Best Airbnb Markets in Canarias, Spain

Adeje, located in southern Tenerife, is one of Europe’s most exclusive tourist destinations, thanks to the Costa Adeje area and its golden sandy beaches like El Duque or Fañabé. The vacation rental market is extremely dynamic and high-end, attracting an international clientele year-round. With an average of 3,943 listings, the area offers everything from luxury apartments to spectacular villas. Travelers particularly value the high-quality services, world-class theme parks like Siam Park, and the islands’ unbeatable climate.

Arona is a major tourism engine in Tenerife, home to world-famous hubs like Los Cristianos and Las Américas. This market is defined by massive and constant international demand year-round, particularly from British and Nordic travelers escaping winter. Vacation rentals here are a highly reliable investment thanks to an unbeatable range of leisure activities, dining, and accessible beaches. With a significant volume of 4,293 listings, Arona provides solid profitability backed by an eternal spring climate.

San Bartolomé de Tirajana, the epicenter of tourism in Gran Canaria, captivates visitors with the iconic Maspalomas Dunes and the vibrant atmosphere of Playa del Inglés. This mature and diversified market attracts families and the international LGBTQ+ community, especially during major events like Pride. Properties near the coast or with dune views enjoy exceptionally high demand. Boasting an annual revenue per listing of €36,386, it remains one of the most lucrative destinations for owners seeking stability and high booking volumes.

Yaiza, in southern Lanzarote, offers a unique volcanic setting that includes Timanfaya National Park and the charming seaside village of Playa Blanca. This market caters to travelers seeking tranquility, spectacular landscapes, and high quality. The vacation rental sector here is characterized by private pool villas and homes featuring typical Lanzarote architecture. With an impressive occupancy rate of 74%, Yaiza attracts a European clientele that values exclusivity and the preservation of the natural environment.

La Oliva, in northern Fuerteventura, is a paradise for surf enthusiasts and lovers of pristine landscapes, centered around the Corralejo dunes and Lobos Island. This market has seen exponential growth, driven by digital nomads and athletes drawn to its world-famous waves. The vacation rental market is highly active, with steady demand for modern apartments in Corralejo and rural retreats inland. With 3,539 active listings, La Oliva stands out as a vibrant, youthful destination with significant growth potential.

Tías is the municipality home to Puerto del Carmen, Lanzarote’s oldest and most established tourist area. Its proximity to the airport and miles of golden sandy beaches make it an extremely convenient and high-demand market. It primarily attracts loyal British and Irish travelers who return to the island year after year. With an enviable occupancy rate of 77%, Tías represents consistency and high performance for short-term rental investors.

Mogán, often called the “Venice of the Canaries” for its picturesque harbor, enjoys one of the best microclimates in the world. It is a premier family destination, with areas like Puerto Rico and Playa de Amadores ensuring sunshine nearly every day of the year. The vacation rental market benefits from this climate stability, drawing Nordic and German tourists throughout the winter months. With an average daily rate of €135, Mogán offers a perfect balance of occupancy and competitive pricing in southern Gran Canaria.

Las Palmas de Gran Canaria is a cosmopolitan city that blends vibrant urban life with the iconic Las Canteras Beach. This market attracts a diverse mix of digital nomads, surfers, and cultural tourists seeking authenticity beyond typical resorts. Events like the Las Palmas Carnival drive massive spikes in demand. With 2,495 listings, the city offers a wide variety of options, from modern beachside lofts to historic apartments in the charming Vegueta neighborhood.

Teguise, the former capital of Lanzarote, is known for its historic elegance and the popular coastal resort of Costa Teguise. It is a well-balanced market that attracts athletes (windsurfing at Las Cucharas) and families seeking a quieter atmosphere than the south. The famous Sunday market in the Villa de Teguise is a major tourist draw. With an occupancy rate of 73%, the municipality offers solid profitability backed by high-quality accommodations and a beautifully preserved landscape.

Santiago del Teide is home to the majestic Los Gigantes cliffs, among Tenerife’s most breathtaking landscapes. This market benefits from travelers seeking stunning natural experiences and tranquility. The Puerto de Santiago area is very popular for vacation rentals, with steady international demand driven by whale watching and hiking. With an average daily rate of €133, Santiago del Teide establishes itself as a visually stunning destination with consistent profitability.