Puerto de la Cruz Property Prices, Rents & Rental Yields

About Puerto de la Cruz

Puerto de la Cruz pairs Atlantic waterfront scenery with a long-established urban core on Tenerife’s north coast. Its blend of promenades, historic streets and island access gives the city a distinct appeal for apartment investors watching coastal markets with a tourism-linked backdrop.

July 2026 brought a mixed signal: pricing stayed broadly steady, but investor math looks tighter than before. The average sale price for apartments was €248,790, edging down 0.1% from the previous month, while the average price per square metre rose 2.8% to €3,550. That combination suggests values are being marked differently depending on the measure, even as the headline sale figure barely moved.

The rental side was firmer. Average monthly rent held at €1,000, unchanged month on month, and was up 5.3% year on year. Against that backdrop, the estimated yield stands at 5.38%, which still offers a clear income reference point, although the stronger annual rise in rents has not fully outpaced the recent lift in price per square metre.

For July, the main tension in Puerto de la Cruz is simple: apartment prices are not falling decisively, yet the market is also not giving investors a dramatic entry reset. With the average sale price up 1.5% year on year and the per-square-metre figure up 4.4%, the city continues to move higher in underlying value even while short-term movement remains uneven.