Province

Investing in Santa Cruz de Tenerife: 7 €/m²/month in rent and 4.1% gross yield

Buying in Santa Cruz de Tenerife costs 2,155 €/m² on average and renting goes for 7 €/m² a month, leaving a gross yield of 4.1% before costs and taxes. It is essentially the Spanish average (4.2%), with purchase prices above the Spanish average.

7 €/m²/monthRent90 m² home: €658/month
2,155 €/m²Purchase90 m² home: €193,950
4.1%Gross yieldAnnual rent over purchase price
62/100Momentum50 = flat market
The map

The map of Santa Cruz de Tenerife

Its municipalities, coloured by gross yield. Grey ones publish too little data.

Santa Cruz de Tenerife · 4.0% gross yieldSan Cristóbal de La Laguna · 4.2% gross yieldArona · 3.8% gross yieldGranadilla de Abona · 4.1% gross yieldAdeje · 3.3% gross yieldOrotava, La · 4.0% gross yieldRealejos, Los · 4.1% gross yieldPuerto de la Cruz · 4.0% gross yieldCandelaria · 4.0% gross yieldTacoronte · 4.5% gross yieldIcod de los Vinos · 4.9% gross yieldSan Miguel de Abona · 4.0% gross yieldGuía de Isora · 3.1% gross yieldGüímar · 4.2% gross yieldLlanos de Aridane, Los · 4.4% gross yieldRosario, El · 4.2% gross yieldSanta Cruz de la Palma · 4.2% gross yieldSanta Úrsula · 4.9% gross yieldSantiago del Teide · 3.1% gross yieldTegueste · 3.9% gross yieldSan Sebastián de la Gomera · 4.0% gross yieldArico · 3.6% gross yieldVictoria de Acentejo, La · 4.4% gross yieldSauzal, El · 4.2% gross yieldMatanza de Acentejo, La · 4.4% gross yieldPaso, El · 4.2% gross yieldBreña Alta · 4.6% gross yieldBreña Baja · 4.3% gross yieldArafo · 4.2% gross yieldGuancha, La · 5.1% gross yieldValverde · 4.6% gross yieldVilla de Mazo · 4.4% gross yieldSan Juan de la Rambla · 4.9% gross yieldGarachico · 4.6% gross yieldValle Gran Rey · 4.3% gross yieldSilos, Los · 4.0% gross yieldBuenavista del Norte · 4.7% gross yieldFrontera · 4.4% gross yieldTazacorte · 4.4% gross yieldSan Andrés y Sauces · 4.7% gross yieldFasnia · 4.7% gross yieldVallehermoso · 5.3% gross yieldPuntallana · 4.9% gross yieldTanque, El · 4.7% gross yieldTijarafe · 5.1% gross yieldPuntagorda · 5.0% gross yieldBarlovento · 5.0% gross yieldAlajeró · 4.4% gross yieldPinar de El Hierro, El · 4.4% gross yieldGarafía · 4.9% gross yieldFuencaliente de la Palma · 4.9% gross yieldHermigua · 4.6% gross yieldVilaflor de Chasna · 4.8% gross yieldAgulo · 4.9% gross yield
Gross yield < 3%3–4 %4–5 %5–6 %≥ 6% sin datos

Administrative boundaries from the Spanish National Geographic Institute (CC BY 4.0). The Canary Islands are drawn shifted, as on any map of Spain.

The verdict

What the analysis sees

The specific signals the official data leaves about this market, before going into detail.

On gross yield it ranks 2 of 2 among the provinces of its region.

Santa Cruz de Tenerife has 1,082,421 residents, an average gross household income of €26,897 a year, an approximate unemployment rate of 14% (above the Spanish average). These are signals of how deep housing demand runs, not of the risk of any one tenant.

In favour

  • Momentum 62/100Appraised prices, rents, transactions and population are all rising in the latest data.
  • 456 properties analysedWe hold stock for sale here, each with its own investment score.

Against

  • 2.5 transactions per 1,000 residentsAn illiquid market: expect longer selling times.
  • Approximate unemployment of 14%Above the Spanish average: this is market context, not a measure of tenant risk.
The market

What it costs and what it earns

The market level in Santa Cruz de Tenerife and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².

