House prices in Santa Cruz de Tenerife province

At the average appraised value, a 90 m² home costs €206,694. With 10% down and a 30-year mortgage, the payment is €788 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

61.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Buyers living abroad bought 18.1% of the homes sold here in the four quarters to Q2 2026.

Appraised values have fallen by 3% or more once since 1995. That fall began in Q4 2007.

In 2024 the population grew by 8,925 while 1,077 homes were finished: 8.3 new residents for every new home.

20.6% of the 537,463 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Public bodies signed €33.1M of housing works here in 2025, and €33.3M since 2017.