Housing prices in the municipality of Teguise

Property prices trend in Teguise

The following charts show price trends over time for all types of residential property in Teguise, both for sale and for rent.

In April 2024 for residential properties for sale was asked an average of € 2,320 per square meter, with an increase of 8.21% compared to April 2023 (2,144 €/m²). Over the past 2 years, the average price in Teguise municipality reached its peak in March 2024, with a value of € 2,334 per square meter. The month with the lowest asking price was September 2023: for a property for sale was asked an average of € 2,062 per square meter.

In April 2024 for residential rental properties was asked an average of € 9.15 per month per square meter, with a decrease of 8.96% compared to April 2023 (€ 10.05 monthly per square meter). Over the past 2 years, the average price in Teguise municipality reached its peak in June 2022, with a value of € 10.74 per square meter. The month with the lowest asking price was January 2024: for a rental property was asked an average of € 8.60 per month per square meter.

Prices per square meter of the zones in Teguise

During April 2024, the asking price for properties for sale in Teguise was highest in the Famara-La Graciosa area, with € 2,770 per square meter. The lowest price, instead, was in the Villa de Teguise area, with an average of € 1,868 per square meter.
During the same month, the asking price for rental properties in Teguise was highest in the Costa Teguise area, with € 9.46 per month per square meter. The lowest price, instead, was in the Villa de Teguise area, with an average of € 6.40 per month per square meter.

The following charts show information about the real estate property of the municipality of Teguise and a summary of the demographic and socio-economic aspects that characterize its resident population, consisting of 22,703 inhabitants.