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Follow on Google News | San Juan de Rambla has the lowest property costs in northern Tenerife, SpainSan Juan de Rambla has property costs at 1296 euros per square metre and is the cheapest area in the north of Tenerife. Puerto de la Cruz is the most expensive area in the north at 2562 euros per square metre
By: value it SL Puerto de la Cruz is the most expensive at an average for all properties at 2,562 euros per square metre, followed by 2,219 euros per square metre for El Sauzal which is then followed by Santa Ursula at 2097 euros per square metre. At the other end of the scale San Juan de Rambla has a cost per square metre average of 1,296 euros, closely followed by Icod de los Vinos at 1,403 euros per square metre. This means that the cost of property is almost half in San Juan de Rambla price relative to the average cost in Puerto de la Cruz. The average for the whole of the north of the island including the Isla Baja (Garachico through to Buenavista) area is 2099 euros per square metre Commenting on the figures, J Gardner of Value it, said that these ´´costs per square metre perhaps come as a surprise. For example, El Tanque, with its relative remoteness has a higher cost per square metre than San Juan de Rambla and Icod de Los Vinos. Perhaps it is the protected nature of this area that is keeping prices relatively high.´´ Value It España is a Santa Ursula based company, an independent company specializing in assessments of property prices across the island. Its purpose is to help buyers, who may be uncertain of the market, giving them the means to measure for value for money when buying properties. It recently published a survey of 5,500 properties across the Island of Tenerife, giving detailed information for all types of properties and across all areas. Background information: The costs per square metre, ranking each of the municipios or local government areas are given below: San Juan de rambla Icod 1403 El Tanque 1430 Buenavista 1578 Los Silos 1705 La victoria 1781 Los Realejos La Guancha Garachico 1842 Tacoronte 1868 La Orotava 1909 La Matanza 1991 Santa Ursula El Sauzal 2219 Puerto de la Cruz 2562 # # # About Value It España SL: the publisher and assessor of the Tenerife property price guide, providing the range of prices for property buyers and estate agents in Tenerife Website: www.valueit.es End
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