La Orotava · report
Empty homes in La Orotava
14.2% of the 17,819 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 14.2%
- Empty homes
- 2,524
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| La Orotava | 14.2% |
| Santa Cruz de Tenerife province | 20.6% |
| Canarias | 19.4% |
| Spain | 14.4% |
The 2021 census counted a dwelling as vacant when it used almost no electricity through the year and nobody was registered in it, from administrative records rather than a visit. Second homes are counted apart and are not included. Municipalities under 1,000 inhabitants are published only as their province's total.
Other reports for La Orotava
At the average appraised value, a 90 m² home costs €155,592. With 10% down and a 30-year mortgage, the payment is €593 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 20%
- Payment, one income
- 40%
Owning and renting a 90 m² home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.
- Rent per month
- €532
- Owning per month
- €551
Figures for Santa Cruz de Tenerife province: La Orotava has no reliable figures of its own.
61.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 2,310
Figures for Santa Cruz de Tenerife province: La Orotava has no reliable figures of its own.
Buyers living abroad bought 18.1% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 18.1%
Appraised values have fallen by 3% or more 3 times since 2005. The deepest began in Q3 2011.
- Deepest fall
- −44.2%
- Recovery from the low
- 102 months