Top 5 This Week

Related Posts

Maximizing Opportunities: Fuerteventura’s Business Landscape Uncovered

Revolutionizing Renewable Energy: Fuerteventura’s Bright Future
Harnessing sustainable solutions is pivotal for economic growth and environmental resilience.

Fuerteventura is positioning itself as a leader in renewable energy, thanks to a strategic push towards sustainable solutions that promise to transform the local economy. The island is investing in wind and solar energy, which not only reduces its reliance on fossil fuels but also supports job creation in emerging sectors. These initiatives signal a collective commitment to combat climate change while fostering a vibrant, green economy.

Recent projects indicate that Fuerteventura isn’t just following global trends; it’s setting them. With an ambitious goal to become 100% energy self-sufficient, the island’s initiatives are attracting attention from both investors and environmental advocates. The winds that whip across the island and its plentiful sunshine present an ideal opportunity to cultivate energy independence, harnessing natural resources to power local industries and homes alike.

The impact of this renewable revolution transcends environmental benefits; it also opens the door for innovation and entrepreneurship. Startups focused on energy solutions and sustainability are gaining traction, bolstered by supportive policies that encourage investment in clean technologies. Fuerteventura showcases how strategic resources and forward-thinking can lead to not just an eco-friendly framework, but also a robust, diversified economy.

Source: Gobierno de Canarias

Italian citizens have closed the year 2025 with their best home buying and selling data in the State since records have been kept. According to data from the General Council of Notaries, Italians acquired 8,948 properties over the course of last year, which represents an increase of 6.3% compared to 2024 and exceeds the previous maximum, recorded in 2022, when they bought 8,365 homes. This figure places Italians as the main foreign buyers residing in the Community of Madrid, Catalonia and the Canary Islands, and as second in the Balearic Islands. Of these operations, the vast majority were carried out by Italians residing in the State. This group has shown a growing interest in the state real estate market, especially in the areas of Madrid, Catalonia, the Canary Islands and the Balearic Islands, where they have concentrated the largest volume of purchases. The momentum of Italians contrasts with the decline of other traditional nationalities such as the British (which fell by 8.5%), the Germans (-2.6%), the French (-2.7%) or the Belgians (-11.4%). This decline has been offset by the push from citizens of countries such as Morocco (2.8%), Italy (6.3%), the Netherlands (12.2%) and citizens from outside the EU, who reached a sales record in 2025. Italian residents paid an average price of 2,549 euros per square meter for their houses, a figure higher than the average for foreigners residing in the State (1,963 euros) and only surpassed by Swedes. (3,293 euros), Americans (2,951 euros) and citizens of other European Union countries (2,695 euros). This high price reflects their preference for central and well-rated locations, such as Barcelona or Madrid, where prices exceed 5,000 euros per square meter. A growing weight in the state real estate market In 2025, Italian citizens will become the main foreign buyers residing in Madrid, Catalonia and the Canary Islands. In the Canary Islands, they concentrated around 25% of all purchases made by foreigners, with more than 2,000 operations. This figure reflects the predilection of Italians for the Canary archipelago, where the climate and quality of life are key factors. Data from the first half of 2025 already indicated that Italians residing in the Canary Islands represented 22.5% of the purchase operations carried out by foreigners residing in the islands. In Catalonia, Italians acquired almost 2,700 homes, a figure that represents 12% of the purchases made by foreigners in this territory. In Madrid, transactions exceeded 1,250 and accounted for 13% of the total sales made by foreigners in the region. In the State as a whole, purchases by foreigners represented 18.8% of the total of the 734,792 operations registered in 2025, with residents in the country assuming 61.8% of these purchases. Italians have established themselves as one of the most active foreign groups in the state real estate market, and in 2025 they were the seventh nationality with the most operations, representing 4.76% of the total foreign purchases. Although the British continue to lead purchases (8.57%), followed by the Germans (6.67%) and the Dutch (5.91%), the trend shows sustained growth for Italians year after year. Preferred destinations for Italians Demand data for the first quarter of 2026, prepared by Idealista, confirm that Italians’ interest in housing in the State continues. Barcelona, ​​Madrid and Valencia are the three main purchase search destinations. In Barcelona, ​​the average price of housing is 5,243 euros per square meter, while in Madrid it reaches 5,984 euros. València, with a price of 3,378 euros per square meter, offers a more affordable alternative for Italian buyers. According to these destinations, there is a strong demand for homes in Canarian towns, with a wide list of municipalities in Tenerife, such as Arona (3,814 euros/m²) or Adeje (4,607 euros/m²); in Gran Canaria, such as the capital and San Bartolomé de Tirajana (4,734 euros/m²), the tourist center of the island; and also in Fuerteventura, with a special preference for La Oliva (3,531 euros/m²) and Antigua (2,969 euros/m²). This geographical diversification reflects the search for options that combine quality of life, climate and profitability of investment. Beyond the islands and large capitals, Italians also show interest in cities such as Alicante (2,571 euros/m²), Malaga (3,755 euros/m²) and Seville (2,825 euros/m²), as well as Palma (5,167 euros/m²), Ibiza (7,077 euros/m²) and Marbella (5,581 euros/m²). This geographical dispersion indicates that Italian buyers are looking for both large cities for their habitual residence and tourist destinations for second homes or investments. Two differentiated profiles Italian purchases in the State are divided into two large groups: residents and non-residents. While residents make the majority of purchases (86.5%), non-residents also have a significant weight in areas such as the Mediterranean coast and the islands, where they look for second homes or tourist investments. Among non-residents, Italians represent 11.6% of purchases in the Canary Islands, the second most important nationality after Germans. The profile of the resident Italian buyer has grown significantly in recent years, looking for housing to establish themselves in the State. This group is especially active in urban areas such as Madrid and Barcelona, ​​where job opportunities and services are concentrated. Non-residents, on the other hand, opt for tourist destinations or cities with rental income, such as the Canary Islands or the coast of Malaga, and have gained weight driven by the tourist recovery and the attractiveness of real estate investment. Italians who buy in Spain are characterized by a high purchasing power, as demonstrated by the average price they pay per square meter (2,549 euros), only surpassed by Swedes, Americans and other EU citizens. This profile of a wealthy buyer, added to sustained demand, contributes to maintaining upward pressure on housing prices in the most sought-after areas.

Originally reported by www.elnacional.cat, rewritten by the Fuerteventura Times AI Editorial Desk.

Read full report on www.elnacional.cat

Popular Articles