Apartments in Tenerife, Spain
Spain-Real.Estate offers a comprehensive collection of apartments for sale In Tenerife, the Canary Islands. Our portfolio includes a great choice of luxurious options such as penthouses and duplex units in modern seaside residential projects as well as affordable options in projects a bit further inland.
Tenerife is a diverse and cosmopolitan island. It has climate zones to suit everybody. The southern part of the island, around Adeje, Arona, San Miguel and Granadilla de Abona, offers the sun, beaches and warm sea all year round. On the other hand, on the northern side, you will find the lushly green yet still sun-kissed landscapes of breathtaking cliffs with pristine, secluded beaches and traditional wine-growing areas.
Apartments for sale in Tenerife, the Canary Islands
The local real estate market offers a great variety of residential options since over the years Tenerife’s fishing villages have become popular seaside resorts that attract thousands of tourists and foreign property buyers.
Areas that offer the widest choice of apartments for sale include Costa Adeje, Adeje and Arona. The most luxurious options can be found in Costa Adeje, Adeje and Guia de Isora. If you are looking for more reasonably priced apartments, then we recommend considering the areas of Guaza, El Fraile and Taco.
Apartment prices in Tenerife
Tenerife is home to properties of all price tags. Here you can buy reasonably priced options as well as luxurious ones. For instance, a bargain studio unit can be bought at €75,000 while the cost of a three-bedroom apartment in a prestigious beachfront area can reach about €630,000. The detailed list of areas and average flat prices in Tenerife looks as follows:
- Garachico 105,250 €
- La Victoria de Acentejo 137,333 €
- Güímar 167,269 €
- La Matanza de Acentejo 167,286 €
- San Juan de la Rambla 189,000 €
- La Guancha 193,000 €
- Fasnia 197,150 €
- Arafo 201,775 €
- El Tanque 209,000 €
- Los Gigantes 211,062 €
- Santiago del Teide 220,216 €
- Buenavista del Norte 231,500 €
- Arico 240,360 €
- Arona 249,831 €
- Puerto de la Cruz 251,919 €
- San Cristóbal de La Laguna 252,469 €
- Icod de los Vinos 254,455 €
- Santa Cruz de Tenerife 258,203 €
- Granadilla de Abona 272,657 €
Apartments for investment in Tenerife
According to the recent stats, apartments in Tenerife remain very popular options among foreign holidaymakers and property hunters. Home sales in this region are one of the highest in the country. In addition, real estate in large cities and popular seaside resorts such as Tenerife is one of the very few assets that ensures a considerable positive and stable return on investment even despite the current economic crisis caused by the pandemic. Buying an apartment here, you get a 5.6% rental yield and this figure is expected to grow as the property market continues recovering from the pandemic.
Another reason to consider investing in property in Spain is that investing more than €500,000 in a flat allows you to apply for a Golden Visa and stay in the country for a long term.
Buy an apartment in Tenerife on Spain-Real.Estate
Are you considering purchasing a flat in Tenerife, Spain? You are at the right place! Our property platform offers the largest choice of the latest property listings from verified real estate sellers in Spain. You can also get in touch with our team and we will guide you through the best offers matching your requirements.
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