Santa Cruz de Tenerife, SANTA CRUZ DE TENERIFE, Spain
Four-Bedroom Apartment with Terrace in Santa Cruz
€159,000
€1,559/m²
- 4
- Bedrooms
- 1
- Bathroom
- 102 m²
- Interior
- Apartment
- Type
- 4 weeks ago
- Listed
The Habio take
This four-bedroom apartment boasts a private terrace and an impressive rental yield. Located in the well-connected Somosierra neighbourhood of Santa Cruz de Tenerife, it's an ideal investment opportunity.
- investment
- city
- walkable
Highlights
- Four bedrooms plus private terrace
- Current rental income of €1,390 monthly
- Over 10% annual rental yield
- Potential to create a fifth bedroom
- Well-connected location
- Stable tenant contracts
Worth knowing
- No lift mentioned
- Currently occupied by tenants
Good fit for: This property is best suited for investors looking for immediate rental income.
Lifestyle scores
- Beach
- 40
- Walkable
- 75
- Remote work
- 70
- Family
- 60
- Retirement
- 50
- Airport access
- 70
- Investment
- 85
- Luxury
- 55
- Value
- 80
About this place
This is a four-bedroom apartment located in the Somosierra area, perfect for investors seeking immediate returns and growth potential. The property features one full bathroom, a laundry area, and a private terrace measuring 20 m². It is well-distributed, bright, and in good condition.
Currently, the apartment is rented out by the room, generating a demonstrable monthly income of €1,390, which translates to an annual return of over 10%. It is being sold with tenants under existing contracts, all of whom are punctual with their payments, providing a stable income from day one. There is the potential to enclose part of the terrace to create a fifth bedroom, further increasing investment returns with minimal renovation.
Located in a well-connected area, this property is in high demand from both workers and students, thanks to its proximity to services, public transport, and access to the centre of Santa Cruz. The building belongs to a quiet, established community that has recently benefited from improvements to the sanitation system carried out by the City Council.
What this place offers
- terrace
- storage
Getting around
- Excellent water quality
Nearest beach · Playa Valleseco
~11 min drive · 6.6 km
Tenerife Norte-Ciudad de La Laguna (TFN)
~10 min drive · 11 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Santa Cruz de Tenerife, SANTA CRUZ DE TENERIFE, Spain
- Nearest airport
- Tenerife (TFN)
- 7 km
- Also close
- Tenerife (TFS)
- 54 km
- Nearest city
- Las Palmas
- 92 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
