Catenaa, Sunday, December 21, 2025- Chinese investors are entering the residential real estate market in Santa Cruz de Tenerife, seeking two- and three-bedroom properties priced at up to €470,000 as part of a growing push into Spain’s regional housing sector.
The buying effort is being coordinated through FastHogar, a Spanish property platform that says it represents one of the country’s largest buyer and investor networks.
The campaign, promoted through artificial intelligence-generated online advertisements, focuses on Santa Cruz and nearby La Laguna, according to local real estate sources.
Agents involved in the transactions say the buyers operate under a family office structure, managing private wealth on behalf of high-net-worth families.
The group is pursuing discreet purchases outside mainstream property portals, reflecting a preference for direct negotiations and off-market listings.
Industry participants say the primary goal is rental income rather than residency.
Properties in the Canary Islands are viewed as offering steady returns, typically between 4.5% and 6% annually, supported by strong demand and limited supply.
Spain’s housing market is also seen as a hedge against inflation and volatility elsewhere.
Chinese investment in Spanish property has risen in recent years, particularly in major cities such as Madrid, where Chinese nationals have ranked among the leading foreign buyers.
Similar investment patterns have emerged in regional markets linked to infrastructure or industrial development.
In the Canary Islands, interest extends beyond housing to tourism assets, renewable energy, logistics and technology projects.
Tenerife accounts for nearly half of Chinese investment in the archipelago, driven by its ports, airports and trade links with Africa and Latin America.
The removal of Spain’s golden visa for property purchases has shifted Chinese buying toward income-focused investments rather than residency-driven deals.
