Sorello Guides

The cost of buying a home in Puerto de la Cruz

36,8 % of the housing stock is not a main residence, a genuinely mixed town. At 3.036,3 €/m² appraisals are firmly in the expensive half of the country. Puerto de la Cruz is a town rather than a city, which in Santa Cruz de Tenerife usually means one estate agency network knows most of the stock.

The one-off cost at signing

The Canary Islands rate is 6,5 %, around the middle of the Spanish range. At Puerto de la Cruz 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

Where it sits against the rest

Of the Santa Cruz de Tenerife municipalities covered here, this one comes fourth lowest on rural property-tax rate.

Taking every municipality covered here together, the share of dwellings that are not a main residence is in the third-dearest twentieth.

On appraised value per square metre it is the second highest of the Santa Cruz de Tenerife municipalities this guide covers.

Set the national range end to end and this urban property-tax rate lands in the bottom quarter.

Ranked against its neighbours in Santa Cruz de Tenerife, it holds the fourth lowest year of the last cadastral revision of the group.

Where this one stands

Set the national range end to end and this number of appraisals behind the average lands in the second-cheapest twentieth.

Compared with the rest of Santa Cruz de Tenerife in this guide, it sits second lowest on share of the urban register that is housing.

Taking every municipality covered here together, the average cadastral value per home is in the band just above the bottom quarter.

Compared with the rest of Santa Cruz de Tenerife in this guide, it sits third lowest on average cadastral value per home.

Nationally, that number of notarised home sales falls in the band just above the middle.

Where it sits against the rest

Of the Santa Cruz de Tenerife municipalities covered here, this one comes second lowest on population.

Put beside the rest of the country, its tax rate on construction work belongs to the exact middle of the range.

Ranked against its neighbours in Santa Cruz de Tenerife, it holds the fourth lowest total dwelling stock of the group.

Measured against the whole batch, that number of urban cadastral units sits in the band just below the middle.

The cadastral values are dated

The Puerto de la Cruz register dates from 2001; a future revision could move the yearly bill significantly even if the rate never changes.

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

An expensive market, measured

It rests on 89 appraisals, a thin base that a few unusual properties can move.

Puerto de la Cruz appraises at 3.036,3 €/m², expensive by national standards and rising faster than incomes.

How active the market is

Notaries in Puerto de la Cruz recorded 791 home sales in the year, an active market.

Against 19.717 registered residential units, a healthy share of the stock changes hands each year.

The quarters are very uneven — Fourth quarter against Second quarter — which in a market this size usually means a development completing.

Notarised home sales by quarter, 2025
QuarterSales
First quarter148
Second quarter136
Third quarter156
Fourth quarter351

A stock split between residents and visitors

19.717 of 33.233 urban units are residential, a housing-led register.

Tenure is published only for the larger municipalities and the provincial capitals, which leaves Puerto de la Cruz out.

36,8 % of the Puerto de la Cruz stock is not a main residence, so resident and visitor demand compete for the same buildings.

The annual cost of holding the property

The typical Puerto de la Cruz home is on the register at 50.452 €, below the national middle.

Rural land is charged at 0,33 %, which is nominal.

Puerto de la Cruz charges 0,52 % on urban property, modestly below the common level.

180.000 € of cadastral value at 0,52 % is 936 € a year, but the base is dated and a revision would change it sharply.

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.

Related guides

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