24.6 yearsPrice / Rent (PER)Years of rent to pay off the purchase
7.2 yearsAffordabilityHousehold incomes to pay for 90 m²
29%Rent burdenAnnual rent as a share of household income
0.51%Urban IBIHousing-stock-weighted average

Within Santa Cruz de Tenerife municipalities sit on average 26% away from that figure: real dispersion between local markets, not the estimate's margin of error. Drill down to a municipality to see its own.

2,155 €/m²Purchase price
Spain 2,028 €/m² €/m² of transactions, population-weighted average
7 €/m²/monthRent
Spain 7 €/m² €/m² a month, population-weighted average
4.1%Gross yield
Spain 4.2% annual rent over purchase price, before costs
The contrast

Expensive or profitable

Each municipality with enough data placed by what it costs to buy and what it earns. Top left is cheap and profitable; bottom right is expensive and earns little.

Spain 2,028 €/m²Spain 4.2% Santa Cruz de Tenerife · 2,381 €/m² · 4.0%San Cristóbal de La Laguna · 2,058 €/m² · 4.2%Arona · 2,886 €/m² · 3.8%Granadilla de Abona · 2,465 €/m² · 4.1%Adeje · 3,784 €/m² · 3.3%Orotava, La · 1,776 €/m² · 4.0%Realejos, Los · 1,772 €/m² · 4.1%Puerto de la Cruz · 3,029 €/m² · 4.0%Candelaria · 2,786 €/m² · 4.0%Tacoronte · 1,678 €/m² · 4.5%Icod de los Vinos · 1,299 €/m² · 4.9%San Miguel de Abona · 2,261 €/m² · 4.0%Guía de Isora · 2,434 €/m² · 3.1%Güímar · 1,910 €/m² · 4.2%Llanos de Aridane, Los · 1,636 €/m² · 4.4%Rosario, El · 1,958 €/m² · 4.2%Santa Cruz de la Palma · 1,984 €/m² · 4.2%Santa Úrsula · 1,465 €/m² · 4.9%Santiago del Teide · 3,556 €/m² · 3.1%Tegueste · 2,180 €/m² · 3.9%San Sebastián de la Gomera · 2,490 €/m² · 4.0%Arico · 2,004 €/m² · 3.6%Victoria de Acentejo, La · 1,653 €/m² · 4.4%Sauzal, El · 2,111 €/m² · 4.2%Matanza de Acentejo, La · 1,624 €/m² · 4.4%Paso, El · 1,913 €/m² · 4.2%Breña Alta · 1,436 €/m² · 4.6%Breña Baja · 1,888 €/m² · 4.3%Arafo · 1,764 €/m² · 4.2%Guancha, La · 990 €/m² · 5.1%Valverde · 1,302 €/m² · 4.6%Villa de Mazo · 1,589 €/m² · 4.4%San Juan de la Rambla · 1,106 €/m² · 4.9%Garachico · 1,486 €/m² · 4.6%Valle Gran Rey · 1,795 €/m² · 4.3%Silos, Los · 1,948 €/m² · 4.0%Buenavista del Norte · 1,166 €/m² · 4.7%Frontera · 1,579 €/m² · 4.4%Tazacorte · 1,587 €/m² · 4.4%San Andrés y Sauces · 1,365 €/m² · 4.7%Fasnia · 1,294 €/m² · 4.7%Vallehermoso · 889 €/m² · 5.3%Puntallana · 1,174 €/m² · 4.9%Tanque, El · 1,325 €/m² · 4.7%Tijarafe · 1,008 €/m² · 5.1%Puntagorda · 1,067 €/m² · 5.0%Barlovento · 1,066 €/m² · 5.0%Alajeró · 1,788 €/m² · 4.4%Pinar de El Hierro, El · 1,722 €/m² · 4.4%Garafía · 1,216 €/m² · 4.9%Fuencaliente de la Palma · 1,174 €/m² · 4.9%Hermigua · 1,146 €/m² · 4.6%Vilaflor de Chasna · 1,245 €/m² · 4.8%Agulo · 1,107 €/m² · 4.9% VallehermosoGuancha, LaTijarafeGuía de IsoraSantiago del TeideAdejeSanta Cruz de TenerifeSan Cristóbal de La LagunaAronaOrotava, LaRealejos, LosPuerto de la CruzCandelariaTacoronteIcod de los VinosLlanos de Aridane, LosSanta ÚrsulaTeguesteAricoBreña AltaValverdeFasniaPuntallanaHermigua VallehermosoGuía de IsoraSantiago del TeideAdejeSanta Cruz de TenerifeSan Cristóbal de La Laguna 1,000 €/m²2,000 €/m²3,000 €/m² 3.0%4.0%5.0% Gross yield Purchase price (€/m²)
The comparison

