Los Realejos Property Prices, Rents & Rental Yields

About Los Realejos

Los Realejos lies on Tenerife’s northern side, between hillside neighbourhoods and a rugged Atlantic coast. That setting gives the city a distinct geographic context for apartment investment, with volcanic terrain and coastal scenery close together.

In October 2026, the clearest signal for apartments is the gap between purchase and rental pricing: the average sale price rose 7.2% month over month, while the average rent fell 9.5%. The contrast matters more to an income-focused assessment than either movement alone. Paying more to buy while the rental benchmark moves lower can put pressure on returns, although these averages cannot show what a particular apartment will earn.

The average sale price of €225,000 puts the purchase side of that tension in concrete terms. The reported yield of 5.28% is a useful reference, not a guaranteed result. An investor’s outcome will also depend on the price paid, the rent achieved and property-specific costs. The monthly movements make those checks especially important: a yield figure on its own does not explain how a newly purchased apartment would perform under current rental pricing.

The question now is whether sale and rental prices continue to move apart or draw closer again. This snapshot establishes a tension, not a forecast. For an individual apartment, testing a purchase price against a realistic rent estimate is more useful than assuming either monthly change will continue.