Can foreigners buy property in Canary Islands?

Yes. There are no restrictions on buying property in Spain , whether it's commercial, residential or land. In fact, Spain encourages investment by foreigners, both resident and non-resident. You will require a financial number which can acquire by visiting a police station with your passport.

How do I buy a property in Canary Islands?

The process of buying a property in Spain usually runs as follows. First, the buyer makes an offer, usually through the seller's real estate agent. If this is accepted, then the buyer and seller sign a preliminary contract (contrato privado de compravento) and the buyer pays a deposit, typically 10% of the purchase price. Then the agent helps to organise property check and if there're no burdens or restrictions, a final sales contract is prepared.

Do I need a Spanish bank account to buy a property in Spain?

Yes. You will want a bank account in Spain once you have bought your Spanish property. This will enable you to set up direct debits and standing orders to pay for your utilities and bills .

Can I get a mortgage in Spain?

Yes. Although to get a mortgage in Spain you need NIE (Número de Identificación de Extranjeros). If you're in Spain, you can start the NIE application process at any local police station. Outside of Spain, the best way to apply for an NIE is to contact your local Spanish consulate.

What is a Spanish residence permit?

A long-term residence permit allows you to stay in Spain indefinitely, working or otherwise, under the same conditions as Spanish citizens. You can apply for Spanish nationality after 10 years of residence in Spain.

How do I get a residence permit in Spain?

Dedending on type (for students, for investors, etc.) you can obtain Spanish residence permit at Foreigner’s Office in Spain or at Spanish Consulate in your country of residence.

How long does it take to get residency in Spain?

The terms are based on the type of the residence (for students, for investors, etc.). Some of them can be obtained in less than one month.

Can I get residency in Spain if I buy property?

Yes. If you buy property in Spain you can get a Spanish residency permit, which allows you to live in Europe. The only challenge is the paperwork, and you must invest at least 500,000€.

How can I get permanent residency in Spain?

You can get permanent residency in Spain after 5 years of legal residence.

How long does it take to become a citizen in Spain?

The standard criteria for citizenship in Spain is 10 years of legal residence. There are reduced terms (1, 2 or 5 years) for residency based on naturalization, origin, option, etc.

Property for Sale in Canary Islands, Buy Real Estate from 75,000€

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Prestigious apartments in a new residential complex on the first line from the ocean in Playa San Juan, Tenerife, Spain for From 865,000 €

Prestigious apartments in a new residential complex on the first line from the ocean in Playa San Juan, Tenerife, Spain

From 865,000 €

From £746,000

Completion in: 2025.IIITotal of 160 apartments

Residential complex

Three-storey villa with a pool, an orchard and a beautiful sea view in Roque del Conde, Tenerife, Spain for 2,190,000 €

With swimming pool

Three-storey villa with a pool, an orchard and a beautiful sea view in Roque del Conde, Tenerife, Spain

2,190,000 €

£1,889,000

Total area 507 m²Land area: 1,627 m²6 bedrooms7 bathrooms

Exceptional villa with a pool and a lush garden in Abama, Tenerife, Spain for 3,500,000 €

With swimming pool

Exceptional villa with a pool and a lush garden in Abama, Tenerife, Spain

3,500,000 €

£3,020,000

Total area 629 m²5 bedrooms5 bathrooms

Furnished apartment with panoramic ocean views, El Duque, Tenerife, Spain for 550,000 €

With balcony/terrace

Furnished apartment with panoramic ocean views, El Duque, Tenerife, Spain

550,000 €

£475,000

Total area 109 m²1 bedroom1 bathroom

2 months ago

Two-storey villa with a pool, a garden and beautiful views in Icod de los Vinos, Tenerife, Spain for 990,000 €

With swimming pool

Two-storey villa with a pool, a garden and beautiful views in Icod de los Vinos, Tenerife, Spain

990,000 €

£854,000

Total area 380 m²Land area: 1,801 m²5 bedrooms2 bathrooms

Duplex furnished apartment with sea views in Playa de las Americas, Tenerife, Spain for 695,000 €

