Rent price in Granadilla de Abona
Santa Cruz de Tenerife · Canarias
Estimated rent · IPVA 2023
Net income
11.5k€
per capita/yr
Unemployment
10.4%
SEPE
Population
58,752
residents
In 2023, the estimated rent in Granadilla de Abona is €619/month (INE IPVA index), a +4% annual change and 9.2% higher than in 2020. Estimated provincial average in Santa Cruz de Tenerife: €581/month.
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National market context
National rank
#356
out of 748 municipalities
vs Canarias
+30€
region avg: €589
Trend vs Spain
+1.7%
avg: 2.3%
Trend vs region
+1.3%
region avg: €2.7
Granadilla de Abona ranks 356 out of 748 municipalities in the INE rent price index. It is close to the Canarias average (€589/month).
Rent price evolution
Estimated monthly rent in Granadilla de Abona (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
11.489€
per year · INE Atlas
Average household income
33.490€
per year
Rent-to-income ratio
64.7%
of per capita income
Average gross salary
25.120€
per year · Canarias
Rent-to-salary ratio
29.6%
of annual gross salary
The national average effort is 55.4% of per capita income. Granadilla de Abona is 9 points above that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Canarias average.
Registered unemployment
Estimated unemployment rate
10.4%
of estimated active population
Registered unemployed
3,232
people
Annual change
-3.2%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Granadilla de Abona?
With rent at €619/month, the recommended salary (30% rule) is €36,500 gross/year.
Recommended salary
36,500€
gross / year
Rent
619€
/ month
Real avg income
11,489€
net / year
Enter your gross annual salary to see what rent in Granadilla de Abona means for your budget.
What would a mortgage cost in Granadilla de Abona?
For a €125,000 property (estimated from current rent), the monthly payment would be €501 over 25 years at 3.5%. You need €37,500 for the down payment and costs (20% + 10%). Based on average incomes in Granadilla de Abona, saving that amount would take around 3.7 years.
What does it cost to live in Granadilla de Abona?
Rent is €619/month. With average food, transport and utilities, the estimated cost of living is €1,389/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
Climate
Monthly max & min temperature (°C) · 2015–2024 normals
Source: Open-Meteo · ERA5 reanalysis (ECMWF)
Rent index evolution
| Year | INE IPVA Index | Estimated rent |
|---|---|---|
| 2023 | 128.988 | 619€ |
| 2022 | 123.975 | 595€ |
| 2021 | 119.897 | 576€ |
| 2020 | 118.146 | 567€ |
Frequently asked questions
How much does it cost to rent in Granadilla de Abona?
The estimated rent in Granadilla de Abona is €619/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Granadilla de Abona?
Rent in Granadilla de Abona has risen by 4% compared to the previous year, per the INE IPVA index.
Is Granadilla de Abona expensive to rent compared to the national average?
Rent in Granadilla de Abona (€619/month) is close to the national average (€648/month).
How much do you need to earn to live in Granadilla de Abona?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €25000 net per year to live in Granadilla de Abona with a rent of €619/month.
What would a mortgage cost in Granadilla de Abona?
For an estimated property price of €125,000 in Granadilla de Abona (based on current rent of €619/month), the monthly mortgage payment would be €501 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €37,500 (20% down + ~10% costs).
Santa Cruz de Tenerife province
View all municipalities and compare prices
Other municipalities in Santa Cruz de Tenerife
Municipalities with similar rent
Municipalities in Spain with a similar rent to Granadilla de Abona (±10%)
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Want to compare Granadilla de Abona with another municipality?
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Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →Methodology
Data comes from the Housing Rental Price Index (IPVA) published by Spain's National Statistics Institute (INE), with base 100 in 2015. The estimated rent is calculated by applying the index to the median reference price for the province in 2015.
Source: INE IPVA base 2015=100 · INE code: 38017