Nomad Watch

Researched Updated Oct 29, 2026 Last changed Oct 31, 2026 About guide entries

Essentials

City
El Cotillo, La Oliva, Fuerteventura, Las Palmas, Spain 5
Population
1,730 inhabitants on 1 January 2024, the municipal-register total a demographic site gives for El Cotillo. A locality series estimates the compact settlement at 1,488 on 1 January 2025. 11 12
Internet Speed
Fiber optic available in most rentals, averaging 100-300 Mbps; 5G coverage is reliable
Currency & Banking
Euro (EUR). On 19 October 2026 the ECB reference rate was 1 euro = 1.1225 US dollars, so about 1 US dollar = 0.89 euro. Cards are widely accepted. 1 4
Tap Water
Generally safe to drink nationwide; water in southern Spain may have a higher mineral content. Restaurants must offer tap water on request. 4
Power
230 V, 50 Hz. Sockets are Type C (Europlug) and Type F (Schuko). 4
SIM Card
Buy a prepaid SIM at an Orange or Movistar shop; identification is usually required. Orange Prepago 10 is 10 euros for 28 days (80 GB with the current extra, 15 GB of EU roaming, SIM or eSIM). Movistar Prepago Plus is 10 euros for 28 days (60 GB) and Prepago Premium is 15 euros for 28 days (240 GB). 2 3 4
Banking for Expats
Revolut and N26 are widely used; local businesses prefer card payments via TPV
Accommodation
Apartment rentals (Cotillo Ocean Sunset), Surf camps, and seasonal Airbnbs
Cashless Friendly
Cards are widely accepted. Some shops ask to see photo identification before taking a card, and a little cash is useful for a taxi or a small purchase. 4
Short Term Rentals
Airbnb and local agencies like Suck on the Peach (approx. €1,200 - €1,800/month)
Budget Accommodation
Cotillo House or Guesthouse El Cotillo (approx. €35-€50 per night)
Best Area to Stay for Tourists
Los Lagos, the lagoon coves north of the old tower toward the lighthouse, including the beaches called La Concha and Los Lagos. The north side is the calm water. 5 13
Best Area to Stay for Digital Nomads
Calle Hermanas del Castillo, where Coworking Fuerteventura is at number 4, with a day pass and a monthly desk. 14

Working and Networking

Best Coworking Space
Coworking Fuerteventura, Calle Hermanas del Castillo 4, El Cotillo. A day pass is 15 euros (09:00 to 18:00), a week is 70 euros, and a 30-day pass is 250 euros with round-the-clock access. The page prints both local 2 and local 3 for that address. 14
Best Cafe for Work
Clean Ocean Project (Calle 3 de Abril de 1979) - relaxed vibe and decent Wi-Fi
Networking Events
Sunset meetups at Piedra Playa or Fuerteventura Digital Nomads Facebook Group events
Social Events for Expats
Friday live music at Ferret's Dinner or events at Olivo Corso

Transportation

Best Taxi/Ride App
No Uber/Bolt; use local Taxi La Oliva (+34 928 537 441). Approx €25 to Corralejo
Bike/Scooter Rental
Rideman El Cotillo (Calle Urbanización Los Lagos, approx. €12/day for mountain bikes)
Best Beach Nearby
La Concha and Los Lagos, clear-water coves with fine sand around the village. The lagoon beach to the north, toward the lighthouse, is the calm one. Beaches to the south have harder waves. 5 13
Top Regional Airline
Binter Canarias (Connecting to Tenerife and Gran Canaria)
Top International Airline
Ryanair and EasyJet (Daily flights from Fuerteventura Airport - FUE)
Highway Access
FV-10 connects El Cotillo to Puerto del Rosario and FV-1
Main Train/Transit Hub
There is no train in the island guide. Tiadhe line 8 is the bus between El Cotillo and Corralejo. The 2023 timetable puts the direct service at the stop Plaza de la Ermita. 13 15
Public Transport Passes
Tiadhe runs the buses. A non-resident card costs 5 euros and takes 10 percent off, and is sold on the bus. Fuerteventura residents get 30 percent off the shortest fare and 50 percent off longer rides. The Canary resident pass on the Tiadhe page is 20 euros a month for 30 days of unlimited travel if you are registered in a Canary municipality. The Cabildo page says that pass was free through all of 2025 and does not give a 2026 price. Cards are issued at Cabildo offices, including Corralejo. 7 16
Regional Travel
Tiadhe line 8 runs between El Cotillo and Corralejo every day. A 2023 timetable lists 3.10 euros via La Oliva and 2.05 euros on the direct service, the same price back. A travel guide says the bus from Corralejo is hourly and the direct bus to Puerto del Rosario is much rarer. 13 15

