Property Prices in Santa Cruz de Tenerife, Spain

Index Info
Price to Income Ratio: 8.10
Mortgage as Percentage of Income: 56.35%
Loan Affordability Index: 1.77
Price to Rent Ratio - City Centre: 13.37
Price to Rent Ratio - Outside of Centre: 10.21
Gross Rental Yield (City Centre): 7.48%
Gross Rental Yield (Outside of Centre): 9.79%
Rent Per Month
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Apartment (1 bedroom) in City Centre 875.00 € 700.00-1,200.00
Apartment (1 bedroom) Outside of Centre 812.50 € 700.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,275.00 € 1,200.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 1,175.00 € 1,000.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 216.77 € 167.22-278.71
Price per Square Feet to Buy Apartment Outside of Centre 153.29 € 92.90-241.55
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,230.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 3.50-3.50

These data are based on 44 entries in the past 18 months from 7 different contributors.
Last update: October 2024

Sources and References
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