City guide El Cotillo
- Method Generated Researched
- 1-Bedroom Purchase Price (City Center) Approx. €4,200 per m² (e.g., 55 m² = €231,000) Using the October 2026 Fotocasa price of 3,821 euros per square metre in El Cotillo, a 55…
- 1-Bedroom Purchase Price (Outside City) Approx. €3,000 per m² (e.g., 55 m² = €165,000) Using the October 2026 Fotocasa price of 2,813 euros per square metre in La Oliva pueblo…
- 2-Bedroom Purchase Price (City Center) Approx. €3,800 per m² (e.g., 80 m² = €304,000) Using the October 2026 Fotocasa price of 3,821 euros per square metre in El Cotillo, a 75…
- 2-Bedroom Purchase Price (Outside City) Approx. €2,800 per m² (e.g., 80 m² = €224,000) Using the October 2026 Fotocasa price of 2,813 euros per square metre in La Oliva pueblo…
- Attractive Tax System for Digital Nomads Beckham Law (Flat 24% tax on Spanish income for 6 years) if eligible Qualifying newcomers, including people who work remotely, can opt into the impatriate…
- Best Area to Stay for Digital Nomads The New Harbour/Town Center for proximity to cafes and stronger fiber connections Calle Hermanas del Castillo, where Coworking Fuerteventura is at number 4, with a day pass…
- Best Area to Stay for Tourists Los Lagos (North lagoons) for beaches and calm water Los Lagos, the lagoon coves north of the old tower toward the lighthouse, including the…
- Best Beach Nearby Playa de la Concha (Golden sand lagoons, walking distance) La Concha and Los Lagos, clear-water coves with fine sand around the village. The lagoon…
- Best Coworking Space Cowo El Cotillo (Calle Alfredo Welich, €20/day, €150/month) Coworking Fuerteventura, Calle Hermanas del Castillo 4, El Cotillo. A day pass is 15 euros…
- Best Hospital Hospital General de Fuerteventura (Puerto del Rosario, 35 mins away) Hospital General de Fuerteventura, Calle Carretera Aeropuerto km 1, Puerto del Rosario…
- Cashless Friendly Yes, cards and Apple/Google Pay accepted in 95% of establishments Cards are widely accepted. Some shops ask to see photo identification before taking a…
- Controlled Foreign Company (CFC) Rules Yes, strictly enforced under Spanish tax law Yes. Spanish rules can tax a foreign company when Spanish residents hold over 50 percent…
- Corporate Tax Special ZEC rate (Canary Islands Special Zone) of 4% for eligible companies; otherwise 25% The general corporation-tax rate is 25 percent. The Canary Special Zone publishes a 4…
- Currency & Banking 1 EUR ≈ 1.09 USD. Major banks available in nearby La Oliva or Corralejo (CaixaBank, BBVA) Euro (EUR). On 19 October 2026 the ECB reference rate was 1 euro = 1.1225 US dollars, so…
- Dividend Withholding Tax 19% (Can be 0% for ZEC entities under specific conditions) Dividends are savings income: 19 percent on the first 6,000 euros, 21 percent to 50,000…
- Highest Income Tax Bracket 47% (National + Regional combined) The 2026 national withholding guideline reaches 47 percent above 300,000 euros. The Spain…
- Historic Buildings Faro del Tostón (Active lighthouse 4km north of town) Faro del Tostón, dated 1897, about 5 km from the village at Punta Ballena. The fishing…
- Main Train/Transit Hub El Cotillo Bus Station (Parada de Guaguas); Line 8 connects to Corralejo There is no train in the island guide. Tiadhe line 8 is the bus between El Cotillo and…
- National Parks Nearby Parque Natural de las Dunas de Corralejo (15 mins drive) The dunes by Corralejo are Parque Natural de Corralejo, mapped as a nature reserve, not a…
- Population Approximately 1,700 1,730 inhabitants on 1 January 2024, the municipal-register total a demographic site gives…
- Power 230V, 50Hz, 🔌 Type C/F sockets 230 V, 50 Hz. Sockets are Type C (Europlug) and Type F (Schuko).
- Property Tax IBI (Impuesto sobre Bienes Inmuebles) - approx. 0.4% - 1.1% of rateable value IBI is an annual municipal tax on owning real estate, and the town sets the rate. A…
- Property Transaction Tax 6.5% ITP (Transfer Tax) for resale properties in Canary Islands In the Canary Islands the general transfer tax on real estate is 6.5 percent in 2026. A…
- Public Transport Passes Bono Residente Canario or BTF Contactless card (€2 per card, reduced fares) Tiadhe runs the buses. A non-resident card costs 5 euros and takes 10 percent off, and is…
- Regional Travel Public Bus (Guagua) Line 8 to Corralejo (€3.10) or Line 7 to Puerto del Rosario (€4.35) Tiadhe line 8 runs between El Cotillo and Corralejo every day. A 2023 timetable lists 3.10…
- SIM Card Movistar, Vodafone, and Orange. Best value: Movistar Prepago (approx. €15 for 40GB/month) Buy a prepaid SIM at an Orange or Movistar shop; identification is usually required…
- Studio Purchase Price (City Center) Approx. €4,500 per m² (e.g., 35 m² studio ≈ €157,500) Fotocasa asking prices in October 2026 are for all home sizes together. El Cotillo is…
- Studio Purchase Price (Outside City) Approx. €3,200 per m² (e.g., 35 m² studio ≈ €112,000 in outlying rural areas) La Oliva pueblo, the municipal capital, is 2,813 euros per square metre on the same…
lint fix pass aligned Tap Water, SIM Card, Cashless Friendly and Highest Income Tax Bracket with the Spain country prep and comparison cities; updated research date, researcher and source retrieval dates; added the Spanish coworking source and marked the Best Coworking Space monthly price unverified because English and Spanish prices conflict; reconfirmed the Best Hospital address, Historic Buildings and Museums & Art Venues location, property asking prices and historic bus fares without changing their values (https://en.wikivoyage.org/wiki/Spain) (https://taxsummaries.pwc.com/spain/individual/taxes-on-personal-income) Source