San Miguel de Abona Property Prices, Rents & Rental Yields

About San Miguel de Abona

San Miguel de Abona sits on Tenerife’s southern coast, balancing hillside neighbourhoods, golf-side addresses and easy access to beaches, marinas and the island’s main road links. That mix gives the area a practical base with a distinctly Canarian setting, making it a steady reference point for apartment investors watching the south of Tenerife.

September 2026 brings the clearest signal yet: prices are edging higher again, but the income case is not moving with them. The average apartment sale price is €252,500, up 1.4% over the month, while the average price per square metre has also climbed 1.4% to €3,610. Against that, the average rent holds at €1,200, unchanged month on month, which means recent capital growth is arriving faster than rental growth.

That tension matters because the current yield is 6.01%, a level that still reads as workable, but not without pressure from the upward move in pricing. On a year-on-year basis, the picture is mixed: average sale prices are down 6.5% and rents are down 3.2%, yet the average square metre price is up 6.9%. In other words, the market is not moving in one direction; for apartments in San Miguel de Abona, September points to firmer asset values alongside a rent line that is comparatively flat.