Spanish mortgages in Canary Islands.

Mount Teide volcanic landscape, Tenerife, Canary Islands

Buying in Canary Islands

Your property in the Canary Islands, financed with clarity.

Year-round spring weather makes the Canaries (Tenerife, Gran Canaria, Lanzarote, Fuerteventura and their smaller sisters) Europe’s favourite winter-sun market, with one of the strongest holiday-rental economies in Spain.

Island properties are highly sought after, and lenders treat established markets like Canary Islands favourably. A village house, a modern apartment or a rural finca: non-resident financing of up to 60–70% of the property value is typically available, and our team can run the whole process remotely.

Wherever in the world you're based, our team compares terms across 15+ Spanish lenders, negotiates on your behalf, arranges your property valuation, and stays with you and the bank right through to completion.

Book a Free Consultation →

A local cost to know

6.5% Typical ITP on a resale home

Resale homes in Canary Islands carry a regional property transfer tax (ITP) of around 6.5% of the purchase price. New-build homes pay 10% VAT plus stamp duty instead. Treat this as a general guide: the exact rate depends on the price, your circumstances and current regional rules. We confirm the precise figure for your purchase.

Where we help in Canary Islands

Popular areas with our clients.

We arrange financing across the whole of Canary Islands, including Las Palmas / Santa Cruz de Tenerife and these popular areas:

Maspalomas Las Palmas Costa Adeje Puerto de la Cruz
60–70%

Loan-to-Value

Non-residents can typically borrow up to 60–70% of the property value, with terms up to 25 years depending on age and profile.

14-day

Bank Pre-Approval

Once your documents are submitted in full, we work with the bank to deliver a written pre-approval within 14 days. That is a strong card when negotiating in Canary Islands.

15+

Lenders Compared

We approach 15+ Spanish lenders on your behalf and present the best options for your profile. 100% independent advice.

Common questions

Mortgages in Canary Islands, answered.

Yes. Non-residents from most nationalities can secure a mortgage to buy property in Canary Islands, typically borrowing up to 60–70% of the property value with terms up to 25 years depending on age and profile. We work with 15+ Spanish lenders to find the best terms for your situation.
Plan for a deposit of 30–40% of the property value, plus roughly 10–13% for purchase costs (transfer tax, notary, land registry and legal fees). We provide a precise breakdown for your target property during your free consultation.
Yes. That is our speciality. Our multilingual team manages the entire mortgage process remotely for buyers in 10+ countries, from document preparation to liaising with the bank on your behalf, wherever you're based.
All Spanish mortgage FAQs →

Province by province

The provinces of Canary Islands.

We arrange non-resident financing in every province of Canary Islands:

Las Palmas

Maspalomas · Las Palmas · Puerto del Carmen

Covering Gran Canaria, Lanzarote and Fuerteventura, Las Palmas province offers year-round spring weather and one of Europe’s strongest holiday-rental markets.

Santa Cruz de Tenerife

Costa Adeje · Puerto de la Cruz · Los Cristianos

Tenerife, La Palma, La Gomera and El Hierro make up Spain’s most popular winter-sun destination, with Costa Adeje leading the premium resort market.

Nearby & further afield

We work across all of Spain.

Andalusia Aragon Asturias Balearic Islands Basque Country Cantabria Castile and León Castilla-La Mancha Catalonia Extremadura Galicia La Rioja Community of Madrid Region of Murcia Navarre Valencian Community All areas we cover

Ready to take the next step?

Let's finance your home in Canary Islands.

Book a free, no-obligation consultation. We’ll assess your situation and show you exactly what’s possible.

Book a Free Consultation →
Traditional fishing boats on a calm Spanish beach