Tax partner with chartered accountant Campbell Dallas Bruce Wilson said that the most important consideration for those who invest in the country is to "get very good local advice and do your research".
He explained that this is important because the country has different laws, systems and customers by which it governs property matters.
People should also be clear in their own minds about their reasons for buying, such as if the move is being undertaken for investment purposes, Mr Wilson added.
Those purchasing Canary Islands property for investment purposes may want to do so in a popular tourist area so they can rent it out to holidaymakers, such as the Costa Adeje on Tenerife.
In a Daily Telegraph feature this week, newsreader Huw Edwards said that this area is his favourite holiday location.
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