Santa Úrsula · Santa Cruz de Tenerife

Reformed industrial warehouse in Santa Úrsula

€686,000

Recently renovated 1,144 m² industrial warehouse in Santa Úrsula with a new electrical panel and water connection. The site may accommodate a substantial parking area.

Reference ADR-NV-01 · On Inmoblia since 3 September 2026 · Published by Doniz Realty

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Type
Industrial unit
Usable area
1,144 m²
Condition
Good condition
Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

The advert also mentions:

  • New electrical panel
  • Water connection
  • Potential for on-site parking

Free text we could not normalise into a comparable attribute, so it does not score.

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

  • In good conditionNo renovation needed to put it on the rental market.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+4.6% interanual
122.9 20112014201820212024 97.4 · 201197.4 · 2011100.5 · 2012100.5 · 201298.4 · 201398.4 · 201397.8 · 201497.8 · 2014100 · 2015100 · 2015100.2 · 2016100.2 · 2016101.3 · 2017101.3 · 2017102.7 · 2018102.7 · 2018105.8 · 2019105.8 · 2019108.1 · 2020108.1 · 2020111.5 · 2021111.5 · 2021114 · 2022114 · 2022117.5 · 2023117.5 · 2023122.9 · 2024122.9 · 2024

Housing transactions

MIVAU · deals per year

−0.7% interanual
147 20112015201820222025 68 · 201168 · 201159 · 201259 · 201299 · 201399 · 2013123 · 2014123 · 201483 · 201583 · 2015112 · 2016112 · 2016113 · 2017113 · 2017123 · 2018123 · 2018114 · 2019114 · 2019109 · 2020109 · 2020196 · 2021196 · 2021178 · 2022178 · 2022142 · 2023142 · 2023148 · 2024148 · 2024147 · 2025147 · 2025

These series describe the municipality's housing market; for this asset they are context for the area, not for its own segment.

Investment guide for Santa Úrsula

Municipal demand

The structural depth of demand in the area.

+1.8%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
24%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+11.2‰Net migration
median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−5.1% interanual
1,226 20192021202320242026 1,623 · 20191,623 · 20191,867 · 20201,867 · 20201,852 · 20211,852 · 20211,572 · 20221,572 · 20221,423 · 20231,423 · 20231,347 · 20241,347 · 20241,292 · 20251,292 · 20251,226 · 20261,226 · 2026

Average gross income

AEAT · annual tax return

+4.9% interanual
€26,811 20132016201820212023 €19,334 · 2013€19,334 · 2013€19,520 · 2014€19,520 · 2014€20,799 · 2015€20,799 · 2015€21,225 · 2016€21,225 · 2016€22,097 · 2017€22,097 · 2017€23,198 · 2018€23,198 · 2018€23,841 · 2019€23,841 · 2019€22,592 · 2020€22,592 · 2020€23,761 · 2021€23,761 · 2021€25,548 · 2022€25,548 · 2022€26,811 · 2023€26,811 · 2023

Registered population

INE · yearly population register

0.0% interanual
15,429 20112014201820222025 14,333 · 201114,333 · 201114,333 · 201114,333 · 201114,374 · 201214,374 · 201214,374 · 201214,374 · 201214,545 · 201314,545 · 201314,545 · 201314,545 · 201314,296 · 201414,296 · 201414,296 · 201414,296 · 201414,246 · 201514,246 · 201514,246 · 201514,246 · 201514,125 · 201614,125 · 201614,125 · 201614,125 · 201614,189 · 201714,189 · 201714,189 · 201714,189 · 201714,445 · 201814,445 · 201814,445 · 201814,445 · 201814,679 · 201914,679 · 201914,679 · 201914,679 · 201914,953 · 202014,953 · 202014,953 · 202014,953 · 202014,987 · 202114,987 · 202114,987 · 202114,987 · 202115,114 · 202215,114 · 202215,114 · 202215,114 · 202215,285 · 202315,285 · 202315,285 · 202315,285 · 202315,386 · 202415,386 · 202415,386 · 202415,386 · 202415,429 · 202515,429 · 202515,429 · 202515,429 · 2025

Net international migration

INE · immigration − emigration · yearly

173 2021202220232024 35 · 202135 · 2021199 · 2022199 · 20220 · 20230 · 2023173 · 2024173 · 2024

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

  • The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
  • The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
  • Charges, mortgages, seizures or easements in the Land Registry extract.