Is Now the Right Time to Sell Your Tenerife Property?
The Tenerife property market continues to show strong momentum in 2026. While the exceptional double-digit growth seen in some areas during 2025 has moderated, demand remains high and supply remains limited, particularly in the south of the island.
What the Market Data Shows
Tenerife is not a single property market but a collection of distinct micro-markets.
The south of the island — including Costa Adeje, Adeje, Arona and Guía de Isora — continues to attract international buyers from Germany, the United Kingdom, Scandinavia and other European countries. The north and metropolitan areas are more strongly influenced by local and national demand.
Recent market data indicates:
- Property prices in Santa Cruz de Tenerife province are approximately 13% higher than one year ago.
- Average house prices across Tenerife have increased by around 5.2% year-on-year.
- Average apartment prices across Tenerife have increased by around 5.4% year-on-year.
- Supply remains constrained due to limited available land and relatively low levels of new development.
- International demand continues to support the market, particularly in sought-after coastal locations.
Why Many Owners Are Considering Selling Now
Property owners who purchased 10 or more years ago have often seen substantial capital appreciation.
Combined with continued buyer demand and historically high property values, many owners are using the current market conditions to realise gains, downsize, reinvest or simplify the management of overseas property.
Do You Need to Be in Tenerife to Sell?
No.
With a notarised Power of Attorney (Poder Notarial), the entire transaction can be managed remotely. This includes valuation, marketing, buyer qualification, legal coordination and notary procedures.
For many non-resident owners, this makes selling a Tenerife property straightforward without travelling to the island.
Frequently Asked Questions
Is the Tenerife property market still growing in 2026?
Yes. Current market data shows continued annual price growth across Tenerife, although at a more moderate pace than some of the exceptional increases seen during 2025.
Which areas attract the highest number of international buyers?
The strongest international demand is typically found in Costa Adeje, Adeje, Arona and Guía de Isora, where foreign buyers represent a significant share of transactions.
Can I sell my Tenerife property without travelling to Spain?
Yes. A notarised Power of Attorney allows a legal representative to complete the sale on your behalf.
How long does it take to sell a property in Tenerife?
The timeframe depends on location, pricing, presentation and market conditions. Well-priced properties in high-demand areas often sell significantly faster than properties that enter the market above realistic market value.
What is the first step?
A professional valuation based on current market conditions is the best starting point. Understanding your property’s realistic market value allows you to make informed decisions and position it competitively from day one.
Thinking about selling your Tenerife property? Request a free, no-obligation valuation and receive an informed estimate based on current market data.