How much money does it take to live in Fuerteventura?

The idea of ​​moving to Fuerteventura, a wonderful island, appeals to us so much that we ask ourselves: how much money does it take to live in Fuerteventura ?

Leaving everything behind and starting a new life is a choice that requires courage and a little money set aside for the first few months.

Having a nest egg on the side will be more substantial, especially if you don’t speak the language and don’t already have a job.

However, the desire to improve one’s lifestyle overcomes the fear of failure, for a new opportunity for oneself.

Fuerteventura is the Canary Island closest to the African coast, with a mild climate year-round, Caribbean-style beaches, and crystal-clear sea.

In recent years, the percentage of people moving to this island has increased significantly, where people work while enjoying life to the fullest.

Fuerteventura, the island where everything flows slowly, welcoming, and never judges, is the ideal place to spend your daily life.

 

Renting in Fuerteventura

Let’s start with rent in Fuerteventura , which has seen a significant increase in recent years, but this doesn’t mean it’s impossible to find a solution.

Rent remains the highest expense and the main deterrent for anyone wondering how much money it takes to live in Fuerteventura.

A fully furnished two-room apartment costs on average around €500, while a three-room apartment costs on average €600–700, not particularly high compared to Italy.

These costs vary greatly, especially depending on the location chosen and its position in relation to the sea (inland areas are always the cheapest).

Before renting a house, it is always best to ask the owner whether water and electricity supplies are included in the contract.

Never contact people online who rent apartments in Fuerteventura and ask for a cash advance from Italy.

 

Electricity, water and internet bills

Electricity, water, and internet bills (optional) are never a problem in Fuerteventura and generally cost around €100-120 per month.

There are electricity companies that offer both monthly and bimonthly payments; always check which solution is the most economical.

What has a significant impact on a family’s monthly expenses is the lack of gas, as temperatures in Fuerteventura never drop below 15 degrees at night.

 

Shopping at the supermarket

Supermarket shopping in Fuerteventura is affordable for all budgets, with typical Canarian, Italian, and international products.

Supermarket prices in Fuerteventura are average and much lower than in northern Italy, with a wide selection of fresh, high-quality products.

With a budget of €80-100 you can buy groceries for two people, with all the essentials such as: bread, pasta, fruit and vegetables, fish and meat.

 

Gasoline

Obviously, petrol is not a sore point, as is the case throughout Italy, where the price has skyrocketed, in Fuerteventura however the average prices are:

• Petrol: € 1.50 
• Diesel: € 1,20 

If you brought your car from Italy, you need to register it in Spain, which costs around €1,000.

As we’ve already explained in another article, it’s best to seek the advice of  car inpections  in Fuerteventura, as there are so many documents and procedures to register a car.

 

Healthcare in Fuerteventura

Healthcare in Fuerteventura is free for those with a green NIE, with family doctors and specialists of excellent professionalism and expertise.

For the first period, it is possible to have private specialist medical visits only with a white NIE, at costs 50% lower than in Italy.

And for those with a Canarian health card, the price of medicines is negligible, much lower than in Italy.

You can always opt for private health insurance, starting from €25 per month, to perhaps avoid long waits for specialist visits and tests.

It’s best to take out health insurance through your bank to get more benefits and avoid long waits.

Private insurance provides 24-hour medical care, including general and specialist visits, including dental care.

 

The extra expenses

Unfortunately, each of us has vices that we cannot easily give up, which are part of daily personal and family life.

Yes, we’re talking about the most common spoiled: smokers, for whom a coffee and a cigarette, perhaps by the sea, are a moment of complete relaxation.

Cigarette prices in Fuerteventura are a good 20% less than in Italy, with other typical Spanish or Canarian brands costing even less.

A carton of cigarettes costs an average of €30-35, an annual cost that obviously impacts the budget of an average family, but not a very high one.

And if we had the desire to have breakfast at the bar, dinner or lunch at a restaurant , would it be a luxury like it is in our Italy?

Absolutely not, a breakfast at the bar for two people would cost around €5, and a dinner at a typical Canarian restaurant ranges between €30 – €50.

Of course, there are also bars serving typical Italian breakfasts, traditional Canarian restaurants, and Italian seafood restaurants, where the price per person is much higher.

And for the little ones, nurseries and schools are always free and very well organized, with highly trained teachers available to meet any need.

 

Car tax, MOT and insurance

Fuerteventura is a thousand light years ahead of Italy, where it is true that car registration procedures are complex for those moving here.

It’s true that it’s a slow island, but professionalism, clarity, availability, and a welcoming smile are what characterize all its institutions.

• The tax for a 110 hp car: €44.50
• Annual car inspection: €70-80
• Insurance 10-20% less than in Europe

What is striking throughout the island of Fuerteventura is the utmost respect for the highway code among motorists, regarding speed, giving way, pedestrian crossings, and overtaking cyclists.

Penalties for traffic violations are very severe, making this beautiful island peaceful and safe.

 

Advantages and disadvantages of Fuerteventura compared to Italy

Advantages 

• the mild climate all year round 
• the possibility of going to the seaside 365 days a year 
• you can go to the beach without having to pay for the beach or parking
• the lack of pollution and respect for the environment
• the cost of living is significantly lower than in Italy
• the friendliness and helpfulness of the Spanish people

Disadvantages

• It’s hard to find flavors similar to Italian gastronomic excellence. 
• Tap water is not drinkable
• Not all goods arrive easily with complex customs clearance procedures
• The trade winds that blow constantly and often lift the sand 
• Caribbean beaches but without beach amenities like sun loungers and umbrellas
• The island of Fuerteventura is wild, with an often stormy sea and it takes courage and love to tame its waves and the cool temperature of the water. 
• Fuerteventura is a joyful island, full of life and simple, here you can forget about unbridled luxury

 

Monthly essential costs for 2 people 

Rent	starting from €500
Electricity and water bills	€100-120
Fiber Internet	€30
Supermarket shopping	€80-100 per week

 

Optional costs 

Cigarettes	€30
Diesel	1,469
Car inspection (annual)	€70-80
Car tax (annual)	€44 (car with 110 hp)
Car insurance (annual)	€250 for the first year
Medical insurance (monthly)	starting from €25 per person
Breakfast for 2 people	starting from €5
Lunch and dinner at the restaurant for 2 people	starting from €25
Cost of medicines	20% compared to Italy