Duplex furnished apartment with sea views in Playa de las Americas, Tenerife, Spain

695,000 €

£600,000

Total area 140 m²4 bedrooms2 bathrooms

Discounted properties upon request

Send us an enquiry, we will find advantageous offers for you

Send a discount enquiry

Ksenia Kolesnikova,

Client manager

We find off-market properties
We organise viewings
We assist in obtaining a mortgage

Two-storey townhouse with a swimming pool and beautiful views in Madroñal, Tenerife, Spain for 750,000 €

Sea view

Two-storey townhouse with a swimming pool and beautiful views in Madroñal, Tenerife, Spain

750,000 €

£647,000

Total area 169 m²4 bedrooms3 bathrooms

Stylish villa with a pool, a garden, a garage, sea and lake views in Guia de Isora, Tenerife, Spain for 1,995,000 €

With swimming pool

Stylish villa with a pool, a garden, a garage, sea and lake views in Guia de Isora, Tenerife, Spain

1,995,000 €

£1,721,000

Total area 205 m²3 bedrooms4 bathrooms

Three-bedroom new apartment in a prestigious complex near the sea, Playa San Juan, Tenerife, Spain for 1,325,000 €

With balcony/terrace

Three-bedroom new apartment in a prestigious complex near the sea, Playa San Juan, Tenerife, Spain

1,325,000 €

£1,143,000

Total area 167 m²3 bedrooms3 bathrooms

Luxury apartment in an exclusive complex near El Duque beach, Tenerife, Spain for 774,000 €

With balcony/terrace

Luxury apartment in an exclusive complex near El Duque beach, Tenerife, Spain

774,000 €

£668,000

Total area 188 m²2 bedrooms2 bathrooms

2 months ago

How to get an RP in Spain?

Buy real estate worth at least 500,000 euros

One or more properties with a total value of 500,000 €. Residential and commercial real estate is suitable.
View properties
Applicant requirements

Applicant must be over 18 years old. Must confirm funding sources. Have no convictions in the last five years.
Learn more about requirements
RP benefits

Processing within 2–3 months. Visa-free Schengen countries. No permanent residence requirement. RP for the entire family. Right to work.
Learn more about benefits

Get advice

Three-storey villa with a swimming pool, a lush garden and beautiful views in Costa Adeje, Spain for 5,200,000 €

With swimming pool

Three-storey villa with a swimming pool, a lush garden and beautiful views in Costa Adeje, Spain

5,200,000 €

£4,486,000

Total area 320 m²Land area: 538 m²4 bedrooms4 bathrooms

Turnkey two-bedroom apartment next to the golf course, Abama, Tenerife, Spain for 1,300,000 €

With balcony/terrace

Turnkey two-bedroom apartment next to the golf course, Abama, Tenerife, Spain

1,300,000 €

£1,122,000

Total area 138 m²2 bedrooms2 bathrooms

New two-bedroom apartment in a first-class complex on the first line from the beach, Playa San Juan, Tenerife, Spain for 1,715,000 €

With balcony/terrace

New two-bedroom apartment in a first-class complex on the first line from the beach, Playa San Juan, Tenerife, Spain

1,715,000 €

£1,480,000

Total area 141 m²2 bedrooms2 bathrooms

Five-room luxury apartment in a new complex on the seafront, Playa San Juan, Tenerife, Spain for 1,100,000 €

With balcony/terrace

Five-room luxury apartment in a new complex on the seafront, Playa San Juan, Tenerife, Spain

1,100,000 €

£949,000

Total area 195 m²4 bedrooms3 bathrooms

Furnished four-level townhouse in Costa Adeje, Tenerife, Spain for 810,000 €

Sea view

Furnished four-level townhouse in Costa Adeje, Tenerife, Spain

810,000 €

£699,000

Total area 244 m²3 bedrooms3 bathrooms

Furnished villa with a pool and panoramic sea views in Acantilado de los Gigantes, Tenerife, Spain for 1,350,000 €

With swimming pool

Furnished villa with a pool and panoramic sea views in Acantilado de los Gigantes, Tenerife, Spain

