profitable option, but not all locations offer the same opportunities. Two of the most attractive destinations are the Canary Islands and the Balearic Islands<\/strong>, both with great tourist and investment projection. However, there are clear differences between them that can directly influence the profitability we can obtain. <\/p>\n\n\n\n

When looking for an investment property, which archipelago to choose?<\/strong><\/p>\n\n\n\n

Below, we analyze the main factors to be taken into account: price, revaluation, taxation and tourist demand.<\/strong><\/p>\n\n\n\n

Lower housing prices<\/h2>\n\n\n\n

One of the great advantages of investing in the Canary Islands is the much more affordable cost per square meter<\/strong> compared to the Balearic Islands. This allows entering the market with a lower initial investment and, therefore, a greater potential for profitability<\/a>.<\/p>\n\n\n\n

Period<\/th>Canary Islands housing price (\u20ac \/ m\u00b2)<\/th>Balearic Islands house price (\u20ac \/ m\u00b2)<\/th><\/tr><\/thead>
2nd quarter 2025<\/td>1.996,8<\/td>3.518,2<\/td><\/tr>
2nd quarter 2024<\/td>1.811,8<\/td>3.108,7<\/td><\/tr>
2nd quarter 2023<\/td>1.698,7<\/td>2.869,9<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Table based on data published by ISTAC<\/a> (Canary Islands Institute of Statistics).<\/em><\/p>\n\n\n\n

While the average price in the Balearic Islands exceeds 3,500 \u20ac\/m\u00b2<\/strong>, in the Canary Islands it remains below 2,000 \u20ac\/m\u00b2<\/strong>, which represents a difference of almost 80%. This makes the Canary Islands, especially Fuerteventura or Gran Canaria, ideal destinations for those looking to invest with a lower initial outlay. <\/p>\n\n\n

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\"realestate-report-fUERTEVENTURA\"<\/a><\/figure>\n<\/div>\n\n\n

Higher level of revaluation<\/h2>\n\n\n\n

The real estate market in the Canary Islands continues to show a positive evolution, driven by economic stability, tourist demand and the growing interest of international buyers<\/a>. According to data published by ISTAC, between 2023 and 2025 the average price of housing in the archipelago has risen from 1,698.7 to 1,996.8 euros per square meter, which represents a 17.6% increase in value in just two years<\/strong>.<\/p>\n\n\n\n

Within the Canarian real estate market, Fuerteventura is probably the most profitable island <\/strong>to invest in housing. In it, we find municipalities such as Tuineje that have achieved a revaluation of more than 17% in the last 12 months according to data published by Idealista. <\/p>\n\n\n\n

Municipality<\/th>Price October 2025 (\u20ac\/m\u00b2)<\/th>Annual change<\/th><\/tr><\/thead>
Tuineje<\/td>2.229<\/td>+17,5%<\/td><\/tr>
Puerto del Rosario<\/td>1.933<\/td>+16,1%<\/td><\/tr>
P\u00e1jara<\/td>2.783<\/td>+8,3%<\/td><\/tr>
Antigua<\/td>2.659<\/td>+6,5%<\/td><\/tr>
La Oliva<\/td>3.301<\/td>+4,3%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Table based on data published by Idealista.<\/em><\/p>\n\n\n\n

Puerto del Rosario and P\u00e1jara would also be two very interesting options to invest in the Canary Islands since the annual revaluation of housing in these municipalities reaches 16.1% and 8.3% respectively.<\/p>\n\n\n\n