What is it like to live in Candelaria, Tenerife?

Candelaria is a neighbourhood in Tenerife, Spain. It has a walkability score of 6/10 and a safety score of 8/10. It is considered an established local neighbourhood.

What are property prices like in Candelaria, Tenerife?

Property prices in Candelaria have grown +10.4% over the last 12 months. Gross rental yields range from 6.8–9.8%. Source: RelocateIQ market analysis, May 2026.

What would monthly mortgage payments be on this Tenerife property?

At 80% LTV (20% deposit of €56,071), a repayment mortgage at 3.5% over 25 years on this €280,355 property would cost approximately €1,123/month. Rates vary by lender and applicant profile.

What are the total buying costs for this property in Tenerife, Spain?

The total acquisition cost for this €280,355 property is approximately €304,185, including 8.5% ITP transfer tax, notary fees, land registry and legal costs. Budget approximately 8.5–10% above the asking price for purchase costs in Andalucía.

What is the price per square metre for this property in Candelaria?

This property is priced at €3,549/m² for 79m². The median price per m² for comparable properties in Candelaria is €4,263/m² based on 2 active listings (RelocateIQ, May 2026).

How does the cost of living in Tenerife compare to London?

Tenerife is significantly more affordable than London. A couple can expect to save 40–60% on monthly living costs compared to London, with lower food, transport, utilities and leisure costs. Property purchase prices are typically 50–70% lower than equivalent London properties. Source: RelocateIQ cost intelligence, May 2026.

What is the Beckham Law tax saving for remote workers buying in Tenerife?

Under Spain's Beckham Law (Ley Beckham), qualifying remote workers pay a flat 24% income tax rate on Spanish-source income up to €600,000, compared to a standard effective rate of approximately 35%. On a salary of €80,000, this represents an annual saving of approximately €8,800. The regime applies for up to 6 years. Professional tax advice is recommended to confirm eligibility.

View on Idealista ↗

For sale

€280,355

Flat / apartment in Calle Bouganvilla, 15, Las Caletillas-Punta Larga, Candelaria

1 beds1 baths79 m²Floor bjLift

Looking to rent in Candelaria instead? View district →

Candelaria, Tenerife
Rent ~€700/mo
+10.4% growth · 6.8–9.8% yield
low expat community · Walkability 6/10

Your personalised cost comparison will appear here

The neighbourhood

What Candelaria is actually like

Candelaria's population is predominantly middle-income Canarian families and Spanish retirees, with the expat presence rated low relative to other coastal districts on the island (RelocateIQ analysis, April 2026). The international community that does exist tends to cluster around the seafront and the streets immediately behind the basilica, rather than forming a distinct expat quarter. Northern Europeans — primarily British and German retirees — make up the largest foreign contingent, drawn by the calmer pace and lower price point compared with Los Cristianos or Puerto de la Cruz.

The social mix is functional rather than cosmopolitan. Expats integrate into local life by necessity as much as choice, and the meeting points reflect that: Sorbo y Cacao on the café circuit is the most consistent spot where international residents and locals share the same tables. With 19 English-language services recorded in the district (RelocateIQ local data, April 2026), practical needs — legal, medical, administrative — can be met without leaving Candelaria, though the offer is modest compared with higher-density expat zones elsewhere on the island.

Studios and one-beds represent the most liquid end of Candelaria's purchase market. A studio carries a median purchase price of €74,500, while a one-bed sits at €128,000 — both with days on market of 42 and 48 days respectively, the fastest-moving stock in the district. Two-beds, the most heavily inventoried category with 28 purchase listings, are priced at a median of €215,000. Three-beds reach €330,000, four-beds €480,000, and five-bed-plus properties €720,000, with the larger formats taking up to 62 days to sell (Fotocasa, April 2026).

Best for