At the end of 2019, before the world realised how dangerous the Coronavirus was, I wrote a Gran Canaria property guide for 2020. I predicted a slight drop in property prices on the island.
The market showed signs of a slowdown with February sales figures across Spain down 6% year-on-year.
However, all bets and predictions were off once the Coronavirus pandemic took hold. We are now in uncharted territory and won’t know the full effect on Gran Canaria property for some time. [Read more…]