Business
- Studio Purchase Price (City Center)
- Approx. €4,500 per m² (e.g., 35 m² = €157,500)
- Studio Purchase Price (Outside City)
- Approx. €3,200 per m² (e.g., 35 m² = €112,000)
- 1-Bedroom Purchase Price (City Center)
- Approx. €4,000 per m² (e.g., 50 m² = €200,000)
- 1-Bedroom Purchase Price (Outside City)
- Approx. €2,800 per m² (e.g., 50 m² = €140,000)
- 2-Bedroom Purchase Price (City Center)
- Approx. €3,800 per m² (e.g., 80 m² = €304,000)
- 2-Bedroom Purchase Price (Outside City)
- Approx. €2,500 per m² (e.g., 80 m² = €200,000)
- Corporate Tax
- Canary Islands Special Zone (ZEC) offers 4% rate for eligible companies; standard Spain is 25%.
- Dividend Withholding Tax
- 19% - 26% (Spain standard, but exemptions apply for ZEC).
- Tax System
- Worldwide income for residents (>183 days). Unique IGIC (7%) instead of VAT.
- Highest Income Tax Bracket
- Approx. 45-47% (varies by autonomous region).
- VAT
- 7% (Known as IGIC in the Canary Islands, much lower than mainland 21%).
- Controlled Foreign Company (CFC) Rules
- Yes, Spain applies strict CFC rules.
- Property Tax
- Yes, IBI (Impuesto sobre Bienes Inmuebles) annually based on cadastral value.
- Property Transaction Tax
- 6.5% ITP (Transfer Tax) for resale properties in the Canaries.
- Attractive Tax System for Digital Nomads
- Beckham Law (Flat 24% tax for 6 years) or the 4% ZEC rate for high-employment tech companies.
Essentials
- City
- Los Cristianos, Arona, Tenerife, Canary Islands, Spain
- Population
- Approx. 22,000
- Internet Speed
- High-speed fiber widely available; averaging 300 Mbps - 600 Mbps
- Currency & Banking
- Euro (EUR). 1 EUR ≈ 1.09 USD. Major banks: CaixaBank, BBVA, Santander.
- Tap Water
- Safe for hygiene but high mineral content/bad taste; most residents buy bottled water (8L for €1.40) or use filters.
- Power
- 230V, 50Hz, 🔌 Type C/F sockets
- SIM Card
- Movistar, Vodafone, Orange, and Digi (best value). 100GB for approx. €15-€20.
- Banking for Expats
- Revolut and Wise are highly recommended. Local accounts available with NIE at Sabadell.
- Accommodation
- Airbnb, Booking.com, and local agencies like Tenerife Property Shop.
- Cashless Friendly
- Yes, cards and Apple/Google Pay accepted almost everywhere including beach bars.
- Short Term Rentals
- Airbnb and Idealista; expect €1,200 - €2,000 per month for central apartments.
- Budget Accommodation
- Dive Experience Hostel (approx. €30/night) or Tenerife Hostels.
- Best Area to Stay for Tourists
- Playa de Los Cristianos and the Harbor area for proximity to activities and ferries.
- Best Area to Stay for Digital Nomads
- Avenida de Suecia for local vibes or Chayofa (10 mins away) for quieter, cheaper villas.
Working and Networking
- Best Coworking Space
- Coworking in the Sun (Puerto de la Cruz nearby) or local hubs like 'The Zen Den' in Costa Adeje (10 mins away, €20/day).
- Best Cafe for Work
- Finca del Arte (quiet environment) or Loft Coffee and Food (good WiFi/power sockets).
- Networking Events
- Tenerife Digital Nomads Meetup group and 'Tenerife Remote Workers' on Facebook.
- Social Events for Expats
- Friday night mixers at various beach bars in Las Vistas; Tenerife South Expat Facebook Group.
Transportation
- Best Taxi/Ride App
- Taxis are plentiful; call +34 922 74 75 11. Uber and Bolt are active but limited.
- Bike/Scooter Rental
- Bike Point Tenerife (approx. €25/day for road bikes).
- Best Beach Nearby
- Playa de las Vistas (Golden sand, calm waters).
- Top Regional Airline
- Binter Canarias (connects islands from Tenerife North airport).
- Top International Airline
- Ryanair, EasyJet, and Jet2 flying into Tenerife South (TFS).
- Highway Access
- Direct access to TF-1 motorway (Autopista del Sur).
- Main Train/Transit Hub
- Los Cristianos Bus Station (Estación de Guaguas); no trains on the island.