Health and Wellness

Best Hospital
Hospital General de Fuerteventura, Calle Carretera Aeropuerto km 1, Puerto del Rosario, postal code 35600. The health ministry register lists 131 beds and telephone 928 862 000. It is the island public hospital. 8
Yoga & Wellness Centers
Tula Yoga & Wellness (Calle San Roque, approx. €12 per drop-in session)
Gyms & Fitness Centers
Outdoor training is dominant; nearest large gym is in Corralejo (Fitness Center Corralejo)
Laundry Services
Lavanderia Autoservicio El Cotillo (Calle 3 de Abril de 1979, €5 per wash)

Food and Drink

Best Food Delivery App
Not widely served by apps; direct phone ordering for pizza from El Grito
Best Local Dish to Try
Papas Arrugadas with Mojo sauce and fresh grilled Cherne (rockfish)
Vegan/Vegetarian Options
Happy Cactus (Calle 3 de Abril de 1979) - 100% plant-based bowls and juices
Best Dessert Spots
Patissier (Calle Mallorquin) - Artisan French-style pastries and coffee
Affordable Shopping Spots
HiperDino Express El Cotillo (Town center)
E-commerce/Online Store
Amazon.es (Delivery to Canarias takes 3-7 days and may require DNI/NIE)
Grocery Delivery
HiperDino.es online shop (Delivery from Corralejo to El Cotillo)
Bar/Nightlife Area
The Old Harbour area (Calle Mecheros)
Local Brewery
Tindaya Beer (Craft beer available at local bars like Coyote Bar)
Wine Bars
La Sombra (Calle San Roque) - Excellent selection of Canary Island wines
Street Food Stalls
None; occasional food trucks at local Fiestas del Carmen in August
Popular International Cuisine
La Cantina (Mexican), Azzurro (Italian seafood on the coast)

Culture and Attractions

Must-See Landmarks
Torre del Tostón (18th-century defensive tower) 5 26
Museums & Art Venues
Museo de la Pesca (Inside the Tostón Lighthouse) 23
Historical Sites
Ermita de Nuestra Señora del Buen Viaje
Religious Sites
Church of El Cotillo (Plaza del Quiosco)
Annual Events
Fiestas en Honor a Nuestra Señora del Buen Viaje (August)
Cultural Districts
The Old Town (Casco Antiguo) overlooking the small harbor
Theater Venues
Auditorio de Corralejo (Nearby cultural hub)
Local Markets
Mercadillo Artesanal (Friday evenings at Plaza del Quiosco)
Music Scene
Live acoustic sets at Baggus or Shaka Surf Bar
Street Art
Various surf-themed murals around Calle 3 de Abril de 1979
Cooking Classes
Occasional workshops at local restaurants; check Gofio-making demos in La Oliva
Art Galleries
Clean Ocean Project Hub (Art and environmental activism)
Historic Buildings
Faro del Tostón, dated 1897, about 5 km from the village at Punta Ballena. The fishing museum is inside it. The map places the lighthouse at Los Lagos. 23 25
Local Heritage
Sustainable fishing traditions and the 'Majorero' cheese culture

Nature and Outdoor Activities

Nearby Nature Escapes
Piedra Playa (Wild surf beach with massive cliffs)
National Parks Nearby
The dunes by Corralejo are Parque Natural de Corralejo, mapped as a nature reserve, not a national park. The nearest national park is Timanfaya, on Lanzarote. 24 27
Cycling/Walking Paths
North coast dirt track toward Corralejo (20km of rugged coastline)
Scenic Viewpoints
Cliffs above Playa del Castillo at sunset
Birdwatching Locations
El Cotillo Laps (Desert plains) for the Houbara Bustard
Bonfire-Friendly Spots
Strictly regulated; only allowed in designated recreation areas with permits (e.g., Castillo de Lara)

