Nomad Watch

Researched Updated Oct 29, 2026 Last changed Oct 31, 2026 About guide entries

Food and Drink

Local Brewery
Tacoa (El Sauzal) - oldest craft brewery in the Canary Islands
Wine Bars
Vinoteca El Gusto por el Vino (Santa Cruz)
Street Food Stalls
Guachinches (Traditional family-run temporary restaurants in North Tenerife)
Popular International Cuisine
Kaza (Santa Cruz) for Fusion; San Ho (Adeje) for Michelin-starred Nikkei
Best Food Delivery App
Glovo and Just Eat
Best Local Dish to Try
Papas Arrugadas con Mojo (Wrinkled potatoes with spicy sauce)
Vegan/Vegetarian Options
Sweet Home (Santa Cruz); Burger Mel (Vegetarian fast food chain)
Best Dessert Spots
Pastelería Boutique Relieve (Puerto de la Cruz) - famous for artisan pastries
Affordable Shopping Spots
Mercado de Nuestra Señora de África (Santa Cruz) for fresh produce
E-commerce/Online Store
Amazon.es (note: Canary Islands have special customs, some items won't ship)
Grocery Delivery
Mercadona or HiperDino online delivery
Bar/Nightlife Area
Calle de la Noria (Santa Cruz) for bars; Las Veronicas (Playa de las Américas) for clubs

Essentials

City
Tenerife, the largest and most populous island of the Canary Islands, Spain. The capital is Santa Cruz de Tenerife, and Puerto de la Cruz is the main town on the north coast. 7
Population
974,003 inhabitants on 1 July 2026, the INE count for the island of Tenerife. 6
Internet Speed
High-speed fiber widely available, average 300 Mbps - 600 Mbps
Currency & Banking
Euro (EUR). ECB reference on 19 October 2026: 1 EUR = 1.1225 USD (1 USD = 0.8909 EUR). Cards are widely accepted. 1 4
Tap Water
Generally safe to drink in Spain; southern supplies can have higher mineral content and a different taste. Restaurants must offer tap water on request. 4
Power
230 V, 50 Hz; Type C and F sockets (Europlug and Schuko). 4
SIM Card
Buy a prepaid SIM at an Orange or Movistar shop; identification is usually required. Orange Prepago 10 is 10 euros for 28 days (80 GB with the current extra, 15 GB of EU roaming, SIM or eSIM). Movistar Prepago Plus is 10 euros for 28 days (60 GB) and Prepago Premium is 15 euros for 28 days (240 GB). 2 3 4
Banking for Expats
Revolut and N26 are widely used; local accounts like Sabadell available for residents
Accommodation
Short-term via Airbnb; long-term via Idealista or Fotocasa. Average 1-bed flat: €900 - €1,400/month
Cashless Friendly
Very high; cards and Apple/Google Pay accepted even in small mountain kiosks
Short Term Rentals
Airbnb, Booking.com, and Flatio (specific to mid-term stays)
Budget Accommodation
Lagarto Backpackers (El Médano) approx. €25/night; Tenerife Hostel (Los Cristianos) approx. €22/night
Best Area to Stay for Tourists
Costa Adeje for luxury/beaches; Puerto de la Cruz for authentic Canarian vibe
Best Area to Stay for Digital Nomads
Santa Cruz (urban/convenience), La Laguna (university/culture), or El Médano (surf/community)

Working and Networking

Best Coworking Space
YOURSPACE, Calle Bethencourt Alfonso 2, second floor, Santa Cruz de Tenerife: a day pass is 23.54 euros and a monthly fixed desk is 214 euros, both with IGIC included. The room lists 1 gigabit fibre and at most 23 desks. 10 27
Best Cafe for Work
Kaffeehaus (Puerto de la Cruz) or Terreza del Parque (Santa Cruz) - Good Wi-Fi and power outlets
Networking Events
Tenerife Remote Workers & Digital Nomads Meetup group; Startup Grind Tenerife
Social Events for Expats
Language exchange at 'Cervecería Isla' (Santa Cruz) Thursdays at 20:00