1,350,000 €

£1,165,000

Total area 196 m²3 bedrooms2 bathrooms

Furnished three-level villa with a pool, a garden and a sea view in El Madroñal, Tenerife, Spain for 2,500,000 €

With swimming pool

Furnished three-level villa with a pool, a garden and a sea view in El Madroñal, Tenerife, Spain

2,500,000 €

£2,157,000

Total area 239 m²4 bedrooms4 bathrooms

Exquisite designer villa with a pool, a garden and a garage in La Caleta, Tenerife, Spain for 4,500,000 €

With swimming pool

Exquisite designer villa with a pool, a garden and a garage in La Caleta, Tenerife, Spain

4,500,000 €

£3,882,000

Total area 554 m²Land area: 860 m²6 bedrooms7 bathrooms

Modern premium villa with a pool and ocean views in Roque del Conde, Tenerife, Spain for 2,650,000 €

With swimming pool

Modern premium villa with a pool and ocean views in Roque del Conde, Tenerife, Spain

2,650,000 €

£2,286,000

Total area 364 m²4 bedrooms4 bathrooms

1 month ago

Three-level townhouse in a prestigious complex, Golf del Sur, Tenerife, Spain for 750,000 €

Three-level townhouse in a prestigious complex, Golf del Sur, Tenerife, Spain

750,000 €

£647,000

Total area 199 m²4 bedrooms4 bathrooms

Two houses with a pool and a garden near the ocean in El Medano, Tenerife, Spain for 1,600,000 €

With swimming pool

Two houses with a pool and a garden near the ocean in El Medano, Tenerife, Spain

1,600,000 €

£1,380,000

Total area 756 m²15 bedrooms11 bathrooms

Luxurious villa with a swimming pool, a gym and beautiful views in Adeje, Tenerife, Spain for 3,700,000 €

With swimming pool

Luxurious villa with a swimming pool, a gym and beautiful views in Adeje, Tenerife, Spain

3,700,000 €

£3,192,000

Total area 515 m²Land area: 720 m²5 bedrooms6 bathrooms

Furnished modern villa with a garage in El Médano, Tenerife, Spain for 495,000 €

Furnished modern villa with a garage in El Médano, Tenerife, Spain

495,000 €

£427,000

Total area 119 m²Land area: 250 m²3 bedrooms2 bathrooms

4 weeks ago

Three-storey villa with a swimming pool and a garage in Puerto de la Cruz, Tenerife, Spain for 2,050,000 €

With swimming pool

Three-storey villa with a swimming pool and a garage in Puerto de la Cruz, Tenerife, Spain

2,050,000 €

£1,769,000

Total area 820 m²Land area: 550 m²7 bedrooms6 bathrooms

1 month ago

Bright furnished villa with a pool in Costa Adeje, Tenerife, Spain for 699,000 €

With swimming pool

Bright furnished villa with a pool in Costa Adeje, Tenerife, Spain

699,000 €

£603,000

Total area 100 m²2 bedrooms2 bathrooms

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First and foremost Tranio is a very motivated team of professionals who surely know their job! We are very pleased with their well-coordinated work, timeliness of responses to the questions posed, and willingness to act in case of unusual situations.
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Coldwell Banker
It is with much enthusiasm that I personally recommend Tranio for a professional business collaboration in the ﬁeld of real estate, marketing, acquisition, and ﬁnance. The fundamentals of our business relationship with Tranio were set in 2016. Mundial AG has received the company’s great reputation throughout a number of international business pai’tners and stockholders. Tranio has helped our company to expand its horizons to the global market and has established benchmarks that would extend Mundial AG’s networks. The company has exceptional connections to potential investors and has a proﬁcient team that is capable of forming compound ﬁnancial models that attract ﬁnanciers. The cooperation with Tranio is based on professionalism, effectiveness, and Hypovﬂemsbank scrupulousness. Our experiences with Tranio are encouraging and progressive, which makes them one of our preeminent business paitners.
Original letter

Z. Farkas, Mundial AG
We are glad to have a partnership with Tranio! It offers a vast online property base and the best services.

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Property for sale in Canary Islands