Sorello Guides

The cost of buying a home in Candelaria

Candelaria is a town rather than a city, which in Santa Cruz de Tenerife usually means one estate agency network knows most of the stock. Second homes are a minority presence, at 19,75 % of the dwelling stock. At 2.831,9 €/m² appraisals are firmly in the expensive half of the country.

The one-off cost at signing

The Canary Islands rate is 6,5 %, around the middle of the Spanish range. At Candelaria price levels the Canary Islands transfer tax is worth several months of most household budgets, so it belongs in the offer, not after it.

Transfer tax on a resale purchase, at three illustrative prices
Purchase priceTransfer tax
200.000 €13.000 €
350.000 €22.750 €
600.000 €39.000 €

The three prices are round illustrative figures chosen to bracket the ordinary range, not measurements of this market.

The reduced rates, stamp duty and the deed checklist for Canary Islands

The comparison that matters

Take Santa Cruz de Tenerife alone: among the municipalities here, its appraised value per square metre is the fourth highest.

Across the country, the rural property-tax rate here belongs to the bottom quarter.

Among the Santa Cruz de Tenerife towns and cities covered here, it records the third highest urban property-tax rate.

Across the country, the number of notarised home sales here belongs to the cheapest twentieth of them.

Within Santa Cruz de Tenerife, that is the second highest year of the last cadastral revision among the municipalities this guide covers.

Where it sits against the rest

Across the country, the number of appraisals behind the average here belongs to the bottom quarter.

Line the Santa Cruz de Tenerife municipalities in this guide up by share of the urban register that is housing and this one is the third lowest.

Over the whole guide, the total dwelling stock recorded here falls within the fourth-cheapest twentieth.

Take Santa Cruz de Tenerife alone: among the municipalities here, its count of registered residential units is the lowest.

Across the country, the share of dwellings that are not a main residence here belongs to the eighth twentieth from the bottom.

The comparison that matters

Within Santa Cruz de Tenerife, that is the lowest number of urban cadastral units among the municipalities this guide covers.

Across the country, the average cadastral value per home here belongs to the band just above the middle.

Set against the other Santa Cruz de Tenerife municipalities in this guide, it has the second highest average cadastral value per home.

Over the whole guide, the population recorded here falls within the third-cheapest twentieth.

How many homes change hands

Sales clustered in First quarter and thinned in Third quarter, the ordinary Spanish seasonal pattern.

Set against 13.651 residential units on the register, turnover is slow.

252 home sales went through the notaries in Candelaria in the year — a quiet market.

Notarised home sales by quarter, 2025
QuarterSales
First quarter76
Second quarter59
Third quarter52
Fourth quarter65

An expensive market, measured

It rests on 112 appraisals, a thin base that a few unusual properties can move.

Candelaria appraises at 2.831,9 €/m², expensive by national standards and rising faster than incomes.

What the housing stock is like

13.651 of 22.856 urban units are residential, a housing-led register.

14.205 dwellings were counted at the census.

19,75 % of dwellings in Candelaria are not a main residence — a normal proportion for an inland town.

The annual cost of holding the property

Candelaria charges 0,53 % on urban property, modestly below the common level.

Cadastral values in Candelaria average 63.484 € per dwelling, an ordinary base.

Rural property pays 0,53 %.

A cadastral value of 180.000 € taxed at 0,53 % gives 954 €, though the register is old enough that real values have moved.

The cadastral value in this example is a round illustrative figure, not the cadastral value of any particular property here. Ask for the last IBI receipt: it states the real one.

How old the cadastral values are

The last general revision in Candelaria was 2010, so cadastral values sit some way below market values.

Building work is taxed at 3,8 %, near the top of what town halls may charge.

Related guides

Sources and licences