Canary Islands Holiday Rentals

Tourist demand for holiday rentals in the Canary Islands has increased by 14% in January 2012 compared to the previous year according to holiday letting companies.
The Canary Islands including Fuerteventura are attracting more independant holiday makers as they look for more reliable warm weather especially during the winter months.

More traditional destinations such as Menorca and Ibiza in the Baleric Islands meanwhile, would benefit from new investment in holiday homes to help improve the level of available rental accommodation. Recent cold weather accross mainland Europe has also affected future visitor numbers as footage of snow falling on the beaches persuaded many to look to the Canaries instead.

In both areas, house prices have held up better than those on the mainland as owners find they have a higher return on their holiday home investments.

Recently published figures by Tinsa show for the same year period house prices accross these two regions fell by 3.1% compared to the mainland 6.6%. This no doubt is also due to the 20-30% increase in tourist numbers in some of the Canary Islands like Fuerteventura compared to a rise across the whole of Spain of 7%.