The real estate market in the Canary Islands—and particularly in Lanzarote—is poised for an exciting year in 2025. At KPG New Homes, our expertise in new developments puts us at the forefront of this growing market, making us your ideal partner for securing a high-value property investment. Let’s take a look at the latest trends driving this growth.
Significant Price Growth and Expanding International Interest
In the past year, property prices in Lanzarote have increased by approximately 8%, demonstrating the island’s rising desirability among buyers seeking premium real estate. This appreciation signals a lucrative opportunity for investors, especially those interested in new build properties, which are increasingly in demand for their modern designs and energy-efficient features.
The buyer demographic is diversifying, with significant interest from French and Belgian buyers now making up over 8% of the market. British buyers continue to dominate, representing 34% of inquiries, followed by Irish buyers at 14.7%. Additionally, an uptick in tourism—a 16% increase in the last quarter compared to the same period in 2023—further boosts the demand for new developments in strategic areas.
Expansion of Luxury New Builds and Developments
Lanzarote is experiencing a notable rise in luxury construction projects, including exclusive new builds, high-end villas, and gated communities. This trend underscores the island’s growing status as a prime location for modern and sustainable real estate investments. Developers are meeting the demand by focusing on high-quality builds that offer a blend of comfort, innovation, and exceptional design—the key features that define KPG New Homes properties.
The Property Market in the Canary Islands: 2025 Outlook
The overall property market in the Canary Islands is expected to thrive in 2025, with a projected 8.2% increase in property sales and a 12% rise in prices. This growth is particularly notable for new builds, as buyers increasingly seek properties that meet the highest standards of quality and sustainability.
Key Factors Driving Growth:
- Improved mortgage accessibility: Lower interest rates make financing new builds more attractive.
- Strong foreign demand: Coastal regions and emerging areas are particularly sought after.
- Limited supply of high-quality homes: New builds are perfectly positioned to fill this gap.
- Why Choose the Canary Islands for Your New Home?
The Canary Islands remain a top destination for property buyers, both local and international. Here’s why:
- Tourism opportunities: The islands welcome visitors year-round, making short-term rentals a profitable venture.
- Rising property values and rental income: New builds, with their modern features, command premium rents and strong resale potential.
- Exceptional lifestyle: With stunning landscapes, mild year-round weather, and a laid-back coastal lifestyle, the islands offer a unique living experience.
Find Your Dream New Build Property with KPG New Homes
At KPG New Homes, we specialize in new developments that combine contemporary design, comfort, and innovation. Whether you’re looking for a family home, a vacation retreat, or an investment property, our team has the expertise to guide you through Lanzarote’s dynamic real estate market.
Explore our exclusive selection of new builds and discover the possibilities awaiting you: https://kpgnewhomes.com. Let’s make your dream home a reality.