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The Canary Islands are a popular holiday destination thanks to their great weather and constant proximity to the sea. But what’s living in the Canary Islands like for expats?
In this guide, we’ll cover all the important topics you need to know if you’re considering a life in the Canaries. This includes the cost of living, the best places to settle down, and some tips about buying property.
Inside the guide:-
- Are the Canary Islands a good place to live?
- Is it expensive to live in the Canary Islands?
- Are the Canary Islands dangerous?
- Living in the Canary Islands: the pros and cons
- Expats living in the Canary Islands
- Which is the best Canary Island to live on?
- Is it better to rent or buy in the Canary Islands?
- Living in the Canary Islands – summary
Are the Canary Islands a good place to live?
The Canary Islands are certainly a good place to live if you want all the benefits of living in Europe but with some isolation from the mainland. The islands have long, hot summers and short, mild winters. Also, there are eight main islands to choose from, giving you plenty of variety.
If you’ve ever been on holiday to the Canaries, you’ll be familiar with names like Tenerife, Gran Canaria, and Lanzarote. These are the most popular with tourists, but you also have the likes of La Palma, La Gomera, El Hierro and La Graciosa to choose from.
Whichever island you pick, you can be sure the weather will be great. At roughly 100km from the African coast, the Canaries boast better weather than southern Europe.
Summer temperatures won’t get much higher than 25 degrees C and the winter drops to around 16. While you won’t find the scorching highs you’d get in the Mediterranean, the Canary Islands benefit from temperatures staying in the 20s well into October.
In short, the islands are one of the few European destinations with mild weather all year round. Such a mild climate without hush extremes is considered one of the healthiest climates for us, humans to be in.
The Canary Islands are perfect for anyone wanting an outdoor lifestyle. They’re home to four national parks, two of which are UNESCO World Heritage Sites. The others are Biosphere Reserves, which should give you some idea of the quality and beauty of the local scenery.
Travelling between the islands is easy too. The Canary Islands tourism board has a website specifically for planning travelling, and it states you can get a flight from Lanzarote to La Palma (the two farthest islands) in only 80 minutes. In short, day trips between islands are never out of the question.
The Canaries aren’t really known for their cultural heritage in the same way as somewhere like mainland Spain, but this doesn’t mean they’re not without their sights. There are some lovely churches and other architectural pieces. But if that’s not your thing, the islands are of course home to hundreds of stunning beaches.
Finally, the Canary Islands are home to some great food. The Spanish influence is obvious, and seafood is a big thing here. Expect lots of fresh meat, fruit and veg at the local markets along with a range of interesting regional wines to wash it all down.
In short, living on the Canary Islands offers everything you might have experienced while on holiday there. The weather is pretty much always amazing, the food is great, and you’ll never run out of things to do, even if it’s just spending the day on the beach relaxing!
Is it expensive to live in the Canary Islands?
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It isn’t expensive to live in the Canary Islands. While you might find more tourist-centred areas to be a bit pricier, the overall cost of living is considerably lower than in the UK.
According to Numbeo, the cost of living is around 35% cheaper in the Canary Islands than in London. As you’d expect, rent is considerably cheaper; you can find a good apartment in a city centre for around £500 a month.
The same goes for buying property. The average price per square metre across the main eight islands ranges from £900 (€1,050) to £1,900 (€2,200). You’ll find renovation properties for much less than this, and more rural properties will be much cheaper too.
Importantly, food is much cheaper and is pretty much always good quality. While you can do your food shopping in the supermarket, there’s no shortage of weekly food markets for things like meat, fruit and vegetables. Food prices are around 28% cheaper than in London.
The price of utilities isn’t as low as you’d expect, although it’s still 47% cheaper than in London. You could expect to pay around £100 (€107) a month for all your basic utilities. However, the fact that you won’t have a big heating bill will definitely make up for this.
One thing that is considerably more expensive in the Canary Islands is internet. You could expect to pay £52 (€60) a month for internet, which will obviously be important for staying in contact with friends and family back home.
It’s also worth considering internet speeds in your chosen destination; more populated islands will have better internet connections than smaller, quieter ones.
