Nomad Watch

Changelog

Every change to our researched data, with the old and new value and why it changed. Records are researched from official sources and published through review.

  1. City guide El Medano

    • Method Generated ⁠Researched
    • 1-Bedroom Purchase Price (City Center) Approx. €4,200 per m² (e.g., 55 m² = €231,000) ⁠Fotocasa asking prices for October 2026 in El Médano, all flat sizes together, are 4,190…
    • 1-Bedroom Purchase Price (Outside City) Approx. €2,800 per m² (e.g., 55 m² = €154,000) ⁠Fotocasa asking prices for October 2026 in San Isidro, all flat sizes together, are 2,263…
    • 2-Bedroom Purchase Price (City Center) Approx. €3,800 per m² (e.g., 85 m² = €323,000) ⁠Fotocasa asking prices for October 2026 in El Médano, all flat sizes together, are 4,190…
    • 2-Bedroom Purchase Price (Outside City) Approx. €2,400 per m² (e.g., 85 m² = €204,000) ⁠Fotocasa asking prices for October 2026 in San Isidro, all flat sizes together, are 2,263…
    • Accommodation Apartments dominate; price range €1,200–€1,800/month for 1-bedroom via Idealista or local… ⁠Apartments are the usual let. A Fotocasa listing in El Médano in October 2026 asked 1,300…
    • Attractive Tax System for Digital Nomads Telework Visa available with potential lower 15% rate for new residents for up to 5 years. ⁠Many passports can stay 90 days in any 180 without a visa. Work needs a permit. Qualifying…
    • Best Area to Stay for Tourists Plaza Roja / Playa Sur area for proximity to beaches and restaurants. ⁠Plaza Magallanes, known as Plaza Roja, and the main beach, for the restaurants and the…
    • Best Beach Nearby Playa del Médano (Main town beach) and Playa de la Tejita (10 mins via bike). ⁠The main beach is Playa de El Médano, also called Leocadio Machado, and Playa de La Tejita…

    fix pass aligned Currency & Banking, Tap Water, Power and SIM Card with shared Spain country wording and Highest Income Tax Bracket with the country tax summary; refreshed research attribution and verification date. Added explicit evidence limits for Best Coworking Space, Best Cafe for Work, Main Train/Transit Hub, Best Hospital, Accommodation, Budget Accommodation, Bike/Scooter Rental, Yoga & Wellness Centers, Gyms & Fitness Centers, Laundry Services, Best Dessert Spots, Local Markets and Street Food Stalls; retained their existing values pending verification (https://en.wikivoyage.org/wiki/Spain, https://www.movistar.es/tarifas-moviles/prepago/, https://www.orange.es/tarifas/movil/prepago/orange-prepago-10, https://taxsummaries.pwc.com/spain/individual/taxes-on-personal-income, https://daydreamelmedano.com/our-place).

