Sorello Guides

Candelaria rents: the declared figures

Five years have added 26,4 % to the reference, well ahead of general inflation. At 9,37 €/m², Candelaria is an expensive rental market by Spanish standards. It rests on 1.855 declared leases.

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

How it compares

Compared with the rest of Santa Cruz de Tenerife in this guide, it sits third lowest on median floor area of a let flat.

Nationally, that reference rent per square metre falls in the seventeenth twentieth from the bottom.

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

How it ranks

Taking every municipality covered here together, the lower-quartile rent per square metre is in the seventeenth twentieth from the bottom.

Ranked against its neighbours in Santa Cruz de Tenerife, it holds the eighth lowest five-year change in the reference rent of the group.

Nationally, that median declared monthly rent falls in the band just below the top quarter.

Put beside its neighbours

Within Santa Cruz de Tenerife, that is the third lowest share of dwellings that are not a main residence among the municipalities this guide covers.

Put beside the rest of the country, its number of declared leases belongs to the upper middle of the range.

Within Santa Cruz de Tenerife, that is the seventh lowest population among the municipalities this guide covers.

Put a quoted rent in its place

A typical declared lease in Candelaria runs at 600,00 € a month.

A median floor area of 66 m² makes Candelaria a market of compact flats.

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²414 €515 €640 €
75 m²565 €703 €872 €
100 m²753 €937 €1.163 €

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

Before you sign

The reference figures, and how narrow the range is

A quote above 11,63 €/m² needs a reason you can point at; one below 7,53 €/m² needs a survey.

7,53 €/m² to 11,63 €/m² is a narrow spread, so the address matters less here than the size.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile7,53 €/m²
Median9,37 €/m²
Upper quartile11,63 €/m²
Median monthly rent600,00 €
Median floor area66 m²

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