Of course, there will be plenty of variation in prices across the Canary Islands. Resort islands will usually be more expensive for everything from property to food prices but are still much cheaper than in the UK. Consider looking up house prices on several islands if you’re not set on a single destination, as the range might surprise you.
Spanish residency requirements state you need €25,560 a year (€2,130 a month) for a residency visa. This will be more than enough for a comfortable life on whichever Canary Island you choose.
Are the Canary Islands dangerous?
The Canary Islands aren’t considered a dangerous destination. Due to the high number of tourists, busier areas have very robust police forces, which helps to keep crime rates low. More rural areas are very safe too, mainly because there are so few people living in them.
As with most tourist destinations, it’s fair to assume that most of the crime occurs during the busy season. If you’re concerned about the crime rate, living in a rural area will be better. However, if you’re happy to live in pretty much any British city, the Canary Islands shouldn’t be a big concern.
Living in the Canary Islands: the pros and cons
If you’ve ever been to the Canaries then you’ll already have a good idea of everything they have to offer. However, moving there permanently means weighing up both the pros and cons before making a decision.
While none of the drawbacks are major, they’re definitely worth considering before making the jump to island life. Here are the pros and cons of living on the Canary Islands.
The pros of living in the Canary Islands:
1. Plenty of beaches
Perhaps the most obvious advantage of living on an island is the sheer number of beaches. You’re never too far from one, meaning it’s super easy to arrange an impromptu trip whenever you feel like it. Once you move there, you’ll be able to spend some time finding the lesser-known gems.
2. Amazing climate
As mentioned, the Canaries rarely have what many would consider cold weather. They benefit from their proximity to Africa and the sea, which results in warm, consistent weather. You will find microclimates at higher altitudes, so make sure you own at least one sweater!
3. Eating out is inexpensive
If you’ve got consistently great weather to enjoy then you’ll probably want loads of great restaurants to visit. Well, you’re in luck, as the Canaries have plenty of great (and inexpensive) restaurants. Obviously seafood is big here but there’s no shortage of meat and veggie options too.
4. Travelling is easy
Petrol prices are low, making owning a car a worthwhile expense. Public transport isn’t expensive either, and travelling between islands is super easy. There are plenty of planes and ferries, making day trips a breeze.
5. High-class healthcare
The Canary Islands are an autonomous region under Spanish rule, and Spain is known to have high-quality healthcare. This extends to the Canaries too, particularly places like Tenerife. If you want access to public healthcare, you’ll need to be a Spanish resident, but the private facilities are also very high quality.
- Health Insurance In Spain – The Expat’s Guide: accessing the Spanish Public Healthcare system, private health insurance options and the costs.
The cons of living in the Canary Islands:
1. Very tourist-heavy
It’s no secret that the Canary Islands are heavy on tourism. While this isn’t the worst thing ever, it does mean everywhere is very busy in the summer, and that many businesses operate on seasonal schedules. If you’re considering living in the Canary Islands, you’ll have to make your peace with the tourism boom.
2. Island life takes adjustment
It might seem obvious, but living on an island does take some adjustment. It’s not possible to just jump in your car and get away for a weekend like you can living on the mainland. After a while, some people might find island life a bit claustrophobic.
3. Slow pace of life
This isn’t necessarily a con but can take some adjustment if you’re coming from a fast-paced country. There isn’t a concept of “now”; the earliest you’ll probably get something is within a day or so. After a few months, you won’t even notice this as a problem anyway.
4. Not much high culture
Again, this isn’t really a downside, but if you want nightly operas and ballets, the Canary Islands just aren’t for you. Much of their economy is geared towards tourism, so think bars, restaurants, and the odd nightclub. Concerts do happen, but usually in the summer season, and usually only on the main islands.
Expats living in the Canary Islands
As you’d expect, the Canary Islands have quite a large expat community. Many move there either in retirement or to set up a business focused on tourism. If you’re considering moving to the Canary Islands, it’s likely you won’t mind being around plenty of expats.
Of course, the major islands like Tenerife, Lanzarote, Gran Canaria, and Fuerteventura are heavier on the expat communities. Smaller islands like El Hierro and La Gomera have smaller expat communities, but you’ll still be able to find people to befriend.
