Santa Cruz de la Palma – Real Estate Investment Overview
Data updated monthly.Last update:June 3, 2026
La Palma island
Confidence
Low
Market Overview: Score, Prices and Rental Yields
Market Score
7Poor
7 / 100
Investability
10Price momentum
11Rental demand
0Sales demand
0Median Sale Price
€210,000
1M
-15.3%
1Y
-7.4%
| Month | Median Sale Price |
|---|---|
| July | €229,750 |
| August | €239,620 |
| September | €242,020 |
| October | €243,320 |
| November | €225,000 |
| December | €190,000 |
| January | €210,000 |
| February | €226,820 |
| March | €240,000 |
| April | €247,940 |
| May | €247,940 |
| June | €210,000 |
Median Rent Price
€1,070
1M
-10.8%
1Y
0%
| Month | Median Rent Price |
|---|---|
| July | €1,330 |
| August | €1,400 |
| September | €970 |
| October | €840 |
| November | €1,500 |
| December | €1,100 |
| January | -- |
| February | -- |
| March | €750 |
| April | €1,200 |
| May | €1,200 |
| June | €1,070 |
Gross Rental Yield
6.68%
1M
+10.5%
1Y
0%
| Month | Gross Rental Yield |
|---|---|
| July | 11.25% |
| August | 7.63% |
| September | 5.51% |
| October | 5.63% |
| November | 7.71% |
| December | 7.27% |
| January | -- |
| February | -- |
| March | 5.04% |
| April | 5.88% |
| May | 6.04% |
| June | 6.68% |
Square meter cost
€2,210
1M
-4.6%
1Y
-21.1%
| Month | Square meter cost |
|---|---|
| July | €2,960 |
| August | €2,820 |
| September | €2,810 |
| October | €2,750 |
| November | €2,250 |
| December | €1,900 |
| January | €2,100 |
| February | €2,270 |
| March | €2,220 |
| April | €2,300 |
| May | €2,320 |
| June | €2,210 |
Market Breakdown
Listings by property size
Studio (6%)
1 bedroom (0%)
2 bedroom (28%)
3 bedroom (44%)
4+ bedroom (22%)
| Category | Listings by property size |
|---|---|
| Studio (6%) | 1 listings (6%) |
| 1 bedroom (0%) | 0 listings (0%) |
| 2 bedroom (28%) | 5 listings (28%) |
| 3 bedroom (44%) | 8 listings (44%) |
| 4+ bedroom (22%) | 4 listings (22%) |
Sales Activity Index
38 %
Rent Activity Index
0 %
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 6.9% |
| 3 bedroom | 6.11% |
| 4+ bedroom | 0% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 0% |
| 50-60 m² apartments | 0% |
| 60-70 m² apartments | 0% |
| 70-80 m² apartments | 8.34% |
| 80-90 m² apartments | 0% |
| 90-100 m² apartments | 0% |
| 100-110 m² apartments | 0% |
| 110-120 m² apartments | 0% |
| 120-130 m² apartments | 0% |
| 130-140 m² apartments | 5.14% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €1,890 |
| 1 bedroom | €0 |
| 2 bedroom | €2,560 |
| 3 bedroom | €2,410 |
| 4+ bedroom | €2,100 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 2560 |
| 80-90 m² apartments | 1970 |
| 90-100 m² apartments | 1940 |
| 100-110 m² apartments | 2660 |
| 110-120 m² apartments | 2450 |
| 120-130 m² apartments | 2020 |
| 130-140 m² apartments | 1810 |
| 140-150 m² apartments | 0 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 1 |
| 1 bedroom | 0 |
| 2 bedroom | 3 |
| 3 bedroom | 7 |
| 4+ bedroom | 4 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 3 |
| 80-90 m² apartments | 3 |
| 90-100 m² apartments | 2 |
| 100-110 m² apartments | 2 |
| 110-120 m² apartments | 2 |
| 120-130 m² apartments | 1 |
| 130-140 m² apartments | 1 |
| 140-150 m² apartments | 0 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 0 |
| 1 bedroom | 0 |
| 2 bedroom | 2 |
| 3 bedroom | 1 |
| 4+ bedroom | 0 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 1 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 1 |
| 80-90 m² apartments | 0 |
| 90-100 m² apartments | 0 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 1 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
No submarkets available yet.
