Apartments for sale in Tenerife to live in and invest
The most interesting apartments on sale now, from an apartment by La Laguna university to an apartment with a terrace in Costa Adeje, price per m² and yield by island town, costs on top of the price and what the purchase gives for status.
In 2026 a square metre in Santa Cruz de Tenerife costs about $2,840 (2,530 euros) in listings, from $1,770 in Icod to $5,340 in Adeje across the island. Long-term letting in Santa Cruz brings 6.7% a year before tax, in Icod 7.9%. An apartment by La Laguna university costs $101,000; residence through purchase closed in 2025.
Below are the most interesting offers on sale now, price per m² and rental yield by island town, and every cost on top of the price. A manager will find a property for your requirements.
The market in brief
Data for 2026.
What apartments are for sale in Tenerife
The most interesting apartments from $101,000 to $297,000 in La Laguna and Santa Cruz in the north of the island, in Puerto de la Cruz, by the Los Gigantes cliffs, by the Playa Paraíso and Las Vistas beaches, in La Camella and Costa Adeje. A manager will find an apartment for your requirements and send the documents, floor plans and similar options in the chat.
An 87 m² four-room apartment by La Laguna university
$101,000
An 87 m² apartment on the 4th floor of a 1980s building without a lift in the Las Chumberas area: a living and dining room, a kitchen, three bedrooms and a bathroom. The university, the Taco and Los Majuelos shopping areas and the TF-2 and TF-5 motorways are nearby. A square metre here costs $1,170 (1,040 €), less than half the La Laguna median of $2,660. The average long-term rental yield in La Laguna is 6.8% a year before tax.
A 90 m² five-room apartment to renovate in Santa Cruz de Tenerife
$135,000
A large bright 90 m² apartment with four bedrooms in the quiet El Cardonal area, near the church and Los Majuelos avenue. The apartment needs renovation. A square metre here costs $1,500 (1,340 €), 47% below the Santa Cruz median asking price of $2,840. The average long-term rental yield in Santa Cruz is 6.7% a year before tax.
A 70 m² two-room apartment with a large terrace and a beach view
$180,000
A 70 m² apartment in Playa Paraíso in the south of the island, with windows on all sides: a bedroom, a spacious bathroom and a large living and dining room with an open kitchen. Its main feature is a large terrace looking straight onto the beach. A shopping centre is opposite, with two coves, restaurants and supermarkets nearby. A square metre here costs $2,570 (2,290 €), half the Adeje median of $5,340.
A 45 m² two-room apartment with a terrace and a garden view in Puerto de la Cruz
$187,000
A 45 m² lower-floor apartment in the quiet El Durazno area: a bedroom with a built-in wardrobe, a bathroom, a living room with a kitchen and a terrace overlooking the shared garden. The building was recently updated, including the facade, with a roof solarium overlooking all of Puerto de la Cruz and a heated pool among gardens. The average long-term rental yield in Puerto de la Cruz is 5.6% a year before tax.
A renovated 66 m² two-room apartment 50 m from the sea by the Los Gigantes cliffs
$219,000
A 66 m² apartment in Poblado Marinero on the second line from the sea: the shore is 50 m away, with the marina and Los Guíos beach nearby. A bedroom, a bathroom, a kitchen with appliances and a bright living room with a sofa bed, and the private terrace looks onto the Los Gigantes cliffs. The apartment has been renovated and is sold furnished, ready to move into. The average long-term rental yield in Santiago del Teide is 4.9% a year before tax.
A 52 m² studio 150 m from Las Vistas beach
$225,000
A 52 m² studio, 46 m² of it usable, on the 2nd floor of a building with a lift and a shared pool in Playa del Camisón, between Los Cristianos and Playa de las Américas. Las Vistas beach is 150 m away, with restaurants, shops and supermarkets all around. The average long-term rental yield in Arona is 5.7% a year before tax.
A 104 m² three-room top-floor apartment with a 50 m² terrace and an ocean view
$230,000
A 104 m² apartment on the top floor of a building with a lift in the quiet, sunny La Camella area: two bright bedrooms and a private 50 m² terrace with a panoramic ocean view. A bus stop is 50 m away, and Los Cristianos and Playa de las Américas are 5 minutes by car. A square metre here costs $2,220 (1,980 €), half the Arona median of $4,380.
