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Canarias

Tenerife

An island split in two by a volcano — the south baked in permanent summer, the north lush with laurel forests and Atlantic mist.

Its story

Volcanic island dominated by Mount Teide (3,718m, Spain's highest peak), dramatic contrast between arid south and green north

Carnival of Santa Cruz (one of the world's largest), Guanche heritage, stargazing on Teide, La Laguna old town (UNESCO)

Papas arrugadas con mojo, gofio, fresh fish, Tenerife wines from volcanic vineyards (Tacoronte-Acentejo DO)

The south is resort-paced; the north and La Laguna have a genuine Canarian rhythm — slower, warmer, rooted

What almost nobody knowsThe north of the island is a different world from the resort south — greener, cooler, more Canarian, and noticeably cheaper.

Hidden gems

La Orotava

Grand colonial mansions with carved wooden balconies overlooking the Orotava Valley — aristocratic Tenerife, largely ignored by tourism.

Garachico

A volcanic eruption in 1706 destroyed its harbour and preserved its soul — natural rock pools, cobbled streets, and almost no tourists.

El Médano

A genuine windsurf and kitesurf town on the southeast coast — young, international, unpretentious, and one of the few places in Tenerife that feels like a real community rather than a resort.

Places to know: Teide National Park (UNESCO) · Anaga Rural Park · Los Gigantes cliffs · Masca gorge

Living here

Airports
Tenerife South Reina Sofía (TFS) · Tenerife North Los Rodeos (TFN)
Getting around
N/A — Canary Islands, no mainland rail connection
Main roads
TF-1 (south motorway), TF-5 (north motorway)
Healthcare
Good — Hospital Universitario de Canarias (La Laguna) is the reference centre, with growing private healthcare sector in the south
Schools
British curriculum available
International community
Large — British retirees in the south, digital nomads in Santa Cruz and La Laguna, growing Scandinavian and German community
Language
Low in tourist south, moderate in Santa Cruz and La Laguna, higher in rural north
Popular areas
Santa Cruz de Tenerife, La Laguna, Costa Adeje, Los Cristianos, Puerto de la Cruz, El Médano

The Dream Nest view

Who it suits

British retirees and second-home buyers in the south, digital nomads attracted by climate and Canarian tax advantages, some Scandinavian and German families, investors in holiday rental properties

Mortgage notes

Canary Islands benefit from a special tax regime (REF) — lower IGIC than mainland IVA (commonly cited around 7% vs 21%, pending verification of the current rates) and other fiscal advantages. Banks familiar with non-resident buyers, especially in the south. Currency exchange is relevant as many buyers earn in GBP. Property transfer tax (ITP) commonly cited around 6.5%, pending verification of the current rate.

Worth knowing before you commit

South Tenerife is heavily developed with large resort complexes — verify exactly what you are buying in urbanisation areas. Tourist rental regulation is strict and evolving in the Canaries. Distance from mainland Spain means some administrative processes take longer. Water supply can be an issue in southern areas.

Indicative information, pending verification by Dream Nest. Sources consulted: Idealista, INE, AEMET, Registradores de España, Gobierno de Canarias

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