Which Canary Islands municipalities are the most expensive?

The pisos.com report for September names Guía de Isora in the south of Tenerife as one of the municipalities with the strongest price increase in Spain. According to pisos.com, asking prices there rose by 115.54% over five years.

Adeje in Tenerife is also among the Spanish municipalities with increases above 50%. pisos.com puts the rise in Adeje at 67.13% over the same period.

The third Canary Islands municipality in the pisos.com ranking is San Bartolomé de Tirajana in Gran Canaria with 4,567 euros per square metre. The three Canary Islands municipalities are therefore Adeje, Guía de Isora and San Bartolomé de Tirajana.

How do the prices affect buyers?

Spain's 25 most expensive municipalities reached an average price of 6,087 euros per square metre in September, according to pisos.com. That is an increase of 54.5% compared with five years earlier.

The figures are asking prices from property listings, not registered purchase prices. The price actually agreed can differ, according to Idealista.

For an 80 square metre flat, the regional asking price would work out at around 267,920 euros. This amount does not include taxes, notary, registry or financing costs.

How are prices developing on the individual islands?

The Idealista report shows monthly, quarterly and annual changes for September 2026, but no five-year series. The Canary Islands as a whole reached 3,349 euros per square metre, an increase of 0.4% compared with August 2026 and 6.3% compared with September 2025.

The province of Las Palmas stood at 3,113 euros per square metre, an increase of 0.3% month on month and 10.4% year on year.

Mogán in Gran Canaria reached 4,612 euros per square metre, an increase of 0.9% compared with August 2026 and 10.5% compared with September 2025. San Bartolomé de Tirajana stood at 4,750 euros per square metre, an increase of 1.7% monthly and 3.7% annually.

La Oliva in Fuerteventura reached 3,697 euros per square metre, an increase of 0.5% monthly and 13.8% annually. Pájara stood at 3,494 euros per square metre, a decrease of 0.9% monthly and an increase of 27.0% annually.

Teguise in Lanzarote reached 3,523 euros per square metre, an increase of 1.3% monthly and 18.4% annually.

Why are prices rising particularly in the south of Tenerife?

The report states that the price trend is not temporary but structural. Four of Spain's 25 most expensive municipalities doubled their value in five years, according to pisos.com.

Alongside Guía de Isora, pisos.com names Andratx in Mallorca with 122.08%, Santa Maria del Camí with 107.96% and Sóller with 106.08%.

A further five municipalities exceeded the 50% value increase threshold. They include Marbella with 80.98%, Bunyola with 80.79%, Sant Lluís with 72.51%, Santa Eulària des Riu with 68.88% and Adeje with 67.13%.

What are the consequences for tenants and local residents?

pisos.com describes the price increase as a challenge for access to housing in the Canary Islands. Pressure from tourist and international demand is increasingly moving prices away from what the local population can afford.

The debate about regulating the property market on the islands is becoming more urgent in light of these figures. No concrete timetable for individual municipalities was given in the sources consulted.

Which points remain open in the ranking?

pisos.com gives 4,939 euros per square metre for Adeje, 4,657 for Guía de Isora and 4,567 for San Bartolomé de Tirajana.

The Idealista report for September 2026 shows monthly, quarterly and annual changes, but no five-year series. The claim of an increase of more than 100% in five years can therefore only be derived from the pisos.com ranking.

The methodology of the ranking, for example whether nominal asking prices or other series are used, is not explained in the sources consulted.