Here’s a summarized list of significant and interesting points from the article:
- Yearly Erosion (July 2022 – July 2023):
- Area of erosion saw a 17.1% increase over a 12-month period.
- Los Cristianos reported a 20% increase over a 12-month period.
- The whole area of cost ec witnessed a 33% increase.
- A 25.5% increase was noted for cost ec.
- Month-to-Month Change (June 2023 – July 2023):
- Decrease observed in Los Cristianos.
- Previous month showed a slight decrease at about -0.1% in property prices.
- Asking prices for the past two months have remained relatively stagnant.
- Property Overview for July 2023:
- A total of 54 properties for sale in all of Tenerife.
- 1,500 properties available in the whole municipality of Arona.
- Average asking price: 3,250 euros per square meter.
- Breaking Arona down:
- 1,507 properties for sale in Arona.
- 406 properties are in Los Cristianos.
- Asking price for Los Cristianos: 4,128 euros per square meter.
- Adeje municipality:
- 9,364 properties for sale in Tenerife.
- 1,834 properties available for purchase.
- Average asking price: 4,476 euros per square meter.
- Las Americas in Adeje:
- Total of 1,834 properties.
- Las Americas is split between Arona and a decade.
- 155 properties are for sale in Las Americas.
- Average asking price: Just under 5,400 euros per square meter.
- Costa Adeje:
- It stretches from half of Las Americas up to PayPal.
- 1,834 properties available in decade (previously mentioned).
- 1,097 properties for sale along the Costa Adeje.
- Average asking price: 5,149 euros.
The report provides insights into the property market trends and prices in Tenerife as of the end of July 2023.
