Santa Cruz de Tenerife, the capital of the island of Tenerife, is a place where modernity and tradition blend seamlessly to create a truly distinctive setting. The province of the same name also includes the neighbouring islands of La Palma, La Gomera and El Hierro.
With its warm climate year-round and diverse volcanic landscapes, the province offers a dynamic property market, each island bringing its own unique character and opportunities. Discover how to sell a home in Santa Cruz de Tenerife.
- Steps before selling a house in Santa Cruz de Tenerife
- Know the value of your house
- What is the real estate market like in Santa Cruz de Tenerife?
- Estimated time to sell a house in Santa Cruz de Tenerife
- Price per square metre in Santa Cruz de Tenerife
- Potential home buyers in Santa Cruz de Tenerife
- Documents needed to sell a house
- How to choose the right estate agent?
Steps before selling a house in Santa Cruz de Tenerife
Selling a property in Santa Cruz de Tenerife can be a complex process that calls for careful planning and thorough preparation. Before listing your home, it is essential to ensure that all legal documentation is complete and up to date.
Equally important is assessing the physical condition of the property. Carrying out minor repairs and improvements can significantly boost its market value. Simple updates such as repainting walls, fixing superficial damage and ensuring that all electrical and plumbing systems are in good working order can make a big difference. Additionally, removing personal items and creating a neutral, inviting atmosphere helps potential buyers envision themselves living there.
Know the value of your house
Determining the value of your home is a crucial step if you're planning to sell in Santa Cruz de Tenerife. Several key factors influence a property's valuation, with location being one of the most significant. Certain areas of Tenerife are particularly sought-after and can command higher prices. The physical characteristics of the property – such as size, condition and features – also play an important role.
To simplify this process, idealista offers a practical and free valuation tool that provides an estimate based on similar properties in Santa Cruz. By entering specific details about your home, you’ll receive a comprehensive analysis to help you make well-informed decisions when setting your asking price.
What is the real estate market like in Santa Cruz de Tenerife?
The property market in the province of Santa Cruz de Tenerife has seen significant changes in recent times, driven by both global trends and local dynamics. As of February 2025, the average price per square metre has risen by 18.7% over the past twelve months, placing it among the provinces most impacted by the national upward trend.
Even in the short term, prices continue to climb. Compared to three months ago (November 2024), prices have increased by 5.8%, while a month-on-month comparison shows a 2.3% rise. There is no doubt that the market is experiencing rapid growth, fuelled in large part by rising interest from international buyers.
Estimated time to sell a house in Santa Cruz de Tenerife
Selling a home in Santa Cruz de Tenerife can vary in duration, depending on several key factors. These include the property's specific location within the city, prevailing market conditions and the sales strategy employed.
According to a recent idealista report, over a third of properties (36.67%) take between three months and one year to sell. Meanwhile, a notable 25.24% are sold within one to three months of being listed on the market.
Price per square metre in Santa Cruz de Tenerife
The price per square metre in Santa Cruz de Tenerife continues its steady upward trend. As of February 2025, the average stands at €3,103, although prices vary significantly depending on the island and proximity to the coast.
The most expensive towns are Adeje and Guía de Isora in Tenerife, where strong tourist demand has pushed prices above €4,000 per square metre. Other towns such as Arona, Santiago del Teide and Puerto de la Cruz – also located on Tenerife – have average prices exceeding €3,000.
In contrast, the capital, Santa Cruz de Tenerife, offers more moderate prices, averaging €2,127 per square metre. The most affordable towns on the island include Tegueste, Los Realejos and Icod de los Vinos, where prices hover around €1,500.
Meanwhile, on the neighbouring islands, property is generally more affordable. This is particularly true in the capitals of La Palma, La Gomera and El Hierro – Santa Cruz de la Palma, San Sebastián de la Gomera and Valverde – where property prices remain significantly lower than on Tenerife.
Potential home buyers in Santa Cruz de Tenerife
Selling a home in Santa Cruz de Tenerife can appeal to a variety of buyers, each with their own motivations and needs. Among the main buyer profiles in Santa Cruz de Tenerife, we find:
- Locals: Many island residents are looking to improve their quality of life by moving to more central areas or areas with better services. Tenerife is the main attraction.
- Investors: Due to the region's tourism and economic growth, Spanish and international investors see Santa Cruz de Tenerife as an opportunity to acquire profitable properties, both in Tenerife and on the other islands.
- Retired foreigners: The province attracts many European retirees looking for a place to enjoy their retirement, thanks to the warm climate and relatively low cost of living, especially on the less populated islands.
- Young families: With improved infrastructure and educational services, many young families are finding the province's islands an ideal place to settle and raise their children.
- Relocated professionals: The expansion of the service sector and the increase in job opportunities have encouraged professionals from other regions to move to Tenerife, especially.
Documents needed to sell a house
Selling a property in Santa Cruz de Tenerife requires not only an effective sales strategy but also the correct documentation. One of the most important documents is the property deed, which proves that you are the legal owner and have the right to sell the home. Additionally, an energy performance certificate is mandatory for all properties listed for sale.
It is also advisable to gather any permits related to construction or renovations carried out on the property, as well as receipts for municipal taxes such as the Impuesto sobre Bienes Inmuebles (IBI – Property Tax). Finally, make sure you understand the taxes and costs associated with selling a property, so you can plan accordingly and avoid unexpected expenses.
How to choose the right estate agent?
Choosing the right estate agent is a vital step in the home-selling process, particularly in a dynamic market like Santa Cruz de Tenerife. A reliable agent will offer expert guidance, help you navigate the complexities of the local property landscape, and work to maximise your home's value while ensuring a smooth and timely sale.
To simplify your search, idealista offers a useful tool for selecting a suitable estate agent. This feature provides a curated list of agencies with proven experience in the area. By simply entering your address, you’ll gain access to a detailed list of local agents who understand the market and can assist you effectively.