  2. City guide El Hierro

    • Best Local Dish to Try Quesadilla Herreña (sweet cheese cake) and Mojo Queso. ⁠Quesadilla herreña is a sweet cheese cake made with local cheese. Also try papas arrugadas…
    • Best Taxi/Ride App No Uber/Bolt. Use local Radio Taxi El Hierro (+34 922 550 729). Rates approx €15-20… ⁠Transhierro taxis answer on 922 550 729. The operator page does not list a ride-hailing…
    • Bonfire-Friendly Spots Hoya del Morcillo (recreational area with stone BBQ pits; strictly regulated). ⁠Hoya del Morcillo, above El Pinar, is the only official campsite and has fire pits…
    • Cashless Friendly Mostly yes, but carry cash for small rural bars and local markets in villages like Isora. ⁠Cards are widely accepted; carry cash for smaller venues and markets.
    • Controlled Foreign Company (CFC) Rules Yes, Spanish CFC rules apply to ensure transparency. ⁠Yes. Spanish rules can tax a foreign company when Spanish residents hold over 50 percent…
    • Corporate Tax 4% for companies under ZEC (Canary Islands Special Zone) status. ⁠The general corporation-tax rate is 25 percent. The Canary Special Zone publishes a 4…
    • Currency & Banking 1 EUR ≈ 1.09 USD. Major banks: CaixaBank, BBVA, and Cajamar located in Valverde. ⁠Euro (EUR). ECB reference on 19 October 2026: 1 EUR = 1.1225 USD (1 USD = 0.8909 EUR)…
    • Dividend Withholding Tax 19% to 26% (Standard Spanish rates, though ZEC may offer exemptions). ⁠Dividends are savings income: 19 percent on the first 6,000 euros, 21 percent to 50,000…
    • Highest Income Tax Bracket 47% (Standard Spanish personal income tax). ⁠The national withholding guideline is 47% above €300,000; effective top rates reach about…
    • Highway Access HI-1 (Valverde to Frontera) and HI-2 (Valverde to the Port/Airport). ⁠The Los Roquillos tunnel on the HI-5 is the shortcut between Valverde and the El Golfo…
    • Historical Sites Pozo de la Salud (famed healing well) and the Garoé Sacred Tree site. ⁠The Garoé, the sacred water tree above San Andrés, and Pozo de la Salud, the old well on…
    • Main Train/Transit Hub No trains. Estación de Guaguas (Bus Station) in Valverde is the main hub. ⁠There is no railway. Transhierro runs the island buses. The resident pass is renewed at…
    • Museums & Art Venues Centro de Interpretación de las Selvas (Guinea Eco-museum) and Lagartario. ⁠Poblado de Guinea is a free open-air village museum. The volcanic tube and the Lagartario…
    • Must-See Landmarks El Sabinar (twisted juniper trees) and Faro de Orchilla (former Meridian 0). ⁠El Sabinar, the juniper forest at the western tip, and the Faro de Orchilla, finished in…
    • National Parks Nearby The entire island is a UNESCO Biosphere Reserve; no National Park, but 60% is protected… ⁠The whole island was named a UNESCO Biosphere Reserve in 2000 and a UNESCO Geopark in…
    • Nearby Nature Escapes Reserva Marina de La Restinga - world-class diving with volcanic caves. ⁠The sea south of La Restinga is a statutory marine reserve used for diving, with lava…
    • Parcel Delivery Service Correos (Valverde) and SEUR for private deliveries from the mainland. ⁠Correos has post offices in Valverde and in Tigaday.
    • Population 11,200 ⁠12,040 inhabitants on 1 January 2025: Valverde 5,338, Frontera 4,660 and El Pinar de El…
    • Power 230V, 50Hz, 🔌 Type C/F sockets (standard European). ⁠230 V, 50 Hz, Type C and F sockets (Europlug and Schuko).
    • Property Tax IBI (Impuesto sobre Bienes Inmuebles) - approx. 0.4% to 1.1% of cadastral value annually. ⁠IBI is an annual municipal tax on owning real estate, and the town sets the rate. A…
    • Property Transaction Tax 6.5% ITP (Impuesto sobre Transmisiones Patrimoniales) for pre-owned homes. ⁠In the Canary Islands the general transfer tax on real estate is 6.5 percent in 2026. A…
    • Public Transport Passes Transhierro Bus Card (Bono Residente) provides significant discounts for frequent… ⁠A single Transhierro ride is 1.35 euros. Trip cards are 10 euros for 10 rides, 19 euros…
    • Regional Travel Naviera Armas Ferry connects Puerto de la Estaca to Los Cristianos (Tenerife) in 2.5… ⁠Naviera Armas and Fred Olsen each sail once a day between Los Cristianos on Tenerife and…
    • Religious Sites Iglesia de la Concepción (Valverde) and Ermita de Nuestra Señora de los Reyes. ⁠Iglesia de la Concepción in Valverde, and the Santuario de la Virgen de los Reyes beside…
    • SIM Card Movistar, Vodafone, and Orange. Movistar has the best coverage across the island's… ⁠Buy a prepaid SIM at an Orange or Movistar shop and bring identification for registration…
    • Scenic Viewpoints Mirador de la Peña (designed by César Manrique) with views over El Golfo. ⁠Mirador de la Peña, with a restaurant, looks over the El Golfo valley. Mirador de Jinama…
    • Tap Water Safe to drink, though many locals prefer bottled water due to high mineral content from… ⁠Generally safe to drink nationwide; southern regions may have higher mineral content…
    • Tax System Resident worldwide income basis; El Hierro benefits from IGIC (7%) instead of VAT (21%). ⁠Residents (183 days in the calendar year, or a centre of vital interests in Spain) are…
    • Top International Airline None direct; fly via Tenerife South (TFS) or North (TFN) with Iberia or Ryanair. ⁠No airline flies abroad from El Hierro. Onward flights connect at Tenerife North or Gran…
    • Top Regional Airline Binter Canarias and Canaryfly (Daily flights to Tenerife North and Gran Canaria). ⁠Binter Canarias flies to Gran Canaria and Tenerife North. Canaryfly flies to Tenerife…
    • VAT 0% (The Canary Islands use IGIC, standard rate is 7%). ⁠The Canary Islands do not charge mainland VAT. The local sales tax is IGIC. The general…

    fix pass. Currency & Banking now states the prep exchange rate to four decimal places; Tap Water and Cashless Friendly use the shared country advice; SIM Card uses the shared prepaid recommendation with island coverage kept in the area advice; Tax System adds the prep residence tests; Highest Income Tax Bracket restores the national withholding and highest-region context alongside the Canary rate; Best Coworking Space clarifies that all three prices exclude IGIC. Accommodation, Best Dessert Spots and Museums & Art Venues are explicitly listed as lacking current operator-price verification. Research date and model updated for this fix (https://en.wikivoyage.org/wiki/Spain, https://www.orange.es/tarifas/movil/prepago/orange-prepago-10, https://www.movistar.es/tarifas-moviles/prepago/, https://taxsummaries.pwc.com/spain/individual/residence, https://taxsummaries.pwc.com/spain/individual/taxes-on-personal-income, https://coworking.doceveintitres.com/nuestros-espacios/mesas-flexibles/, https://en.wikivoyage.org/wiki/El_Hierro).

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