Potential annual revenue
€12.8k
2 bedroom
€13.0k
3 bedroom
€12.8k
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €110k | €243.0k | €185k | €240k |
| August | €160k | €243.0k | €190k | €250k |
| September | €160k | €243.3k | €190k | €270k |
| October | €160k | €243.3k | €190k | €280k |
| November | €160k | €233.4k | €190k | €250k |
| December | €160k | €178.4k | €190k | €237.5k |
| January | €153k | €226.8k | €210k | €237.5k |
| February | €155k | €178.4k | €240k | €275k |
| March | €180k | €178.4k | €270k | €295k |
| April | -- | €245.9k | €240k | €290k |
| May | -- | €216.4k | €227.5k | €340k |
| June | -- | €187k | €210k | €255k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €1,200 | -- | €1,450 | -- |
| August | €680 | -- | €1,430 | -- |
| September | €640 | €1,800 | €970 | €1,000 |
| October | €740 | €1,500 | €870 | €1,000 |
| November | -- | €1,500 | -- | -- |
| December | €700 | €1,500 | -- | -- |
| March | -- | €750 | -- | -- |
| April | -- | -- | €1,200 | -- |
| May | -- | -- | €1,200 | -- |
| June | -- | €1,080 | €1,070 | -- |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | 7.64 | -- | 10.63 | -- |
| August | 19.61 | -- | 11.11 | -- |
| September | 20.83 | 11.26 | 16.32 | 22.5 |
| October | 18.02 | 13.52 | 18.2 | 23.33 |
| November | -- | 12.97 | -- | -- |
| December | 19.05 | 9.91 | -- | -- |
| March | -- | 19.82 | -- | -- |
| April | -- | -- | 16.67 | -- |
| May | -- | -- | 15.8 | -- |
| June | -- | 14.5 | 16.36 | -- |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €2,620 | €3,280 | €1,850 | €1,570 |
| August | €3,810 | €3,280 | €1,900 | €1,800 |
| September | €3,810 | €3,290 | €2,110 | €1,750 |
| October | €3,810 | €3,290 | €2,110 | €1,820 |
| November | €3,810 | €2,750 | €1,900 | €1,920 |
| December | €3,810 | €2,570 | €1,900 | €1,920 |
| January | €3,640 | €2,610 | €2,100 | €1,920 |
| February | €2,010 | €2,570 | €2,400 | €2,460 |
| March | €3,050 | €2,570 | €2,400 | €2,440 |
| April | -- | €2,830 | €2,160 | €2,250 |
| May | -- | €2,710 | €2,260 | €3,090 |
| June | -- | €2,560 | €2,410 | €2,100 |
Investment Insights by Districts
All | 6.68 % | 15 | 3 | €210,000 | €1,070 |
Studio | -- % | 1 | -- | €170,000 | -- |
1 Bedroom | -- % | -- | -- | -- | -- |
2 Bedrooms | 6.9 % | 3 | 2 | €187,000 | €1,080 |
3 Bedrooms | 6.11 % | 7 | 1 | €210,000 | €1,070 |
4+ Bedrooms | -- % | 4 | -- | €255,000 | -- |
Low Yield (<=4%)
Moderate Yield (4% - 5%)
High Yield (5% - 7%)
Very High Yield (7% - 9%)
Target Yield (>9%)
Summary and Key Takeaways
With a median rental yield of 6.68% and property prices starting at €170,000, Santa Cruz de la Palma
may become a good investment option for some investors.
Median property prices in Santa Cruz de la Palma are €210,000, while the median rent is €1,070. This means that a median property in Santa Cruz de la Palma will pay for itself in 16.4 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price €170,000, rent --.
A median 1-bedroom apartment: --% yield, sale price --, rent --.
A median 2-bedroom apartment: 6.90% yield, sale price €187,000, rent €1,080.
A median 3-bedroom apartment: 6.11% yield, sale price €210,000, rent €1,070.
A median 4+ bedroom apartment: --% yield, sale price €255,000, rent --.
Where exactly to buy the property?