Why I would not invest in Real Estate in the Canary Islands

Video credit: Google Earth

I spent a week in the Canary Islands and had a look at the real estate market on Grand Canaria.

Timestamps

00:00 Introduction
00:53 Price trends in the real estate market in the Canary Islands
02:30 Why I would not invest in the local real estate market in Spain
07:20 Poor architectural value
08:57 Examples of coastal real estate in the Canary Islands at an agency
09:42 Residency in Spain - who is it interesting for?

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DISCLAIMER

No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction.

Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.