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Property prices in Tenerife by town

What homes are worth in Tenerife, town by town: the average value per m² from official mortgage appraisals in April – June 2026, published by the Spanish housing ministry.

TownPer m²New (up to 5 years)12 monthsAppraisals
Adeje€3,776—+14.9%199
Puerto de la Cruz€3,092—+21.9%94
Arona€2,946€2,972+15%268
Candelaria€2,735—+3.5%101
Granadilla de Abona€2,502—+19.7%196
Santa Cruz de Tenerife€2,330€2,653+19.6%648
San Cristóbal de La Laguna€2,042€2,160+16.2%415
Los Realejos€1,906—+35.1%72
La Orotava€1,729—+8.4%94

Official mortgage appraisals for April – June 2026: Ministerio de Vivienda y Agenda Urbana — valor tasado de vivienda libre. An appraised value is what licensed valuers put on homes for mortgages; it is not a sale price and usually sits below asking prices. Towns with fewer than 50 appraisals in the quarter are not shown.

Questions and answers

Which town in Tenerife is the most expensive, and which is the most affordable?
The most expensive is Adeje — €3,776. The most affordable is La Orotava — €1,729.
Where do these figures come from?
From the official source — Ministerio de Vivienda y Agenda Urbana — valor tasado de vivienda libre — for April – June 2026. GREM refreshes the page from that source every week.

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