Canary Island sees population boom

One of the Canary Islands has seen a massive influx of expats in the last decade, according to reports.

Homes Worldwide stated that although Fuerteventura has long been popular with water sports fans, the island has been generally overlooked in favour of its more well-known neighbours.

However, the news provider cited official figures showing that the population of the island has risen from 49,020 to 89,680 between 1998 and 2006.

This figure is now believed to have crossed the 100,000 mark, although some people are understood to have not yet registered officially.

Homes Worldwide said: "Building is continuing on the island as more new residents are drawn there by the year-round warm weather and average property prices lower than those on Gran Canaria and Tenerife."

The news provider added that Corralejo, Caleta de Fuste and Villaverde were some of the most popular parts of Fuerteventura among investors.

According to Halifax, average house prices in Spain have risen at a faster rate than those in any other European country since 2002.

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