1 new residential projects in Teguise

Housing price dynamics in Teguise

According to Idealista, the average asking price for housing in Teguise in July 2026 is 3 509 €/m². This measure covers the whole residential market, including resale homes.

Over the last 12 months, the price per square metre changed by +15.7%; over five years, by +78.5%. The average annual rate over this period is +12.3%.

Housing in Teguise is currently 12.1% more expensive on average than in Las Palmas, where the price is 3 130 €/m².

If the average rate of the last five years is maintained, the estimated price per square metre in Teguise will be about 3 940 €/m² in one year and 4 424 €/m² in two years. That is a change of +12.3% and +26.1% from today’s level.