Nomad Watch

Changelog

Every change to our researched data, with the old and new value and why it changed. Records are researched from official sources and published through review.

  1. City guide El Hierro

    • Method Generated ⁠Researched
    • Accommodation Casa Rurales (traditional cottages), small apartments, and paradores. Booking.com and… ⁠Short stays use individual houses and a small set of hotels. The state Parador at Las…
    • Annual Events Bajada de la Virgen de los Reyes (every 4 years) or the Fiesta de San Antón. ⁠The Bajada de la Virgen de los Reyes is every four years, on the first Saturday of July…
    • Attractive Tax System for Digital Nomads Beckham Law (flat 24% tax for 6 years) or the 0-15% tax for entrepreneurs under the… ⁠Qualifying newcomers, including teleworkers, can opt into the impatriate regime…
    • Bar/Nightlife Area La Restinga (harbor bars) or the main street of Valverde for a relaxed evening vibe. ⁠Valverde has a few late bars, including Pub La Lonja on Calle San Francisco and Discoteca…
    • Best Area to Stay for Digital Nomads Valverde (for services and reliability) or La Frontera (for views and community vibes). ⁠Valverde has the hospital, the council offices and the island cultural events. Mobile…
    • Best Area to Stay for Tourists La Frontera or El Golfo for the best climate and proximity to natural pools like Charco… ⁠La Frontera and the El Golfo valley, close to natural pools such as Charco Azul and La…
    • Best Beach Nearby Playa de la Arena (manganese sand) or the natural pools of La Maceta. ⁠La Maceta, a walled natural pool in the El Golfo valley, is the busiest swim spot…
    • Best Coworking Space Coworking El Hierro (Valverde) - flexible desks around €15/day or €150/month. ⁠DoceVeintitrés, Calle Doctor Quintero 23, Valverde: a flexible desk is 15 euros a day, 130…
    • Best Dessert Spots Pastelería Adrián (Valverde) for authentic Quesadillas (~€2.50). ⁠Fábrica de Quesadillas Adrián Gutiérrez y hijas, Calle Veintidós de Febrero 2, Valverde…
    • Best Hospital Hospital Nuestra Señora de los Reyes (Valverde) - the island's primary 24-hour facility. ⁠Hospital Insular Nuestra Señora de los Reyes, Calle Los Barriales 1, Valverde, is the…

    fix pass. Currency & Banking now states the prep exchange rate to four decimal places; Tap Water and Cashless Friendly use the shared country advice; SIM Card uses the shared prepaid recommendation with island coverage kept in the area advice; Tax System adds the prep residence tests; Highest Income Tax Bracket restores the national withholding and highest-region context alongside the Canary rate; Best Coworking Space clarifies that all three prices exclude IGIC. Accommodation, Best Dessert Spots and Museums & Art Venues are explicitly listed as lacking current operator-price verification. Research date and model updated for this fix (https://en.wikivoyage.org/wiki/Spain, https://www.orange.es/tarifas/movil/prepago/orange-prepago-10, https://www.movistar.es/tarifas-moviles/prepago/, https://taxsummaries.pwc.com/spain/individual/residence, https://taxsummaries.pwc.com/spain/individual/taxes-on-personal-income, https://coworking.doceveintitres.com/nuestros-espacios/mesas-flexibles/, https://en.wikivoyage.org/wiki/El_Hierro).

  2. City guide El Cotillo

    • 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…
    • Tap Water Desalinated and safe for hygiene, but not recommended for drinking; buy 5L/8L jugs at… ⁠Generally safe to drink nationwide; water in southern Spain may have a higher mineral…
    • Tax System Spanish Resident (Worldwide income) with IGIC (7%) instead of VAT ⁠Residents pay Spanish income tax on worldwide income. Non-residents pay tax on…
    • VAT 7% (Known as IGIC in the Canary Islands, much lower than mainland 21%) ⁠The Canary Islands do not charge mainland VAT. The local sales tax is IGIC. The published…

    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

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