Santa Cruz de Tenerife
Rental yield in La Salud
La Salud is an affordable area for Santa Cruz de Tenerife, with a high rental yield and a Total Return above the city average. Here is what a typical flat in La Salud costs to buy and rent, and the Total Return (IRR) it delivers, compared with the other areas of Santa Cruz de Tenerife.
Sale price
1,608
€/m² · second-hand homes
Rent
11.4
€/m² per month · market rate
Gross yield
8.5%
annual rent ÷ price
Total Return
13.7%
10-year IRR · typical flat
Appreciation
+5.1%
a year, 10-15 year history
Cash flow
€206
per month, year 1, after tax
What the data says
La Salud is an area of Santa Cruz de Tenerife. The reference sale price is €1,608/m², based on the Fotocasa index adjusted to transaction prices: 42% below the Santa Cruz de Tenerife median (€2,786/m²). It ranks 15 of 16 neighbourhoods in Santa Cruz de Tenerife by price.
The achievable market rent is around €11.4/m² per month (district figure adjusted to the neighbourhood's rent structure; idealista asking rents adjusted to achievable rent): about €1,026 a month for a typical 90 m² flat, with no legal cap. The gross yield (annual rent ÷ price) comes to 8.5%, 2.9 points above the city median (5.6%): rank 2 of 16 by gross yield.
With a 70% mortgage at 3.80% over 25 years and a sale after 10 years, the estimated Total Return (IRR) for that typical flat is 13.7%, above the Santa Cruz de Tenerife median (10.2%). It takes about €54,840 of cash (deposit, taxes and costs), and first-year cash flow after tax is €206 a month.
Asking prices in its district have grown by an average of 5.1% a year over the last 10 and 15 years (idealista, December 2025). Historical, not a forecast: it is the appreciation the modelled sale assumes.
A typical flat in La Salud
The same standard assumptions as the CasaROI map: change the mortgage, term or tax profile in your account and the Total Return is recalculated for your case.
- Size
- 90 m²
- Purchase price
- €144,720
- Monthly rent
- €1,026
- Cash needed · deposit + transfer tax + costs
- €54,840
- Monthly cash flow (year 1)
- €206
- Total Return (IRR)
- 13.7%
Assumptions: 70% mortgage over 25 years at 3.80%, sale after 10 years, Spanish tax resident at a 37% marginal rate, no renovation.
Nearest areas, ranked by gross yield
| Area | €/m² | Rent €/m² | Gross | IRR |
|---|---|---|---|---|
| Tristán - García Escámez - Somosierra | 1,405 | 11.6 | 9.9% | 15.2% |
| La Salud | 1,608 | 11.4 | 8.5% | 13.7% |
| Buenavista - Chapatal | 2,327 | 12.2 | 6.3% | 11.0% |
| Los Gladiolos | 2,556 | 12.9 | 6.1% | 10.7% |
| La Salle - Cuatro Torres | 2,912 | 13.8 | 5.7% | 10.3% |
| Villa Ascensión - El Perú - Cruz del Señor | 2,384 | 11.0 | 5.5% | 9.9% |
| Ifara - Las Mimosas | 3,281 | 14.9 | 5.4% | 10.0% |
| Salamanca - Uruguay | 3,293 | 13.7 | 5.0% | 9.3% |
| Duggi - Rambla - Los Hoteles | 3,357 | 13.5 | 4.8% | 9.0% |
Frequently asked questions
How much does a square metre cost in La Salud?
€1,608/m² on average, based on the Fotocasa index adjusted to transaction prices. A typical 90 m² flat costs about €144,720, 42% below the Santa Cruz de Tenerife median.
How much is rent in La Salud?
Around €11.4/m² per month at market rates: €1,026 a month for a 90 m² flat, with no legal cap.
Is La Salud a good buy-to-let investment?
The gross yield is 8.5% (Santa Cruz de Tenerife median: 5.6%). With a 70% mortgage and a sale after 10 years, the estimated Total Return (IRR) is 13.7% against a city median of 10.2%. It depends on your financing and tax residency: with your own profile the number can change.
Is La Salud in a stressed rental zone?
No. Santa Cruz de Tenerife is not a declared stressed rental zone: rents are set by the market, with no legal cap.
Buying in La Salud?
Paste the listing and we tell you whether it holds up at that price: legal rent, taxes, red flags and a verdict.
Sources and method
- Sale: Fotocasa · neighbourhood sale-price index (June 2026) · ÷1,13 a precio de transacción (calibrado vs registral Madrid/BCN)
- Rent: idealista · informe de alquiler por neighbourhood donde se publica, si no ancla del district/city (June 2026) ajustada a renta alcanzable (×0,95) con la estructura declarada SERPAVI del neighbourhood (Sistema Estatal de Índices 2024)
- Appreciation: average of the 10- and 15-year rates of the area's asking price — historical, not a forecast