Where it stands against the rest

Santa Cruz de Tenerife's percentile among the 52 provinces, computed on the same figure for all of them.

Gross yield4.1%
16
PeorMedianaMejor
Rent level7 €/m²/month
78
PeorMedianaMejor
Momentum62/100
88
PeorMedianaMejor

Within Canarias it ranks 2 of 2 on gross yield.

The demand

Demand, employment and liquidity

The structural depth of the market: how many people live here, what they earn, how much changes hands and what stress it carries. This is market context, never a measure of tenant risk.

2.5Market turnover
Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell
14%Unemployment (approx.)
Spain 11% registered unemployed over unemployed + social security contributors
€26,897Gross household income
Spain €31,185 annual income tax returns (AEAT), population-weighted territorial average
11.7‰Net migration
Spain 12.8‰ arrivals minus departures from abroad per 1,000 residents
0.57Repossession pressure
Spain 0.55 housing repossessions per 1,000 dwellings of the provincial stock · 2025
The risk

Housing repossessions

A figure the INE only publishes per province: how many urban dwellings end in repossession, against the total stock. It measures market stress, not tenant risk.

0.57Repossessions per 1,000 dwellings2025
2.5Market turnoverTransactions a year per 1,000 residents
54Municipalities in the provinceEach with its own guide
Inside Santa Cruz de Tenerife

The municipalities of Santa Cruz de Tenerife

The 40 most populated with their market level; the remaining 14 are linked below.

