City · Canary Islands

Buying a home in Santa Cruz de Tenerife: taxes, fees and prices

Taxes at the region's official rates · appraised values of the ministry · INE house price index.

In short

On a €300,000 resale home in Santa Cruz de Tenerife (Canary Islands), transfer tax and land registry fees come to €19,701 (6.5% tax at the general rate). Homes in Santa Cruz de Tenerife were appraised at €2,330/m² in Q2 2026, +19.6% over a year.

Calculate for Santa Cruz de Tenerife

If you buy

Taxes, land registry and loan in Santa Cruz de Tenerife

General rates of Canary Islands. Change any field: the amounts are recalculated instantly.

Value taxed€300,000
Transfer tax (ITP)€19,500 (6.5%)
Land registry (registration + presentation)€201
Buyer total (taxes + land registry)€19,701
Notary's deed fee (the seller's by default)€388
Loan of 80% of the price€240,000
Monthly payment, 25 years at 3.189%€1,162

General rates only: no reduced rates, notary copies, gestoría or valuation. All the rates and sources.

If you sell

Income tax on the gain

National rates, the same in every region: your tax residence decides.

Capital gain€80,000
Rate on the gain19%
Income tax on the gain€15,200
Buyer's 3% withholding (advance)€12,000
Left to pay on the return€3,200

Non-resident: 19% on the gain (IRNR); the buyer withholds 3% of the price (form 211), the seller settles on form 210 and the 3% is credited.

Plusvalía municipal, exemptions and agency fees are not computed. Capital gains tax on a home sale.

The questions, answered

How much transfer tax on a €300,000 resale home in Santa Cruz de Tenerife?

At the general rate of Canary Islands (6.5%), €300,000 bought in Santa Cruz de Tenerife pays €19,500 of transfer tax (ITP) and €201 of land registry fees: €19,701 for the buyer, before notary copies and any reduced rate; the base is the higher of price and Catastro reference value.

What is a home worth per square metre in Santa Cruz de Tenerife?

Approved valuers appraised open-market homes in Santa Cruz de Tenerife at €2,330/m² in Q2 2026 (648 valuations), +19.6% over a year; the figure is €2,355/m² for Spain and €2,297/m² for the province of Santa Cruz de Tenerife.

Are home prices rising in Santa Cruz de Tenerife?

Yes: appraised values in Santa Cruz de Tenerife changed by +19.6% over a year. For Canary Islands as a whole the INE index moved +11% (Spain: 12.2%).

Reading the numbers for Santa Cruz de Tenerife

By appraised value, Santa Cruz de Tenerife is 39th of the 55 cities Payotte covers, from the dearest down. At €2,330/m² it sits almost exactly the Spanish average of €2,355/m².

Within Canary Islands it ranks 5th of 6 covered cities, almost exactly the regional average of €2,279/m². The province of Santa Cruz de Tenerife is at €2,297/m², so the city is €33 above its province.

The appraised value is up €381/m² from €1,949 a year earlier (+19.6%), 7.1 points faster than the national rise (+12.5%) and 5.4 points faster than Canary Islands as a whole (+14.2%). On a 90 m² home at the average, the year's move is worth about €34,308.

Taken at the average appraised value, €300,000 buys roughly 125 m² in Santa Cruz de Tenerife. A 90 m² home at that value would be about €210,000; the buyer's taxes and registry fees on a resale come to €13,827 (6.5%). Arithmetic on an average, not a valuation.

The Santa Cruz de Tenerife figure rests on 648 valuations, or 3.1 valuations per 1,000 inhabitants. With 211,957 inhabitants it is the 21st most populated of the 55 cities covered.

On that ladder the next city up is Las Palmas de Gran Canaria at €2,337/m² (€7 more), and the next one down is Girona at €2,316/m² (€14 less). The dearest covered city, Santa Eulària des Riu, is at €6,844/m², €4,514 above Santa Cruz de Tenerife; the cheapest, Cartagena, at €1,486/m², €844 below. A year earlier it ranked 43rd, so it has climbed four places.

Typical sizes at the average appraised value of Santa Cruz de Tenerife
SizePrice at that valueBuyer taxes, resaleBuyer taxes, new build
50 m²€117,000€7,743 (6.5%)€9,498
70 m²€163,000€10,759 (6.5%)€13,204
90 m²€210,000€13,827 (6.5%)€16,977
120 m²€280,000€18,396 (6.5%)€22,596

The figures

MeasureValueSource
Transfer tax (ITP) on €300,000€19,500Decreto Legislativo 1/2009, art. 31.1.a)
Land registry on €300,000€201Real Decreto 1427/1989
Notary's deed fee on €300,000 (seller by default)€388Real Decreto 1426/1989
Appraised value, Q2 2026€2,330/m²Ministry, 648 valuations
Appraised value, Q2 2025€1,949/m²Ministry
Province of Santa Cruz de Tenerife, Q2 2026€2,297/m²Ministry
Canary Islands, appraised value, Q2 2026€2,279/m²Ministry (+14.2% a year)
Canary Islands, INE house price index, change over a year+11%INE, Q2 2026
Population, 1 January 2025211,957INE, Padrón

Valuers' averages, not sale prices; changes computed by Payotte.

Buying from abroad

What differs for a foreign buyer: Buying as a foreigner · non-resident tax calculator · purchase costs in every region.

Closest in appraised value

Sources