If you want to find out more about expat communities in the Canary Islands before moving, your best bet would be somewhere like Facebook. There are plenty of expat groups that you can join, and people are usually more than happy to share their stories and tips about making the move.
To get the most authentic Canary Island experience, you’ll want to settle down away from the resort areas. However, tourism is such a big industry that it permeates even into rural towns. Even if you don’t find a bustling expat community in your chosen area, you shouldn’t have much of a problem making friends with locals, who are usually very welcoming.
Which is the best Canary Island to live on?
Depending on what you actually want from your new life in the Canary Islands, some will be better than others. The suggestions below are based on the ideas that you won’t mind either tourism or large expat populations. After all, if you did, there would be far better places to choose than the Canaries.
The main differences between the bigger islands is how developed and populated they are. If you like the idea of the Canaries but want a quieter life, one of the smaller islands would be a better option.
But here’s a roundup of the best Canary Islands to live on:
Tenerife is the largest and most populous island in the Canaries. It’s also the most highly favoured by Brits, among other tourists. As a result, it has the best connections to the UK and other mainland destinations, making it a good choice if you plan on taking frequent holidays.
Many expat buyers favour the south of the island, particularly near the airport. Tenerife is also a good choice if you’re planning to set up your own business, such as a hotel or restaurant because it easily sees the most tourism trade.
Gran Canaria is the third-largest island but easily has the most varied terrain. The resort towns are in the south, but farther north you’ll find almost tropical forests and lush rolling hills. Its capital, Las Palmas, has a lively food and shopping scene too. Depending on where you plan to settle down on the island, you can find an apartment for as little as €90,000. But if you’re willing to spend more, you can find some amazing villas for around €500,000.
Fuerteventura is still popular with tourists, but it was “discovered” much later than the larger islands. The biggest difference is that properties are notably cheaper; for example, you could find a central apartment for €65,000 or so. It doesn’t get as busy as Gran Canaria or Tenerife, but you can still expect a tourism boom in the summer months.
El Hierro is one of the smallest main islands and has a population of around 11,000. It’s the farthest west but still benefits from the same climate as the other islands. You won’t have any problems with connections because it has an airport, and ferries to the other islands are frequent. El Hierro is a good choice if you want a quieter life in the Canary Islands and don’t mind travelling for larger shopping trips and days out.
La Gomera is another lesser-known island. It lies just to the east of Tenerife and has a population of roughly 21,000. It’s famous for its location wine, and also has some amazing wildlife and geography. It would be a good choice for those who want an outdoor lifestyle that isn’t too influenced by tourism.
Is it better to rent or buy in the Canary Islands?
One of the biggest advantages of looking to relocate to a tourist-centred area is that renting property is usually quite easy. Holiday lets are big business, and this means you can often find a good deal during the winter months. You could easily rent a property on one of the larger islands for a few months and use this as your base to explore the other islands.
- Renting A property In Spain – how to do it the right way
In the long term, however, it would make more sense to buy a property in the Canary Islands if you plan on staying there permanently. The island you choose does matter, but it’s also really easy to hop between islands for day trips. So be sure to settle down on one that has everything you need, but don’t overthink it too much.
As the Canary Islands are autonomous but under Spanish law, Spanish residency and property rules apply. Be wary when viewing cheap properties because estate agents often have a habit of skirting over any issues. It’s also worth paying for independent surveys before agreeing to a sale.
A major bonus of buying property in the Canaries is that most estate agents will speak English. While learning Spanish will help in the long term, it won’t matter as much during the buying process as it might in mainland Spain. However, if you’re concerned, take a translator with you.
In short, there are very few reasons why you would choose renting over buying. Renting can be helpful when searching for properties, but owning your own home makes much more sense and will obviously offer more security during your residency application process.
Living in the Canary Islands – summary
Living in the Canary Islands offers everything you might be familiar with from past holidays. One of the biggest draws is the great year-round weather, which is complemented by the great scenery and amazing food.
Of course, one of the possible trade-offs is the large tourism industry, but you can use this to your advantage. Setting up a business can be an easy way to generate income. Either way, it’s likely you don’t mind tourism much if you’re considering the Canary Islands.
Regardless of which island you choose as your new home, the Canaries can be a very relaxing place to set up your new life. The dream is that it’ll simply feel like one big holiday.