Nathan op Tenerife
Listing N° 7C  ·  Filed 11 February, Puerto de la Cruz

Puerto House, Puerto de la Cruz.

4 bed · 1 bath186 m² + 12 m² terraceBuilt 1998Lift · 2nd floor
Asking  ·  My target
620,000 / €588k
See the thesis
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Plate I  ·  South terrace, late afternoon
Photograph by the editor
In this feature
Ch. I
The take
Ch. II
The numbers
Ch. III
The plates
Ch. IV
The location
Nathan's take
The honest note

Quiet street, recently renovated, Sabadell will lend 60% for non-residents. My favourite this month.

Verdict
New this week.
Market context · Canarias (QIV 2025)
Canarias prices 6.8% higher than a year ago — market running hot.
1-year
+6.8%
5-year
+26.4%
vs peak
6%
QIV 2025
source: INE Índice de Precios de la Vivienda (base 2015 = 100)

Walked with Andrés, my builder, on the tenth. The building is older than the listing suggests, but looked after — plumbing redone 2018, same administrator since 2015.

Not in the listing: the kitchen extractor isn't to code, and one window frame needs replacing within five years. Together about €2,400.

My read: open at €583k, settle at €588k. Listing's been up nineteen days, nothing comparable on this block has sold below €378k in twelve months. You're not overpaying.

By the numbers
Listed
€620,000
€3,333 / m²
My target
€588,000
5.2% under asking
Community fee
€95 / mo
Bank-audited accounts
Pending derrama
None
Minutes through 2027
The true cost, at my target
Purchase price
€588,000
ITP — 6.5% Canarias
€38,220
Notary
€1,450
Land registry
€680
Gestoría
€600
My fee — 1.5%
€8,820
All-in, done
637,770
The location
Puerto de la Cruz · NorthOpen in Google Maps →

Where this one sits.

Puerto de la Cruz, North Tenerife.

Beach321 m
Supermarket121 m
School259 m
Hospital325 m
Airport20.4 km
From the editor
Nathan Derkse, editor
A note

“If you'd like me to walk this apartment with you — on video, or next week in person — send me a message. Twenty minutes, and we'll know whether it's the one.”

Nathan