Other Services and Amenities

Parcel Delivery Service
Correos (Calle 3 de Abril de 1979)
Tech Repair Services
Applemovil Corralejo (Calle Libertad, 15 mins away)
Table Tennis Spots
Public park area near the football pitch
Language Classes
Fuerteventura Language School (Online or in Corralejo)
Libraries & Study Spots
Centro Cultural El Cotillo
Community Centers
Asociación Recreativa El Cotillo
Gaming Lounges
None; nearest in Puerto del Rosario
Casino & Gaming Halls
Casino Antigua (Caleta de Fuste, 40 mins away)

Business

Studio Purchase Price (City Center)
Fotocasa asking prices in October 2026 are for all home sizes together. El Cotillo is 3,821 euros per square metre, so a 35 square metre studio is about 133,735 euros. 6
Studio Purchase Price (Outside City)
La Oliva pueblo, the municipal capital, is 2,813 euros per square metre on the same October 2026 index, so a 35 square metre studio is about 98,455 euros. 6
1-Bedroom Purchase Price (City Center)
Using the October 2026 Fotocasa price of 3,821 euros per square metre in El Cotillo, a 55 square metre one-bedroom is about 210,155 euros. The index is not split by number of bedrooms. 6
1-Bedroom Purchase Price (Outside City)
Using the October 2026 Fotocasa price of 2,813 euros per square metre in La Oliva pueblo, a 55 square metre one-bedroom is about 154,715 euros. 6
2-Bedroom Purchase Price (City Center)
Using the October 2026 Fotocasa price of 3,821 euros per square metre in El Cotillo, a 75 square metre two-bedroom is about 286,575 euros. 6
2-Bedroom Purchase Price (Outside City)
Using the October 2026 Fotocasa price of 2,813 euros per square metre in La Oliva pueblo, a 75 square metre two-bedroom is about 210,975 euros. 6
Corporate Tax
The general corporation-tax rate is 25 percent. The Canary Special Zone publishes a 4 percent rate. The corporation-tax summary describes that reduced rate as applying to operations carried out in the zone. 18 17
Dividend Withholding Tax
Dividends are savings income: 19 percent on the first 6,000 euros, 21 percent to 50,000 euros, 23 percent to 200,000 euros, 27 percent to 300,000 euros, and 30 percent above that. Dividends paid to non-residents are generally withheld at 19 percent. 9
Tax System
Residents pay Spanish income tax on worldwide income. Non-residents pay tax on Spanish-source income only. Residence is 183 days in the year, or the centre of vital interests. 9
Highest Income Tax Bracket
The 2026 national withholding guideline reaches 47 percent above 300,000 euros. The Spain tax profile records an effective top near 54 percent in the highest-tax regions; combined marginal rates vary by autonomous community. 9
VAT
The Canary Islands do not charge mainland VAT. The local sales tax is IGIC. The published general rate is 7 percent since 1 January 2020, with a zero rate, a 3 percent reduced rate, and higher rates of 9.5 percent, 15 percent and 20 percent. 21 19
Controlled Foreign Company (CFC) Rules
Yes. Spanish rules can tax a foreign company when Spanish residents hold over 50 percent and the foreign tax is under 75 percent of the Spanish tax. 20
Property Tax
IBI is an annual municipal tax on owning real estate, and the town sets the rate. A current La Oliva percentage was not on the national summary. 19
Property Transaction Tax
In the Canary Islands the general transfer tax on real estate is 6.5 percent in 2026. A later sale of a building is the transfer charged this tax. A new home is charged IGIC instead of mainland VAT. 10 19
Attractive Tax System for Digital Nomads
Qualifying newcomers, including people who work remotely, can opt into the impatriate regime. Employment income is withheld at 24 percent up to 600,000 euros and at 47 percent above that, for the tax year of the move and the next five. Opting in is not automatic. 22

About these guide entries

Change history

    • 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…
    26 more changes
    • 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 (en.wikivoyage.org) (taxsummaries.pwc.com) Source

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