Transportation

Best Taxi/Ride App
Uber (limited availability), PideTaxi (most reliable island-wide)
Bike/Scooter Rental
Dott is the shared e-scooter operator in Santa Cruz de Tenerife, with 646 scooters. A 4 January 2026 report says rides stay free for residents who get a discount code. A current bike-hire day rate was not on these pages. 11 12
Best Beach Nearby
Playa de Las Teresitas (Santa Cruz) or Playa del Duque (Costa Adeje)
Top Regional Airline
Binter Canarias (connects islands from €30 for residents)
Top International Airline
Iberia, Ryanair, EasyJet, Jet2 (flying into TFS - South or TFN - North) 5
Highway Access
TF-1 (Southern Motorway) and TF-5 (Northern Motorway) circle most of the island
Main Train/Transit Hub
Intercambiador de Santa Cruz (Main bus hub - no trains on island) 5 23
Public Transport Passes
The ten+ card works on the tram and on TITSA buses. A tram single is 1.35 euros on the card or 1.10 euros in the phone app. A visitor day pass is 10 euros for 24 hours and a week pass is 50 euros. Canary Islands residents pay 19 euros for a month on the tram and on TITSA lines except the Teide and Teno routes. 8
Regional Travel
Green TITSA buses, called guaguas, cover the island. Two tram lines run between Santa Cruz de Tenerife and San Cristóbal de La Laguna. 5

Health and Wellness

Best Hospital
Hospital Universitario de Canarias (Public) or Quirónsalud Tenerife (Private/International) 24 25
Yoga & Wellness Centers
Gayatri Yoga (Santa Cruz); many beach yoga sessions in El Médano (€10-15 drop-in)
Gyms & Fitness Centers
McFIT (Santa Cruz) - approx. €35/month; Dreamfit (La Laguna)
Laundry Services
LavaXpres (Self-service chain) - €5 per wash, €3 per dry

Culture and Attractions

Must-See Landmarks
Mount Teide (Spain's highest peak); Auditorio de Tenerife (Santiago Calatrava design) 5 7
Museums & Art Venues
TEA (Tenerife Espacio de las Artes); MUNA (Museum of Nature and Archaeology)
Historical Sites
San Cristóbal de La Laguna (UNESCO World Heritage city) 7
Religious Sites
Basilica of Our Lady of Candelaria 5
Annual Events
Carnival of Santa Cruz de Tenerife, one of the largest carnival celebrations in the world. 7
Cultural Districts
Old Town La Laguna
Theater Venues
Teatro Guimerá (Santa Cruz)
Local Markets
Mercado Municipal Nuestra Señora de África in Santa Cruz, open daily until 14:30, and a Sunday morning market by the bus station. Playa de las Américas has a market on Thursdays and Saturdays, and Los Cristianos on Sundays and Tuesdays. 5 22
Music Scene
Plaza del Príncipe for open-air concerts; Búho Club (La Laguna) for live music
Street Art
The murals of Puerto de la Cruz (Puerto Street Art project)
Cooking Classes
La Cocina de San Sebastián (Santa Cruz)
Art Galleries
Circulo de Bellas Artes (Santa Cruz)
Historic Buildings
Palacio de Lercaro (La Laguna)
Local Heritage
The Guanche people lived on Tenerife before the Castilian conquest in 1496. Silbo Gomero, the whistled language, is from La Gomera, not this island. 7 21

Nature and Outdoor Activities

Nearby Nature Escapes
Anaga Rural Park (Ancient laurel forests); Masca Valley (hiking) 5 7
National Parks Nearby
Teide National Park 7
Cycling/Walking Paths
Avenida Marítima (Santa Cruz to San Andrés); TF-21 for high-altitude cycling
Scenic Viewpoints
Mirador de Humboldt; Mirador de Chindama
Birdwatching Locations
Teno Rural Park
Bonfire-Friendly Spots
Regulated BBQ areas like Las Lajas (Teide) - fires only in designated grills

Other Services and Amenities

Parcel Delivery Service
Correos (National Post); SEUR; DHL (Special customs forms required for islands)
Tech Repair Services
Banana Computer (Official Apple Reseller/Service in Santa Cruz)
Table Tennis Spots
Circulo de Amistad XII de Enero (Santa Cruz)
Language Classes
Spanish World Institute (Puerto de la Cruz) - approx. €180/week
Libraries & Study Spots
TEA Library (Open 24/7 during exam periods, very nomad-friendly)
Community Centers
Centro Cultural de Adeje
Gaming Lounges
Nexus eSports Center (Santa Cruz)
Casino & Gaming Halls
Casino Santa Cruz is at Rambla de Santa Cruz 105, under Hotel Mencey. The same island company also runs Casino Puerto de la Cruz and Casino Playa de las Américas in Adeje. 26