TerritoryPurchaseRentGross yieldMomentumAdverts
Santa Cruz de TenerifeIn line with the Spanish average 2,381 €/m² 8 €/m²/month 4.0% 66/100 38
San Cristóbal de La LagunaIn line with the Spanish average 2,058 €/m² 7 €/m²/month 4.2% 58/100 25
AronaIn line with the Spanish average 2,886 €/m² 9 €/m²/month 3.8% 69/100 67
Granadilla de AbonaIn line with the Spanish average 2,465 €/m² 8 €/m²/month 4.1% 78/100 20
AdejeExpensive market relative to local income 3,784 €/m² 11 €/m²/month 3.3% 48/100 65
Orotava, LaIn line with the Spanish average 1,776 €/m² 6 €/m²/month 4.0% 55/100 6
Realejos, LosIn line with the Spanish average 1,772 €/m² 6 €/m²/month 4.1% 84/100 7
Puerto de la CruzIn line with the Spanish average 3,029 €/m² 10 €/m²/month 4.0% 52/100 11
CandelariaIn line with the Spanish average 2,786 €/m² 9 €/m²/month 4.0% 83/100 16
TacoronteIn line with the Spanish average 1,678 €/m² 6 €/m²/month 4.5% 43/100 2
Icod de los VinosYield above the average 1,299 €/m² 5 €/m²/month 4.9% 50/100 22
San Miguel de AbonaIn line with the Spanish average 2,261 €/m² 8 €/m²/month 4.0% 76/100 31
Guía de IsoraExpensive market relative to local income 2,434 €/m² 6 €/m²/month 3.1% 59/100 12
GüímarIn line with the Spanish average 1,910 €/m² 7 €/m²/month 4.2% 57/100 23
Llanos de Aridane, LosIn line with the Spanish average 1,636 €/m² 6 €/m²/month 4.4% 47/100
Rosario, ElIn line with the Spanish average 1,958 €/m² 7 €/m²/month 4.2% 55/100 2
Santa Cruz de la PalmaIn line with the Spanish average 1,984 €/m² 7 €/m²/month 4.2% 80/100
Santa ÚrsulaYield above the average 1,465 €/m² 6 €/m²/month 4.9% 43/100 5
Santiago del TeideExpensive market relative to local income 3,556 €/m² 9 €/m²/month 3.1% 64/100 34
TeguesteIn line with the Spanish average 2,180 €/m² 7 €/m²/month 3.9% 78/100 1
San Sebastián de la GomeraIn line with the Spanish average 2,490 €/m² 8 €/m²/month 4.0% 26/100 3
AricoIn line with the Spanish average 2,004 €/m² 6 €/m²/month 3.6% 100/100 12
Victoria de Acentejo, LaIn line with the Spanish average 1,653 €/m² 6 €/m²/month 4.4% 39/100
Sauzal, ElIn line with the Spanish average 2,111 €/m² 7 €/m²/month 4.2% 46/100 2
Matanza de Acentejo, LaIn line with the Spanish average 1,624 €/m² 6 €/m²/month 4.4% 63/100
Paso, ElIn line with the Spanish average 1,913 €/m² 7 €/m²/month 4.2% 91/100
Breña AltaIn line with the Spanish average 1,436 €/m² 6 €/m²/month 4.6% 83/100
Breña BajaIn line with the Spanish average 1,888 €/m² 7 €/m²/month 4.3% 80/100
ArafoIn line with the Spanish average 1,764 €/m² 6 €/m²/month 4.2% 51/100 8
Guancha, LaYield above the average 990 €/m² 4 €/m²/month 5.1% 88/100 1
ValverdeIn line with the Spanish average 1,302 €/m² 5 €/m²/month 4.6% 38/100 10
Villa de MazoIn line with the Spanish average 1,589 €/m² 6 €/m²/month 4.4% 37/100 1
San Juan de la RamblaYield above the average 1,106 €/m² 5 €/m²/month 4.9% 47/100
GarachicoIn line with the Spanish average 1,486 €/m² 6 €/m²/month 4.6% 28/100 3
Valle Gran ReyIn line with the Spanish average 1,795 €/m² 6 €/m²/month 4.3% 20/100 1
Silos, LosIn line with the Spanish average 1,948 €/m² 6 €/m²/month 4.0% 76/100 3
Buenavista del NorteIn line with the Spanish average 1,166 €/m² 5 €/m²/month 4.7% 65/100 1
FronteraIn line with the Spanish average 1,579 €/m² 6 €/m²/month 4.4% 64/100 4
TazacorteIn line with the Spanish average 1,587 €/m² 6 €/m²/month 4.4% 59/100
San Andrés y SaucesIn line with the Spanish average 1,365 €/m² 5 €/m²/month 4.7% 43/100
Nearby

Alternatives in Canarias

Territories of the same level ranked by gross yield, to compare before deciding.

The inventory

What is for sale in Santa Cruz de Tenerife

Our catalogue in this territory, with an investment score computed property by property.

456Properties analysed14 at auction
€200,000Median priceOf the adverts for sale
49/100Median scoreMedian investment quality of the catalogue

See the 456 properties in Santa Cruz de Tenerife

The method

How this page is calculated

Where each figure comes from, over which territory and from what date. Confidence measures data coverage, never investment quality.

Data coverage

100/100

Santa Cruz de Tenerife covers 54 municipalities. Every figure is computed by summing or population-weighting those municipalities, never by averaging their percentages.

  • official rent series (SERPAVI) 9 of 54
  • series sufficient to measure momentum 54 of 54
  • official appraised value (MIVAU) 9 of 54
  • estimated market level 54 of 54
  • our own adverts 37 of 54

When each figure is from

For an aggregate we show the oldest figure from each source, since that is what limits how the whole can be read.

rent
2024
sale
2025
household income
2023
official appraisal
2026Q1
population register
2025
registered transactions
2026Q1
registered unemployment
2026M06
MIVAUAppraised housing value and registered transactions
SERPAVIOfficial reference rent index
INEPopulation register, migration and repossessions
AEATAverage gross household income
SEPE and Social SecurityRegistered unemployment and contributions
CatastroCadastral value, age and IBI rate
InmobliaOur own catalogue of adverts, each with its investment score

An indicative statistical estimate for comparing markets, not an appraisal or an investment recommendation. Gross yield does not deduct costs, IBI, insurance, voids or taxes.