Selling Property in Tenerife

Get a realistic sale price, a clear net figure after tax, and a plan to actually get the deal completed, not just listed.

Selling Tenerife property since 2006, focused on realistic pricing and clean completions.

Ready to sell now? Start with a valuation and net return estimate.
Still researching? Use this page as your main guide to the process.

If you are thinking of selling property in Tenerife, the first question is not just what price you might achieve. It is what your property is really worth in the current market, what you are likely to walk away with after taxes and costs, and what needs to happen to get the sale through cleanly.

What this page covers

This page is the main entry point for sellers. It explains how I approach pricing, positioning and marketing, what sellers often overlook, and where to go for deeper guidance on taxes, documents, lawyers, power of attorney, tenants, and other practical issues.

The goal is simple. Give sellers enough clarity to move forward confidently, without turning this page into a bloated catch-all guide now that the supporting pages exist.

Who this is for

  • Owners who want to get the ball rolling with a valuation
  • Sellers who want to understand likely net return before committing
  • Non-resident owners in the UK or elsewhere who need practical guidance
  • Sellers dealing with tenants, inheritance, paperwork or legal uncertainty
  • Owners who are already listed with other agents but stuck on the market
  • Owners comparing agents and trying to work out who actually adds value

Request your valuation, costs and net return estimate

Send a few details and I will come back to you with a realistic sale price range, likely costs, and your probable net return.

Or, read more about Tenerife Property Valuations

"*" indicates required fields

Name
If you do not know then please just add "Don´t know"

Valuations are prepared personally by me, not auto-generated from portal asking prices.

What a good valuation should tell you

A proper valuation should show not just likely sale price, but how your property sits in the market, what type of buyer it is likely to attract, and what your likely net result looks like after real selling costs.

If your current “valuation” does not tell you those things, it is not complete.

How I approach a sale

Many agencies in Tenerife rely on volume. Large listing numbers can create the impression of market presence, but in practice they often lead to stale stock, weak follow-through, and properties that sit around being chipped away on price.

My approach is more focused and more hands-on.

  • Pricing discipline: I will tell you if an asking price risks leaving you stuck on the market for a year.
  • Sharper positioning: We decide how the property should be framed so the asking price makes sense in the market.
  • Active progression: I stay involved with lawyers, banks and the notary so the sale does not drift or collapse over paperwork.
  • Commercial realism: The aim is the best net result in your pocket, not the prettiest figure in a WhatsApp message.

Testimonial: “Apartment only on sale for 2 weeks and a prompt sale just as the agent had said. Would definitely recommend selling through this agent unlike others who seem to wait for buyers to come to them. Andy was very professional in his work and no expense in putting the apartment out there for everyone to see.”
— Terry Brownlee (Verified on Google)

Pricing, taxes and net return

Transparency matters. The goal is not just a sale price, but the strongest achievable net return once fees, taxes and selling costs are taken into account.

For many non-resident sellers, the 3% retention and capital gains tax are the biggest surprise deductions. Resident sellers often underestimate how much the full tax picture depends on residence, ownership history and the structure of the sale.

I am not your tax adviser, but I do explain the main moving parts early so you can plan properly with your accountant or lawyer and avoid surprises later.

For a full breakdown of resident seller tax, non-resident 3% retention, plusvalía, and how exchange-rate movements can affect home-country tax, read What Taxes Do I Pay When Selling a Property in Tenerife?

Reality check

Two sellers can agree the same sale price and walk away with very different outcomes once tax position, ownership history and sale structure are taken into account. The tables below show the kind of numbers most non-resident sellers in South Tenerife are actually working with.

Worked examples: what selling a Tenerife property actually costs

Three realistic non-resident seller examples at 250.000€, 450.000€ and 650.000€. Each shows two scenarios. A best-case column with a 4% agency fee and no mortgage or lawyer, and a fuller-case column with a 5% agency fee, a lawyer at 2.000€ and a mortgage to cancel. Typical Tenerife agency fees sit in the 4% to 6% range, so these two columns anchor the realistic lower and middle of what a seller should expect. Lawyer fees are optional, but many non-resident sellers choose to use one. Plusvalía is illustrative only and scales with land cadastral value and ownership length, not sale price.

Example 1: 250.000€ sale price

Illustrative selling costs on a 250.000€ sale, non-resident EU seller
Line 4% agency, no mortgage, no lawyer 5% agency, mortgage to cancel, lawyer used Notes
Sale price 250.000,00€ 250.000,00€ Agreed sale price at notary.
Agency fee 10.000,00€
(4%)
12.500,00€
(5%)
Typical Tenerife range 4% to 6%, agreed up front in writing.
IGIC on agency fee 700,00€
(7% of 10.000€)
875,00€
(7% of 12.500€)
Canary Islands equivalent of VAT, on agency fee, not sale price.
3% non-resident retention 7.500,00€ 7.500,00€ Withheld by the buyer at notary under Modelo 211 as an advance against CGT. Refundable if actual CGT liability is lower.
Plusvalía municipal 2.000,00€ 2.000,00€ Illustrative estimate only. Actual figure depends on land cadastral value, ownership length and the lower of objective or real-gain calculation.
Mortgage cancellation and registration 1.200,00€ Only applies if a mortgage is still registered at the Land Registry. Separate from the outstanding mortgage balance itself.
Lawyer fee 2.000,00€ Optional. Strongly recommended for non-resident, inherited or legally complex sales. Typical 0,5% to 1% of sale price. Shown as a flat 2.000€ here.
Total deductions at notary 20.200,00€ 26.075,00€ Before any further CGT settlement.
Indicative net at notary 229.800,00€ 223.925,00€ Before any outstanding mortgage redemption is paid to the bank from these proceeds.