A renovated 61 m² two-room apartment with a terrace in Costa Adeje
$297,000
A 61 m² apartment on the 1st floor in Costa Adeje after a recent renovation: a spacious living room, a bedroom, a kitchen with appliances and a bathroom. The large private terrace overlooks the pool, and the complex has several pools, one of them heated, a few steps from the door. Building fees are $135 (120 €) a month and property tax $340 (300 €) a year. The average long-term rental yield in Adeje is 4.8% a year before tax.
How much a square metre costs in Tenerife towns
The table shows the median asking price by Tenerife town from the index, October 2026. The Santa Cruz de Tenerife median asking price is about $2,840 (2,530 euros) per m², and the Ministry of Housing estimate for the second quarter of 2026 is about $2,600 (2,330 euros). A square metre is most expensive in the south-west, in Guía de Isora and Adeje, $5,080-5,340, and in Arona, $4,380, and cheapest in Icod de los Vinos, $1,770, and Los Realejos, $2,560. Over the year housing in Santa Cruz de Tenerife province rose by 15.2% by the ministry estimate.
| Town | Per m², $ | Per m², euros | 60 m² apartment, $ |
|---|---|---|---|
| Adeje | $5,340 | 4,760 | $321,000 |
| Guía de Isora | $5,080 | 4,520 | $305,000 |
| Arona | $4,380 | 3,900 | $263,000 |
| Santiago del Teide | $4,360 | 3,880 | $262,000 |
| Puerto de la Cruz | $4,040 | 3,600 | $243,000 |
| San Miguel de Abona | $3,590 | 3,200 | $216,000 |
| Granadilla de Abona | $3,220 | 2,870 | $193,000 |
| Candelaria | $2,730 | 2,430 | $164,000 |
| La Orotava | $2,680 | 2,380 | $161,000 |
| La Laguna | $2,660 | 2,370 | $160,000 |
| Los Realejos | $2,560 | 2,280 | $154,000 |
| Icod de los Vinos | $1,770 | 1,580 | $106,000 |
| All Santa Cruz de Tenerife | $2,840 | 2,530 | $170,000 |
Data for October 2026: the median asking price of housing by Tenerife town from the index on 20 October 2026; all Santa Cruz de Tenerife is the median asking price across the city from the same index; the ministry estimate and price growth in the province are the appraised value of housing from the Spanish Ministry of Housing, second quarter of 2026. Dollars at 1.1225 dollars per euro (European Central Bank, 19 October 2026).
What rental yield an apartment in Tenerife gives
Long-term letting in Santa Cruz de Tenerife brings 6.7% a year before tax: a 60 m² apartment rents for about $960 (850 euros) a month. The yield is highest in Icod de los Vinos, 7.9%, and in Granadilla de Abona and Candelaria, 7.1%: a square metre there costs $1,770-3,220, and a 60 m² apartment rents for $700-1,140 a month. In the south-west, in Adeje, Santiago del Teide and Guía de Isora, the yield is 4.8-5.0%: a square metre there is the most expensive.
| Town | Rent of 60 m² a month | Yield a year |
|---|---|---|
| Icod de los Vinos | $700 (630 euros) | 7.9% |
| Granadilla de Abona | $1,140 (1,020 euros) | 7.1% |
| Candelaria | $970 (870 euros) | 7.1% |
| La Laguna | $900 (800 euros) | 6.8% |
| Los Realejos | $860 (770 euros) | 6.7% |
| San Miguel de Abona | $1,150 (1,030 euros) | 6.4% |
| La Orotava | $850 (760 euros) | 6.3% |
| Arona | $1,240 (1,110 euros) | 5.7% |
| Puerto de la Cruz | $1,140 (1,020 euros) | 5.6% |
| Guía de Isora | $1,280 (1,140 euros) | 5.0% |
| Santiago del Teide | $1,060 (950 euros) | 4.9% |
| Adeje | $1,280 (1,140 euros) | 4.8% |
| All Santa Cruz de Tenerife | ~$960 (850 euros) | 6.7% |
Data for October 2026: the index of median asking rents and sale prices of housing by Tenerife town on 20 October 2026, rent for a 60 m² apartment; all Santa Cruz de Tenerife is the average rent and asking price from the same index. The yield is gross, before tax, building costs and vacancy between tenants.
