Real estate in Tenerife: what makes the region interesting
Home prices changed by +12.1%¹ over the year (by country, Q2 2026). Mortgage rate — 3%². Central bank key rate — 2.5%⁵. Country's economic growth in 2025 — +2.8%⁶, on average for 2016–2025 — +2.1%⁷ per year. Inflation — 3.6%³ (July 2026), income per capita — $37,120⁴ per year.
Housing market in numbers
Housing prices since 2016
+85%
Appraised price per m² (for mortgage) · La Orotava · Ministerio (valor tasado) · Q1 2016 – Q2 2026
Annual change in housing prices
+12.1%
by country · BIS · Q1 2016 – Q2 2026
Housing Price Index
index 149.1
by country · BIS · Q1 2016 – Q2 2026
Annual rent change
+4.2%
data from nearest city: Granadilla de Abona, 20 km · INE · 2014 – 2024
Rent index
index 134.4
data from nearest city: Granadilla de Abona, 20 km · INE · 2014 – 2024
Mortgage rate
3%
by country · ECB · Jan 2016 – Aug 2026
Central bank key rate
2.5%
by country · BIS · Jan 2016 – Sep 2026
Country economy in numbers
Inflation
3.6%
by country · World Bank · Jan 2016 – Jul 2026
Income per person per year
$37,120
by country · World Bank · 2016 – 2025
Economic growth
+2.8%
by country · World Bank · 2016 – 2025
Unemployment
10.4%
by country · World Bank · 2016 – 2025
Natural anchors
Nature and climate of Tenerife
≈ m above sea level — low: coastal zone at risk of sea level rise.
Water
21 °C⁸ in January · 23 °C⁸ in July
Precipitation
493 mm⁹ per year
Hotels
306¹⁰ accommodation properties within 50 km radius
Average temperatures and precipitation by month
Loading climate data…
Society, language, religion
How Life is Organized in Tenerife
Country population
49.4M¹¹
Political stability
69 out of 100¹²
Unemployment
10.4%¹³
Population and stability
Country population
49.4M
by country · World Bank · 2016 – 2025
Political stability
69 out of 100
by country · World Bank · 2016 – 2025
Sources
1BIS — Annual change in housing prices, Q2 2026 · Bank for International Settlements (BIS) statistics
2ECB — Mortgage rate, August 2026 · Source: ECB statistics
3World Bank — Inflation, July 2026 · World Bank, Global Economic Monitor (CC BY 4.0)
4World Bank — Income per person per year, 2025 · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
5BIS — Central bank key rate, Oct 27, 2026 · Bank for International Settlements (BIS) statistics
6World Bank — Economic growth, 2025 · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
7World Bank — Economic growth, 2016–2025; calculated from source data · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
8Open-Meteo Marine — Sea surface temperature, average for January and July 2025
10OpenStreetMap — Accommodations within 50 km, data for 2026
11World Bank — Country population, 2025 · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
12World Bank — Political stability, 2025 · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
13World Bank — Unemployment, 2025 · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
14Ministerio (valor tasado) — Appraised price per m² (for mortgage), Q1 2016–Q2 2026 · Datos abiertos Ministerio de Transportes y Movilidad Sostenible (valor tasado de vivienda libre)
15BIS — Annual change in housing prices, Q1 2016–Q2 2026 · Bank for International Settlements (BIS) statistics
16BIS — Housing Price Index, Q1 2016–Q2 2026 · Bank for International Settlements (BIS) statistics
17INE — Annual rent change, 2014–2024 · Fuente: Sitio web del INE: www.ine.es (Índice de Precios de Vivienda en Alquiler)
18INE — Rent index, 2014–2024 · Fuente: Sitio web del INE: www.ine.es (Índice de Precios de Vivienda en Alquiler)