Example 2: 450.000€ sale price

Illustrative selling costs on a 450.000€ sale, non-resident EU seller
Line 4% agency, no mortgage, no lawyer 5% agency, mortgage to cancel, lawyer used Notes
Sale price 450.000,00€ 450.000,00€ Agreed sale price at notary.
Agency fee 18.000,00€
(4%)
22.500,00€
(5%)
Typical Tenerife range 4% to 6%, agreed up front in writing.
IGIC on agency fee 1.260,00€
(7% of 18.000€)
1.575,00€
(7% of 22.500€)
Canary Islands equivalent of VAT, on agency fee, not sale price.
3% non-resident retention 13.500,00€ 13.500,00€ Withheld by the buyer at notary under Modelo 211 as an advance against CGT. Refundable if actual CGT liability is lower.
Plusvalía municipal 3.500,00€ 3.500,00€ Illustrative estimate only. Actual figure depends on land cadastral value, ownership length and the lower of objective or real-gain calculation.
Mortgage cancellation and registration 1.200,00€ Only applies if a mortgage is still registered at the Land Registry. Separate from the outstanding mortgage balance itself.
Lawyer fee 2.000,00€ Optional. Strongly recommended for non-resident, inherited or legally complex sales. Typical 0,5% to 1% of sale price. Shown as a flat 2.000€ here.
Total deductions at notary 36.260,00€ 44.275,00€ Before any further CGT settlement.
Indicative net at notary 413.740,00€ 405.725,00€ Before any outstanding mortgage redemption is paid to the bank from these proceeds.

Example 3: 650.000€ sale price

Illustrative selling costs on a 650.000€ sale, non-resident EU seller
Line 4% agency, no mortgage, no lawyer 5% agency, mortgage to cancel, lawyer used Notes
Sale price 650.000,00€ 650.000,00€ Agreed sale price at notary.
Agency fee 26.000,00€
(4%)
32.500,00€
(5%)
Typical Tenerife range 4% to 6%, agreed up front in writing.
IGIC on agency fee 1.820,00€
(7% of 26.000€)
2.275,00€
(7% of 32.500€)
Canary Islands equivalent of VAT, on agency fee, not sale price.
3% non-resident retention 19.500,00€ 19.500,00€ Withheld by the buyer at notary under Modelo 211 as an advance against CGT. Refundable if actual CGT liability is lower.
Plusvalía municipal 5.000,00€ 5.000,00€ Illustrative estimate only. Actual figure depends on land cadastral value, ownership length and the lower of objective or real-gain calculation.
Mortgage cancellation and registration 1.200,00€ Only applies if a mortgage is still registered at the Land Registry. Separate from the outstanding mortgage balance itself.
Lawyer fee 2.000,00€ Optional. Strongly recommended for non-resident, inherited or legally complex sales. Typical 0,5% to 1% of sale price. Shown as a flat 2.000€ here.
Total deductions at notary 52.320,00€ 62.475,00€ Before any further CGT settlement.
Indicative net at notary 597.680,00€ 587.525,00€ Before any outstanding mortgage redemption is paid to the bank from these proceeds.

What these examples do not include

  • Outstanding mortgage balance. If your property still has a mortgage, the bank is paid the outstanding capital from the sale proceeds at completion. The mortgage cancellation and registration figure above is only the administrative cost of removing the charge from the Land Registry afterwards, not the loan redemption itself.
  • Final Capital Gains Tax settlement. Non-residents pay 19% CGT (EU and EEA) or 24% (non-EU) on the actual gain, calculated as sale price minus original acquisition cost, minus allowable expenses. The 3% already retained is credited against this final figure through Modelo 210, filed within four months of sale. You either owe the balance or reclaim the difference.
  • Power of attorney fees. Usually included within a lawyer’s fee, but can be charged separately where a notarial POA is granted.
  • Community fees, IBI and utilities up to completion date. Usually prorated at notary, small in most cases but must be current.

Figures are illustrative and rounded for clarity. Your actual position depends on tax residence, ownership history, documentation and the structure of the sale. For a figure tailored to your property and position, request a valuation and net return estimate.

The numbers above explain why agency fee alone is a weak way to compare agents. A cheaper fee with weak execution routinely costs a seller more in a dropped price or a stalled listing than a slightly higher fee with a clean sale. If you want the numbers tailored to your own property, the cleanest next step is still a proper valuation and net return estimate.

