Sorello Guides

Los Realejos rents against the official reference

Five years have added 24,6 % to the reference, well ahead of general inflation. It rests on 1.015 declared leases. Los Realejos carries a reference rent of 5,97 €/m², below the Spanish middle but no longer at the floor.

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

Measured against its neighbours

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

Across the country, the reference rent per square metre here belongs to the lower middle of the range.

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

Where this one stands

Against every municipality in this guide, its lower-quartile rent per square metre lands in the lower middle of the range.

Compared with the rest of Santa Cruz de Tenerife in this guide, it sits eighth lowest on number of declared leases.

On a national view, its upper-quartile rent per square metre falls into the band just below the middle.

Where it sits against the rest

Judged only against Santa Cruz de Tenerife, the share of dwellings that are not a main residence here is the eighth lowest in the guide.

On a national view, its median declared monthly rent falls into the eighth twentieth from the bottom.

Set against the other Santa Cruz de Tenerife municipalities in this guide, it has the seventh highest population.

Check a quoted rent against the reference

Half of declared leases in Los Realejos are below 496,87 € a month.

Five years have added 24,6 % to the reference, well ahead of general inflation.

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²257 €328 €432 €
75 m²350 €448 €590 €
100 m²467 €597 €786 €

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

The reference figures, and how far apart they sit

4,67 €/m² against 7,86 €/m² is a wide spread: in Los Realejos the same nominal flat means very different things.

It rests on 1.015 declared leases.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile4,67 €/m²
Median5,97 €/m²
Upper quartile7,86 €/m²
Median monthly rent496,87 €
Median floor area89 m²

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