Business

Studio Purchase Price (City Center)
Fotocasa, October 2026, one asking price for all flat sizes: Centro-Ifara in Santa Cruz de Tenerife is 3,529 euros per square metre, about 141,160 euros for 40 square metres. 9
Studio Purchase Price (Outside City)
The same October 2026 index puts Suroeste, the cheapest district of Santa Cruz, at 1,619 euros per square metre, about 64,760 euros for 40 square metres. 9
1-Bedroom Purchase Price (City Center)
Centro-Ifara, October 2026, 3,529 euros per square metre, about 211,740 euros for 60 square metres. The index does not split prices by bedroom count. 9
1-Bedroom Purchase Price (Outside City)
Suroeste, October 2026, 1,619 euros per square metre, about 97,140 euros for 60 square metres. 9
2-Bedroom Purchase Price (City Center)
Centro-Ifara, October 2026, 3,529 euros per square metre, about 282,320 euros for 80 square metres. 9
2-Bedroom Purchase Price (Outside City)
Suroeste, October 2026, 1,619 euros per square metre, about 129,520 euros for 80 square metres. 9
Corporate Tax
Standard 25% (But ZEC zone allows 4% for qualifying companies) 15 18
Dividend Withholding Tax
Dividends are savings income: 19 percent on the first 6,000 euros, 21 percent to 50,000 euros, 23 percent to 200,000 euros, 27 percent to 300,000 euros, and 30 percent above that. Dividends paid to non-residents are generally withheld at 19 percent, often less under a treaty. The Canary Islands Special Zone lists an exemption on dividends for entities in the zone. 14 18
Tax System
Residents pay Spanish income tax on worldwide income. Non-residents pay tax on Spanish-source income only. Residence is 183 days in the year, or the centre of vital interests. 14
Highest Income Tax Bracket
In 2026 the state income-tax scale tops at 24.5 percent and the Canary Islands scale tops at 26 percent, so the combined marginal top is 50.5 percent. The national withholding table reaches 47 percent above 300,000 euros. The effective top near 54 percent is for the highest regions, not this scale. 13 14
VAT
IGIC (Canary Islands Indirect Tax) - Standard 7% (Lower than mainland Spain's 21%) 16 20
Controlled Foreign Company (CFC) Rules
Spanish controlled-foreign-company rules apply when a Spanish resident holds over 50 percent of a foreign company and that company pays under 75 percent of the tax it would pay in Spain. There is a business-activity exception for companies in the EU and the EEA. 17
Property Tax
IBI is an annual local tax on owning real estate, and the town sets the rate. A current Tenerife percentage was not on the national summary. 16
Property Transaction Tax
In the Canary Islands the general transfer tax on real estate is 6.5 percent in 2026. A new home is charged IGIC instead of mainland VAT. 13 16
Attractive Tax System for Digital Nomads
The special regime for people who move to Spain is optional. Withholding is 24 percent on employment income up to 600,000 euros and 47 percent above that, for the year of the move and the next five. Teleworkers, including people on the international telework visa, can qualify if they opt in. 19

