Sorello Guides

What a flat in Icod de los Vinos really rents for

A flat in Icod de los Vinos rents at a reference of 5,33 €/m², cheap enough that the condition of the property, not its price, is what you are really choosing between. 524 declared leases stand behind it, a base thin enough that a few unusual contracts move it. Five years have added 35,7 % to the reference, well ahead of general inflation.

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

Put beside its neighbours

Judged only against Santa Cruz de Tenerife, the five-year change in the reference rent here is the highest in the guide.

Across the country, the median floor area of a let flat here belongs to the third-dearest twentieth.

Ranked against its neighbours in Santa Cruz de Tenerife, it holds the lowest reference rent per square metre of the group.

In context

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

Set against the other Santa Cruz de Tenerife municipalities in this guide, it has the second lowest number of declared leases.

Measured against the whole batch, that upper-quartile rent per square metre sits in the lower middle of the range.

Against the rest of the province

Line the Santa Cruz de Tenerife municipalities in this guide up by median declared monthly rent and this one is the lowest.

Put beside the rest of the country, its population belongs to the bottom quarter.

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

Before you sign

The reference figures, and how far apart they sit

4,12 €/m² against 7,36 €/m² is a wide spread: in Icod de los Vinos the same nominal flat means very different things.

524 declared leases stand behind it, a base thin enough that a few unusual contracts move it.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile4,12 €/m²
Median5,33 €/m²
Upper quartile7,36 €/m²
Median monthly rent472,26 €
Median floor area96 m²

Check a quoted rent against the reference

Five years have added 35,7 % to the reference, well ahead of general inflation.

Icod de los Vinos flats run large: the median declared area is 96 m².

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²227 €293 €405 €
75 m²309 €400 €552 €
100 m²412 €533 €736 €

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

Related guides

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