The rise of remote work and the growing number of digital nomads have profoundly transformed real estate markets worldwide, and the Canary Islands are no exception. Thanks to their privileged climate, high quality of life, and expanding digital infrastructure, the archipelago has become a top destination for professionals who can work remotely while enjoying a coastal and warm environment.

In this article, we analyze how this phenomenon has influenced real estate demand in the Canary Islands, the areas that have benefited the most, and how properties are being adapted to meet the needs of this new wave of temporary and permanent residents.

1. The Rise of Remote Work and the Digital Nomad Phenomenon

Remote work has grown at an unprecedented pace in recent years, driven by technological advancements and the normalization of flexible work models in many companies. At the same time, the concept of the digital nomad—a professional who works remotely while traveling and living in different countries—has become increasingly popular, especially in the tech, creative, and digital services sectors.

The Canary Islands have positioned themselves as a premier destination for this global movement thanks to factors such as:

• Year-round warm climate, enabling a more active and healthier lifestyle.
• Air connectivity with Europe, with frequent flights from major capitals.
• Growing digital infrastructure, with improvements in fiber-optic networks and coworking spaces.
• Tax advantages and competitive cost of living, compared to other European destinations.
• Established international community, with networking events and support networks for newcomers.

2. Growth of Residential Areas Catering to Remote Workers

The impact of remote work has led to a surge in demand for properties in certain areas of the Canary Islands, particularly those that offer reliable internet, natural surroundings, and quality services.

Key Growth Areas

1. Las Palmas de Gran Canaria
   • With its excellent connectivity and numerous coworking spaces, it has become one of Spain’s most popular cities for digital nomads.
   • The Las Canteras area is especially attractive for its blend of urban life and beachfront living.
   • A diverse range of housing options, from shared flats to luxury apartments with ocean views.
2. Santa Cruz de Tenerife and La Laguna
   • Increased demand for long-term rentals in central neighborhoods with access to shopping and entertainment.
   • More availability of spacious homes at lower prices than in major tourist areas.
3. Southern Tenerife and Gran Canaria (Adeje, Arona, Maspalomas, Playa del Inglés)
   • Ideal for those who want to work remotely while enjoying a relaxed lifestyle.
   • Residential complexes with pools, green areas, and premium services.
   • High demand for villas and apartments with terraces and panoramic views.
4. Lanzarote and Fuerteventura
   • Preferred by those seeking a quieter environment and unspoiled nature.
   • Increasing number of coworking spaces in Costa Teguise, Corralejo, and El Cotillo.
   • Growing interest in eco-friendly homes with sustainable architecture.
5. La Palma, La Gomera, and El Hierro
   • Still an emerging niche but with great potential due to their tranquility and natural surroundings.
   • Ideal for digital nomads seeking disconnection and a sustainable lifestyle.

3. Adapting the Real Estate Market to Remote Worker Needs

The profile of remote workers has brought about new demands for property features, both for rental and purchase.

Key Requirements for Properties

1. High-speed internet connectivity
   • Fiber-optic and a stable connection are decisive factors when choosing a property.
   • Growth of services that ensure high-speed internet in rural areas.
2. Dedicated home office spaces
   • Increasing demand for homes with built-in offices or flexible workspaces.
   • Preference for properties with good natural lighting and ventilation.
3. Outdoor spaces
   • Terraces, balconies, and gardens have become more desirable.
   • Homes with private outdoor areas are more in demand than apartments without open spaces.
4. Community services and coworking spaces
   • Residential complexes with coworking areas and multi-purpose rooms have become a major value-added feature.
   • Growth of hybrid residences that combine accommodation with shared workspaces.
5. Flexible rental contracts
   • Increasing interest in mid- and long-term rentals, tailored to remote workers’ stay cycles.
   • Growth of platforms offering streamlined management and flexible contracts.

4. Economic and Social Impact on the Canary Islands

The increase in digital nomads and remote workers has not only boosted the real estate market but has also had positive effects on the local economy.

Main Benefits

• Revitalization of commerce and hospitality, with a new profile of international consumers.
• Boost to entrepreneurship and innovation, with the arrival of highly skilled professionals.
• Diversification of the economy, reducing dependence on seasonal tourism.
• Improvement of digital infrastructure, with investments in telecommunications and coworking spaces.

However, challenges remain, such as the need to regulate the rental market to prevent speculation and ensure housing access for the local population.

The rise of remote work and the growing number of digital nomads have reshaped the real estate market in the Canary Islands. Urban and coastal areas have seen a surge in demand, while properties have evolved to accommodate connectivity, workspace, and flexible lease requirements.

As 2025 unfolds, this trend is expected to expand further, diversifying the Canary Islands’ economy and cementing the archipelago as one of the top destinations for those seeking to balance work and quality of life in a paradise-like setting.