Since 13 December 2025 the Canary Islands law 6/2025 on the tourist use of housing has applied: an apartment can be let to tourists only where the municipal town plan expressly allows it, and only in a building over 10 years old. That is why the yield in the list is calculated on long-term letting.
A non-resident from outside the European Union pays 24% of the rent, an EU citizen 19% after expenses. Rates and the tax on sale are on the page taxes in Spain.
What costs to add to the price of an apartment
The main payment on resale is the Canary Islands property transfer tax, 6.5% of the price or the cadastral reference value, whichever is higher. For a new home from a developer, the Canary sales tax of 7% and stamp duty of 1% are paid instead. The deposit under the deposit contract is 10% of the price and is part of the price.
| Payment | Apartment for $225,000 (200,000 euros) | Share of price |
|---|---|---|
| Canary Islands property transfer tax | $14,600 (13,000 euros) | 6.5% |
| Notary and property registry | $790-1,240 (700-1,100 euros) | 0.4-0.6% |
| Foreigner number and a Spanish bank account | needed before the deal | state fee and bank tariff |
| Total on top of the price | $15,380-15,830 (13,700-14,100 euros) | 6.9-7.1% |
Data for 2026: the tax rate is set by the consolidated text on Canary Islands taxes, Legislative Decree 1/2009 as amended, notary and property registry fees by state tariffs. If a representative signs the deal, add a power of attorney with an apostille and a sworn translation. A manager will calculate the costs for a specific apartment.
In Tenerife an apartment is checked before the deposit
A mistake costs more than the tax: premises without a certificate of fitness for living are sold as an apartment, people live in it without a right to, it carries debts on property tax and building fees, or the listing promises a tourist licence the apartment does not have. A 10% deposit stays with the seller if you back out. Murblz support removes these risks: we choose the apartment, check the registry, cadastre, certificate and seller, arrange the foreigner number and account, and handle the deal at the notary up to registration of title together with locally licensed partners.
The cost of support depends on the budget and goal of the purchase; a manager will calculate it in the chat.
Does an apartment in Tenerife give a residence permit
Buying an apartment does not give a residence permit in Spain: the programme with a $562,000 (500,000 euros) threshold was closed by Organic Law 1/2025, and new applications have not been accepted since 3 April 2025. A foreigner can buy an apartment in Tenerife without permits or restrictions by nationality, with a foreigner number and a Spanish bank account.
Your own home helps to get a residence permit without the right to work: it confirms the address and lowers the expenses counted in the review, while the basis is sufficient passive income. For remote work for foreign employers or clients there is the digital nomad visa. All routes are in the article how to get residency in Spain.
How we find an apartment
- Goal and budget: living in Tenerife, letting, or both. The manager clarifies the north or south of the island, the town, distance to the sea, area and floor.
- The list: apartments at seller prices, with building costs and a yield calculation based on rents in the town.
- Checks: property registry extract, cadastre, certificate of fitness for living, debts on property tax and building fees, letting rules for the apartment.
- The deal in person or by power of attorney: foreigner number, a Spanish bank account, the deposit contract, the notary and registration of title in the registry.
The list a manager sends in the chat, with seller prices on the date of the list.
Read also
- Investment property in Spain: what to buy and what it costs
- Apartments for sale in Barcelona to live in and invest
- Apartments for sale in Valencia to live in and invest
- Apartments for sale in Madrid to live in and invest
- Apartments for sale in Alicante to live in and invest
- Apartments for sale in Mallorca to live in and invest
- Apartments for sale in Ibiza to live in and invest
- Buying a flat in Spain in 2026: prices, taxes, residency
- Mortgage for foreigners in Spain in 2026
- Taxes in Spain
All countries and budgets compared - on the page Investment property abroad.
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