The quantity of homes termed ‘Okupadas‘ available for purchase has risen to 519 in the Canary Islands, as indicated by a report from idealista based on the properties listed in its database during the fourth quarter of 2024.
Breaking this down by provinces, in Las Palmas, there are 322 properties, which accounts for 2.8% of the total houses on the market, whereas in Santa Cruz de Tenerife, there are 197, making up 1.4% of the homes available.
On a national scale in Spain, the total of ‘Okupadas‘ homes for sale reaches 20,464 in the fourth quarter of 2024, which constitutes 2.6% of all properties listed.
As per Francisco Iñreta, a spokesperson for idealista, the figures illustrate the “significant importance” that this issue holds for both the housing market itself and the perceptions among owners, labelling it as an “additional burden” for the recovery of offerings within the market.
“All narratives that aim to downplay this phenomenon, sometimes through unrealistic comparisons, not only fail to alter market perceptions but also reinforce the sense of vulnerability among owners and promote the withdrawal of more housing from the rental sector,” Iñrea added.
GERONA is the Spanish city where the issue of homes sold as ‘Okupadas‘ is most prominent, with 8.8% of properties sold in the city classified as ‘Okupada‘.
In addition, the cities of Murcia (5.5%), Seville (4.7%), Almería (3.9%) and Malaga (3.8%) also report significant figures. Both Barcelona and Santa Cruz de Tenerife show 3.5% of their listings affected by ‘Okupation‘, while in Lleida and Valencia, the number stands at 3.4%.
Regions above the national average include Huelva (3.3%), La Palma (2.9%), Tarragona (2.8%) and Las Palmas de Gran Canaria (2.7%).
Other major markets show a lesser impact of ‘Okupadas‘ homes for sale, with Madrid at 2.3%, Alicante at 2.1%, San Sebastián at 1.3%, and Bilbao at just 1%.
Logroño is the capital where the link between ‘Okupadas‘ homes for sale and the overall market is the least evident, representing merely 0.2% of the total listings. Following closely are the cities of Salamanca, Ourense, Guadalajara, Cáceres, Palencia, and Ciudad Real, each sharing 0.4%.
