Santa Cruz de Tenerife · report
Empty homes in Santa Cruz de Tenerife
17.2% of the 97,227 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 17.2%
- Empty homes
- 16,729
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| Santa Cruz de Tenerife | 17.2% |
| Santa Cruz de Tenerife | 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 Santa Cruz de Tenerife
At the average appraised value, a 90 m² home costs €209,700. With 10% down and a 30-year mortgage, the payment is €800 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 24%
- Payment, one income
- 48%
Owning a 90 m² home costs less each month than renting it. 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
- €862
- Owning per month
- €742
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
- Per 1,000 residents
- 10.9
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 2 times since 2005. The deepest began in Q2 2008.
- Deepest fall
- −47.0%
- Recovery from the low
- 117 months