Property Prices in Santa Cruz de Tenerife, Spain

Index Info
Price to Income Ratio: 7.13
Mortgage as Percentage of Income: 46.04%
Loan Affordability Index: 2.17
Price to Rent Ratio - City Centre: 17.03
Price to Rent Ratio - Outside of Centre: 17.85
Gross Rental Yield (City Centre): 5.87%
Gross Rental Yield (Outside of Centre): 5.60%
Rent Per Month
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Apartment (1 bedroom) in City Centre 581.15 € 500.00-750.00
Apartment (1 bedroom) Outside of Centre 468.75 € 400.00-600.00
Apartment (3 bedrooms) in City Centre 875.00 € 800.00-950.00
Apartment (3 bedrooms) Outside of Centre 637.50 € 550.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 185.80 € 148.64-232.26
Price per Square Feet to Buy Apartment Outside of Centre 150.97 € 111.48-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,271.05 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.67 2.50-3.00

These data are based on 74 entries in the past 18 months from 14 different contributors.
Last update: July 2021

Sources and References
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