About these guide entries

Change history

    • Method Generated Researched
    • 1-Bedroom Purchase Price (City Center) Approx. €3,500 per m² (e.g., 60 m² = €210,000) Centro-Ifara, October 2026, 3,529 euros per square metre, about 211,740 euros for 60…
    • 1-Bedroom Purchase Price (Outside City) Approx. €1,900 per m² (e.g., 60 m² = €114,000) Suroeste, October 2026, 1,619 euros per square metre, about 97,140 euros for 60 square…
    • 2-Bedroom Purchase Price (City Center) Approx. €3,200 per m² (e.g., 80 m² = €256,000) Centro-Ifara, October 2026, 3,529 euros per square metre, about 282,320 euros for 80…
    • 2-Bedroom Purchase Price (Outside City) Approx. €1,700 per m² (e.g., 80 m² = €136,000) Suroeste, October 2026, 1,619 euros per square metre, about 129,520 euros for 80 square…
    • Annual Events Carnaval de Santa Cruz de Tenerife (Each Feb/March - second only to Rio) Carnival of Santa Cruz de Tenerife, one of the largest carnival celebrations in the world.
    22 more changes
    • Attractive Tax System for Digital Nomads Beckham Law (Fixed 24% for 6 years) or the Spanish Digital Nomad Visa (specific tax perks) The special regime for people who move to Spain is optional. Withholding is 24 percent on…
    • Best Coworking Space Wolfgang Coworking (Santa Cruz) - €20/day, €185/month; Nine Coliving (La Orotava)… YOURSPACE, Calle Bethencourt Alfonso 2, second floor, Santa Cruz de Tenerife: a day pass…
    • Bike/Scooter Rental Link (Superpedestrian) scooters in Santa Cruz; Bike Point Tenerife for cycling (€25/day… Dott is the shared e-scooter operator in Santa Cruz de Tenerife, with 646 scooters. A 4…
    • Casino & Gaming Halls Casino Santa Cruz (Hotel Mencey) Casino Santa Cruz is at Rambla de Santa Cruz 105, under Hotel Mencey. The same island…
    • City Santa Cruz de Tenerife & Puerto de la Cruz, Canary Islands, Spain Tenerife, the largest and most populous island of the Canary Islands, Spain. The capital…
    • Controlled Foreign Company (CFC) Rules Yes, Spanish CFC rules apply Spanish controlled-foreign-company rules apply when a Spanish resident holds over 50…
    • Currency & Banking Euro (EUR). 1 EUR ≈ 1.09 USD. Major banks: CaixaBank, Santander, BBVA Euro (EUR). ECB reference on 19 October 2026: 1 EUR = 1.1225 USD (1 USD = 0.8909 EUR)…
    • Dividend Withholding Tax 19% (Can be 0% for EU/certain treaties) Dividends are savings income: 19 percent on the first 6,000 euros, 21 percent to 50,000…
    • Highest Income Tax Bracket Approx. 47% (Varies slightly by region) In 2026 the state income-tax scale tops at 24.5 percent and the Canary Islands scale tops…
    • Local Heritage Canarian Wrestling (Lucha Canaria) and Silbo Gomero (whistled language) The Guanche people lived on Tenerife before the Castilian conquest in 1496. Silbo Gomero…
    • Local Markets Mercadillo de Teguise (Travel to Lanzarote) or Costa Adeje Market (Thurs/Sat) Mercado Municipal Nuestra Señora de África in Santa Cruz, open daily until 14:30, and a…
    • Population Approximately 950,000 (Tenerife Island total) 974,003 inhabitants on 1 July 2026, the INE count for the island of Tenerife.
    • Power 230V, 50Hz, 🔌 Type C/F sockets 230 V, 50 Hz; Type C and F sockets (Europlug and Schuko).
    • Property Tax IBI (Impuesto sobre Bienes Inmuebles) - Annual, approx. 0.4% - 1.1% of value IBI is an annual local tax on owning real estate, and the town sets the rate. A current…
    • Property Transaction Tax ITP (Property Transfer Tax) - 6.5% for resale properties In the Canary Islands the general transfer tax on real estate is 6.5 percent in 2026. A…
    • Public Transport Passes TITSA 'Ten+ Card'. Single rides €1.25 - €3.50; Monthly unlimited approx. €30 (for… The ten+ card works on the tram and on TITSA buses. A tram single is 1.35 euros on the…
    • Regional Travel TITSA Green Buses (Guaguas) cover the whole island; Fred Olsen Express ferries to other… Green TITSA buses, called guaguas, cover the island. Two tram lines run between Santa Cruz…
    • SIM Card Movistar, Vodafone, Orange, and Digi. Pre-paid 50GB data plans from €15/month Buy a prepaid SIM at an Orange or Movistar shop; identification is usually required…
    • Studio Purchase Price (City Center) Approx. €3,800 per m² (e.g., 40 m² = €152,000) Fotocasa, October 2026, one asking price for all flat sizes: Centro-Ifara in Santa Cruz de…
    • Studio Purchase Price (Outside City) Approx. €2,200 per m² (e.g., 40 m² = €88,000) The same October 2026 index puts Suroeste, the cheapest district of Santa Cruz, at 1,619…
    • Tap Water Safe to drink but high mineral content; most locals and nomads prefer bottled or filtered… Generally safe to drink in Spain; southern supplies can have higher mineral content and a…
    • Tax System Spanish tax resident status after 183 days (worldwide income) Residents pay Spanish income tax on worldwide income. Non-residents pay tax on…

    Fix pass aligned Currency & Banking, Tap Water, Power and SIM Card with the Spain country prep and shared comparison-city wording; added a direct address citation to Best Coworking Space; updated research attribution and verification date; clarified unverified prices, locations and hours for Accommodation, Budget Accommodation, Social Events for Expats, Yoga & Wellness Centers, Gyms & Fitness Centers, Laundry Services, Top Regional Airline, Language Classes and Libraries & Study Spots, and the Movistar recheck timeout (en.wikivoyage.org, orange.es, yourspace.work).

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