Santa Cruz de la Palma · Santa Cruz de Tenerife

Street-front commercial unit with conversion potential

€60,000 1,200 €/m²

50 m² commercial premises in Santa Cruz de la Palma, distributed over two floors and requiring renovation. It has municipal authorization for conversion into a home and street-level access.

Reference 4201-0494 · On Inmoblia since 10 September 2026 · Published by Melini Getsl

The property

Specifications

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

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type
Retail unit
Built area
50 m²
Floors in the property
2
Floor
Bajo
Year built
1960
Condition
Needs renovation
Energy certificate
Exempt
Access
Street level
Fittings

Fittings and extras

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

  • Street level +15

How these values score

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+4.7% interanual
127.4 20112014201820212024 106.9 · 2011106.9 · 2011104 · 2012104 · 2012102.6 · 2013102.6 · 2013100.6 · 2014100.6 · 2014100 · 2015100 · 2015102.4 · 2016102.4 · 2016103.2 · 2017103.2 · 2017105.4 · 2018105.4 · 2018108.6 · 2019108.6 · 2019111 · 2020111 · 2020113.9 · 2021113.9 · 2021118.5 · 2022118.5 · 2022121.7 · 2023121.7 · 2023127.4 · 2024127.4 · 2024

Housing transactions

MIVAU · deals per year

−7.2% interanual
90 20112015201820222025 46 · 201146 · 201133 · 201233 · 201241 · 201341 · 201348 · 201448 · 201436 · 201536 · 201552 · 201652 · 201686 · 201786 · 2017116 · 2018116 · 2018107 · 2019107 · 201978 · 202078 · 202092 · 202192 · 2021160 · 2022160 · 202293 · 202393 · 202397 · 202497 · 202490 · 202590 · 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 Cruz de la Palma

Municipal demand

The structural depth of demand in the area.

+1.4%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)

Registered unemployment

SEPE · yearly average

−2.2% interanual
1,054 20192021202320242026 1,534 · 20191,534 · 20191,737 · 20201,737 · 20201,712 · 20211,712 · 20211,359 · 20221,359 · 20221,309 · 20231,309 · 20231,191 · 20241,191 · 20241,078 · 20251,078 · 20251,054 · 20261,054 · 2026

Average gross income

AEAT · annual tax return

+7.8% interanual
€28,253 20132016201820212023 €22,123 · 2013€22,123 · 2013€22,763 · 2014€22,763 · 2014€22,386 · 2015€22,386 · 2015€22,959 · 2016€22,959 · 2016€23,094 · 2017€23,094 · 2017€23,817 · 2018€23,817 · 2018€24,840 · 2019€24,840 · 2019€24,774 · 2020€24,774 · 2020€25,480 · 2021€25,480 · 2021€26,199 · 2022€26,199 · 2022€28,253 · 2023€28,253 · 2023

Registered population

INE · yearly population register

0.0% interanual
15,690 20112014201820222025 16,924 · 201116,924 · 201116,924 · 201116,924 · 201116,705 · 201216,705 · 201216,705 · 201216,705 · 201216,330 · 201316,330 · 201316,330 · 201316,330 · 201316,184 · 201416,184 · 201416,184 · 201416,184 · 201415,900 · 201515,900 · 201515,900 · 201515,900 · 201515,711 · 201615,711 · 201615,711 · 201615,711 · 201615,581 · 201715,581 · 201715,581 · 201715,581 · 201715,674 · 201815,674 · 201815,674 · 201815,674 · 201815,716 · 201915,716 · 201915,716 · 201915,716 · 201915,695 · 202015,695 · 202015,695 · 202015,695 · 202015,446 · 202115,446 · 202115,446 · 202115,446 · 202115,361 · 202215,361 · 202215,361 · 202215,361 · 202215,441 · 202315,441 · 202315,441 · 202315,441 · 202315,565 · 202415,565 · 202415,565 · 202415,565 · 202415,690 · 202515,690 · 202515,690 · 202515,690 · 2025

Net international migration

INE · immigration − emigration · yearly

+17.4% interanual
297 2021202220232024 104 · 2021104 · 2021249 · 2022249 · 2022253 · 2023253 · 2023297 · 2024297 · 2024
Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

They sell for…

Comparable sales in Santa Cruz de la Palma, including those already sold.

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 activity licence granted and the uses planning permits for your intended activity.
  • Smoke outlet and ventilation if it is destined for hospitality, and the contracted electrical capacity.
  • Whether it is a sale, a leasehold transfer or a rental, the current tenancy position and the cost of fitting-out works.
  • 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.