Sorello Guides

Arona rents: the declared figures

At 9,15 €/m², Arona is an expensive rental market by Spanish standards. With 4.949 declared leases behind it, the quartiles are stable from year to year. It is 16,7 % above the reference of five years earlier.

Rents declared on income-tax returns for main-residence leases, not asking prices. They lag the market and exclude holiday lets.

A sense of scale

Judged only against Santa Cruz de Tenerife, the share of main homes that are rented here is the highest in the guide.

Country-wide, that number of declared leases is one of the seventeenth twentieth from the bottom.

Within Santa Cruz de Tenerife, that is the second lowest median floor area of a let flat among the municipalities this guide covers.

Against every municipality in this guide, its population lands in the seventeenth twentieth from the bottom.

How it ranks

Of the Santa Cruz de Tenerife municipalities covered here, this one comes highest on share of dwellings that are not a main residence.

Country-wide, that upper-quartile rent per square metre is one of the third-dearest twentieth.

Within Santa Cruz de Tenerife, that is the fourth highest reference rent per square metre among the municipalities this guide covers.

Put beside the rest of the country, its five-year change in the reference rent belongs to the third-cheapest twentieth.

The comparison that matters

Set against the other Santa Cruz de Tenerife municipalities in this guide, it has the fourth highest lower-quartile rent per square metre.

Set the national range end to end and this median declared monthly rent lands in the upper middle of the range.

What a given flat should cost

A median floor area of 62 m² makes Arona a market of compact flats.

It is 16,7 % above the reference of five years earlier.

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²393 €503 €646 €
75 m²536 €686 €881 €
100 m²714 €915 €1.174 €

The floor areas are round illustrative sizes used to show the arithmetic, not measurements of any particular flat.

Renting is the norm here

At 33,32 % of main homes rented, Arona has a rental sector deep enough to have its own sub-markets.

With 38,19 % of dwellings not a main home, long leases compete directly with seasonal use.

The reference figures

7,14 €/m² to 11,74 €/m² covers the middle half of declared leases in Arona — ordinary dispersion.

With 4.949 declared leases behind it, the quartiles are stable from year to year.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile7,14 €/m²
Median9,15 €/m²
Upper quartile11,74 €/m²
Median monthly rent557,68 €
Median floor area62 m²

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