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Thursday, 9 June 2011

Canary Islands property market is flourishing on the back of high tourism


The Canary Islands property market is flourishing on the back of high tourism figures. The Canary Islands is an established tourism destination, which means it has a solid infrastructure, and all the mod-cons, luxuries and amenities necessary for a wicked holiday. It also has a perfect climate; warm all year, but never scorching and has many good golf-courses. As a result, Canary Islands property is often marketed as the only place you can guarantee a sunny game of golf on Christmas day. They are the commodities that give the Canary Islands property market so much vitality and continued growth.

The Canary Islands property market’s established status, with a reputation for sustained growth presents a safe investment location.

Investment Property in the Canary Islands:

Canary Islands investment property is favoured by people looking for a holiday home/investment property. Because of its established market, people looking at making a property investment in the Canary Islands should know prices are not as low as emerging markets, but rental yields on Canary Islands property will always be above the 6% mark, capital appreciation around the established market average (8-10%) or just a little above.

Canary Islands property will continue to be a popular choice with investors as long as the Canary Islands continue to attract ten million tourists per year.

If you want to buy property in Canary Islands contact info@goldacre-estates.com, call 0034-928535044, or browse options at www.goldacre-estates.com.

Source: DSR

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