How I market property properly

Good marketing is not just about throwing a listing online and hoping for the best. It is about placing the property in the right settings, in front of the right audience, with the right presentation and the right level of control.

What matters

  • major portal exposure
  • direct buyer matching
  • clean listing presentation
  • collaboration with other reputable agents
  • controlled social reach where it actually helps

What does not help

  • stale multi-agent duplication
  • poor quality photos and confused pricing
  • random open-group noise on social media
  • visibility in the wrong setting
  • attention from people who were never buyers anyway

I also use my own privately moderated Tenerife Facebook group “I Love Tenerife”, which now has more than 120,000 members. This gives my clients controlled social media exposure without the noise of random open groups. When the property and timing are right, that extra reach can help put a listing in front of a huge audience quickly, alongside the main work that still happens through portals, search and email.

Open Facebook groups, and social media in general, can create visibility, but they can also create noise, cynical commentary, and low-quality engagement from people who were never serious buyers in the first place. That is why I prefer to use channels I control properly, where the listing can be presented cleanly and unnecessary noise does not damage the perception of the property.

Testimonial: “I’d tried to sell my house via other agents, but when Andy came on board he had understood the rustic house market and I had 8 viewings within the first few days. Photography was superb and definitely helped get the attention. I had 4 offers on the table within days and when the buyer put the offer in, Andy’s advice was invaluable. He knows the Tenerife property market inside and out and helped me navigate through the natural ups and downs of selling on Tenerife. Wholly recommend if you are thinking of selling in Tenerife.”
— Rob Davies (verified on Google)

Case studies and results

Sold in 3 weeks after 9 months elsewhere

The issue: This apartment in Costa Adeje had been listed with four agencies for at least nine months with only one low offer, and the seller was being pressured to reduce the price.

What I changed: I relaunched it with stronger positioning and a far more active marketing push.

The result: I secured five viewings in two weeks and agreed a sale a week later with a buyer from our agency network, close to the asking price.

Sale agreed the same day

The issue: A townhouse in San Eugenio had been stagnant with multiple agents for over a year.

What I changed: I matched it immediately to a buyer from our pre-qualified database and took him straight to the property.

The result: I negotiated and agreed the sale on the same day the listing photos were taken.

Solid offer in 3 weeks after 12 months on the market

The issue: A two-bedroom property in Playa de las Américas had been on the market for over a year with weak presentation and limited exposure.

What I changed: I upgraded the photography, improved the listing copy, increased search visibility, and launched it across major European portals as a featured property.

The result: A solid offer came in within three weeks and was accepted after negotiation, with a deposit paid in week four.

Need to research first? Start here

If you are not ready to speak yet and want to understand the detail first, these are the key seller pages to work through.

Situational seller guides

These guides are updated as local practice and regulations shift. If you are already at the point where you just want to know what your property is worth and what the likely net position looks like, request the valuation below.

Other legal and practical issues sellers often need help with

Selling a property is not just about finding a buyer. The paperwork and practical follow-through matter just as much. That can include mortgage cancellation, title checking, embargoes, community debt, utilities, energy certification, occupancy, and whether a lawyer or power of attorney is sensible in your case.

I would rather find and deal with these issues before the listing goes live, so you do not lose a good buyer over something we could have fixed in week one.

For deeper breakdowns, use the seller guides above. In practice, I help get these issues identified early and pushed forward properly so they do not suddenly appear as last-minute problems when a buyer is already in place.

Ready to get started?

If you are ready to move, the next step is simple. Request a valuation and I will come back to you with a realistic sale price range, likely net return, and a clear view of what needs sorting before the property goes to market.

Or, read more about Tenerife Property Valuations

"*" indicates required fields

Name
If you do not know then please just add "Don´t know"

Frequently Asked Questions

How much does it cost to sell a property in Tenerife?

For most non-resident sellers, typical total costs land between roughly 8% and 11% of the sale price. That covers agency fee (usually 4% to 6% plus 7% IGIC), the 3% non-resident retention withheld at notary, plusvalía municipal, and optional lawyer fees around 0,5% to 1%. Mortgage cancellation adds around 1.200€ if there is still a charge on the property. Worked examples at 250.000€, 450.000€ and 650.000€ are shown above.

How long does it take to sell a property in Tenerife?

Realistically, a well-priced and properly marketed Tenerife property typically goes under offer within 1 to 6 months, with completion at notary usually 30 to 60 days after the deposit contract is signed. Overpriced or poorly presented listings can sit for a year or more. Non-resident sales with paperwork or tax issues can add a few weeks if those are not resolved before listing.

Do I need to be in Tenerife to sell my property?

No. Many non-resident sellers complete their sale remotely using power of attorney granted to a lawyer or trusted representative, who signs at the notary on their behalf. You will still need a Spanish NIE, up-to-date property documents, and a Spanish bank account or alternative arrangement for funds. Set up properly at the start, the whole sale can run without a single trip to the island.

Author: Andy Ward, Tenerife Estate Agents

Tenerife estate agent, specialising in South Tenerife property sales, evidence-based pricing, market valuations and seller positioning.

Last reviewed: April 2026

Sources and references