Municipality · Santa Cruz de Tenerife

Investing in Sauzal, El: 7 €/m²/month in rent and 4.2% gross yield

Buying in Sauzal, El costs 2,111 €/m² on average and renting goes for 7 €/m² a month, leaving a gross yield of 4.2% before costs and taxes. It is essentially the Spanish average (4.2%), with purchase prices above the Spanish average.

7 €/m²/monthRent90 m² home: €664/month
2,111 €/m²Purchase90 m² home: €189,990
4.2%Gross yieldAnnual rent over purchase price
46/100Momentum50 = flat market
The map

Sauzal, El within Santa Cruz de Tenerife

Where the municipality sits and how it compares with its neighbours.

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 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 yieldSauzal, El · 4.2% gross yield Sauzal, El4.2% Sauzal, El4.2%
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 36 of 54 among the municipalities of its province.

Sauzal, El has 9,345 residents, an average gross household income of €30,048 a year. These are signals of how deep housing demand runs, not of the risk of any one tenant.

In favour

  • 2 properties analysedWe hold stock for sale here, each with its own investment score.

Against

  • 1.3 transactions per 1,000 residentsAn illiquid market: expect longer selling times.
The market

What it costs and what it earns

The market level in Sauzal, El and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².

23.8 yearsPrice / Rent (PER)Years of rent to pay off the purchase
6.3 yearsAffordabilityHousehold incomes to pay for 90 m²
27%Rent burdenAnnual rent as a share of household income
0.40%Urban IBIRate approved by the town hall
2,111 €/m²Purchase price
Spain 2,028 €/m² €/m² of transactions, population-weighted average
7 €/m²/monthRent
Spain 7 €/m² €/m² a month, population-weighted average
4.2%Gross yield
Spain 4.2% annual rent over purchase price, before costs
The comparison

Where it stands against the rest

Sauzal, El's percentile among the municipalities with enough data, computed on the same figure for all of them.

Gross yield4.2%
17
PeorMedianaMejor
Rent level7 €/m²/month
96
PeorMedianaMejor
Momentum46/100
48
PeorMedianaMejor

Within Santa Cruz de Tenerife it ranks 36 of 54 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.

1.3Market turnover
Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell
€30,048Gross household income
Spain €31,185 annual income tax returns (AEAT), population-weighted territorial average
5.5‰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

Repossessions are a provincial figure (INE): they describe the market in Santa Cruz de Tenerife, not this municipality alone.

The costs

Municipal costs and taxes

What the town hall and the cadastre set for this municipality, which is what the owner pays every year whether it is let or not.

0.400%Urban IBI rateApproved by the town hall
2007Last cadastral revisionThe older it is, the more outdated the cadastral value
€380/yearIBI on a standard homeEstimated on 90 m² and the average cadastral value
The trend

How it has moved

Official series for Sauzal, El over recent years. Where a series is missing, the municipality does not publish it.

Housing transactions

MIVAU · deals per year

−3.6% interanual
54 20112015201820222025 29 · 201129 · 201132 · 201232 · 201243 · 201343 · 201334 · 201434 · 201432 · 201532 · 201551 · 201651 · 201639 · 201739 · 201754 · 201854 · 201850 · 201950 · 201961 · 202061 · 202060 · 202160 · 202173 · 202273 · 202249 · 202349 · 202356 · 202456 · 202454 · 202554 · 2025

Registered unemployment

SEPE · yearly average

−6.1% interanual
557 20192021202320242026 854 · 2019854 · 2019966 · 2020966 · 2020962 · 2021962 · 2021819 · 2022819 · 2022704 · 2023704 · 2023650 · 2024650 · 2024593 · 2025593 · 2025557 · 2026557 · 2026

Average gross income

AEAT · annual tax return

+4.7% interanual
€30,048 20132016201820212023 €23,760 · 2013€23,760 · 2013€24,019 · 2014€24,019 · 2014€24,569 · 2015€24,569 · 2015€24,807 · 2016€24,807 · 2016€25,270 · 2017€25,270 · 2017€26,281 · 2018€26,281 · 2018€26,557 · 2019€26,557 · 2019€26,679 · 2020€26,679 · 2020€27,698 · 2021€27,698 · 2021€28,699 · 2022€28,699 · 2022€30,048 · 2023€30,048 · 2023

Registered population

INE · yearly population register

0.0% interanual
9,345 20112014201820222025 9,065 · 20119,065 · 20119,065 · 20119,065 · 20119,037 · 20129,037 · 20129,037 · 20129,037 · 20129,076 · 20139,076 · 20139,076 · 20139,076 · 20138,998 · 20148,998 · 20148,998 · 20148,998 · 20148,930 · 20158,930 · 20158,930 · 20158,930 · 20158,873 · 20168,873 · 20168,873 · 20168,873 · 20168,873 · 20178,873 · 20178,873 · 20178,873 · 20178,947 · 20188,947 · 20188,947 · 20188,947 · 20188,934 · 20198,934 · 20198,934 · 20198,934 · 20198,940 · 20208,940 · 20208,940 · 20208,940 · 20208,918 · 20218,918 · 20218,918 · 20218,918 · 20219,005 · 20229,005 · 20229,005 · 20229,005 · 20229,145 · 20239,145 · 20239,145 · 20239,145 · 20239,278 · 20249,278 · 20249,278 · 20249,278 · 20249,345 · 20259,345 · 20259,345 · 20259,345 · 2025

Net international migration

INE · immigration − emigration · yearly

−39.3% interanual
51 2021202220232024 73 · 202173 · 202183 · 202283 · 202284 · 202384 · 202351 · 202451 · 2024
Nearby

Alternatives in Santa Cruz de Tenerife

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

The inventory

What is for sale in Sauzal, El

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

2Properties analysed
€311,500Median priceOf the adverts for sale
53/100Median scoreMedian investment quality of the catalogue

See the 2 properties in Sauzal, El

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

90/100

What this page does not show is what is not published about the municipality, not a zero.

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

When each figure is from

This is the latest figure published by each source for this municipality.

rent
2025
sale
2025
household income
2023
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.