Property Prices in Santa Cruz de Tenerife, Spain

Index Info
Price to Income Ratio: 8.85
Mortgage as Percentage of Income: 61.62%
Loan Affordability Index: 1.62
Price to Rent Ratio - City Centre: 14.59
Price to Rent Ratio - Outside of Centre: 10.77
Gross Rental Yield (City Centre): 6.85%
Gross Rental Yield (Outside of Centre): 9.28%
Rent Per Month
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Apartment (1 bedroom) in City Centre 983.33 € 700.00-1,200.00
Apartment (1 bedroom) Outside of Centre 841.67 € 700.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,416.67 € 1,200.00-1,600.00
Apartment (3 bedrooms) Outside of Centre 1,183.33 € 900.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 264.77 € 204.38-325.16
Price per Square Feet to Buy Apartment Outside of Centre 165.68 € 92.90-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,308.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 3.50-5.00

These data are based on 61 entries in the past 18 months from 9 different contributors.
Last update: January 2025

Sources and References
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