- Public Transport Passes
- Ten+ card (rechargeable); approx €1.50 per local trip. Large discounts for residents.
- Regional Travel
- TITSA Buses (Guaguas) connect the whole island; Fred. Olsen ferries to La Gomera.
Health and Wellness
- Best Hospital
- Hospiten Sur (Private, Calle Siete Islas, Playa de las Américas).
- Yoga & Wellness Centers
- Pura Vida Yoga Tenerife (Playa de las Vistas, approx. €12 per class).
- Gyms & Fitness Centers
- Aqua Club Termal (Gym & Spa facility) or Tenerife Top Training (T3).
- Laundry Services
- Tintorería Imperial or self-service 'Lavandería Automática' (approx. €5 per load).
Food and Drink
- Best Food Delivery App
- Glovo and Uber Eats.
- Best Local Dish to Try
- Papas Arrugadas con Mojo (Wrinkled potatoes with spicy sauce).
- Vegan/Vegetarian Options
- K-Raw Vegan (near the port) and BuenaVida Vegan (Costa Adeje).
- Best Dessert Spots
- Habibi (for Middle Eastern sweets) or Gelato del Porto (premium ice cream).
- Affordable Shopping Spots
- Mercadillo de Los Cristianos (Sundays) and Mercadona supermarkets.
- E-commerce/Online Store
- Amazon.es (note: shipping to Canaries can take longer due to customs).
- Grocery Delivery
- Mercadona or El Corte Inglés online.
- Bar/Nightlife Area
- San Telmo (beachfront bars with sunset views).
- Local Brewery
- Tacoa (located in El Sauzal, but widely served in local bars).
- Wine Bars
- Vineyard (Calle General Franco) specializing in Tenerife Malvasía wines.
- Street Food Stalls
- The Guachinches (traditional family-run kiosks) located slightly inland.
- Popular International Cuisine
- Chill Out (Indian cuisine) or Oro di Napoli (Authentic Neapolitan Pizza).
Culture and Attractions
- Must-See Landmarks
- The Harbor (Puerto de Los Cristianos) and Montaña de Guaza.
- Museums & Art Venues
- Centro Cultural de Los Cristianos (Art exhibitions and theater).
- Historical Sites
- The old town core around Calle de la Iglesia.
- Religious Sites
- Nuestra Señora del Carmen Church.
- Annual Events
- Los Cristianos Carnival (Late March/April) featuring huge parades.
- Cultural Districts
- The Old Town (Casco Histórico).
- Theater Venues
- Auditorio de Tenerife (in Santa Cruz, 45 mins away).
- Local Markets
- Los Cristianos Street Market (Tuesdays and Sundays, 09:00 - 14:00).
- Music Scene
- Live jazz at San Telmo area bars.
- Street Art
- Various murals near the port and Cultural Center.
- Cooking Classes
- Local workshops often arranged via 'Arona cultural' website.
- Art Galleries
- Exhibition hall in the Centro Cultural de Arona.
- Historic Buildings
- Casa de la Bodega (Historic architecture).
- Local Heritage
- The Fishing Tradition (celebrated during the Fiesta del Carmen).
Nature and Outdoor Activities
- Nearby Nature Escapes
- Montaña Amarilla (Yellow Mountain) for snorkeling and hiking.
- National Parks Nearby
- Teide National Park (approx. 50 mins drive to the base).
- Cycling/Walking Paths
- The Promenade (Paseo Marítimo) stretching 8km to La Caleta.
- Scenic Viewpoints
- Mirador de la Centinela (15 mins drive inland).
- Birdwatching Locations
- Cliffs of Montaña de Guaza.
- Bonfire-Friendly Spots
- Generally prohibited on beaches; use designated BBQ areas in 'Zonas Recreativas' like Las Lajas.
Other Services and Amenities
- Parcel Delivery Service
- Correos (Post Office) and SEUR (DPD partner).
- Tech Repair Services
- PC Box in nearby Adeje or various repair shops in CC Pasarela.
- Table Tennis Spots
- Many hotels offer tables; public parks in nearby El Mojón have outdoor tables.
- Language Classes
- FU International Academy (highly rated for nomads).
- Libraries & Study Spots
- Biblioteca Pública Municipal de Arona (Los Cristianos branch).
- Community Centers
- Centro Cultural de Los Cristianos.
- Gaming Lounges
- The Game (located in Siam Mall nearby).
- Casino & Gaming Halls
- Casino Playa de las Américas.