CANARY ISLANDS
New developments in Tenerife
Off-plan and newly completed homes in Tenerife, with payment plans, units and the full cost of buying.
IGIC 7% + AJD 1% on new builds (Canarias)
Rental rules in Tenerife
LETTING TO TOURISTS · CANARY ISLANDS
Register: Registro General Turístico, by declaración responsable to the island Cabildo (Ley 6/2025)
- Tourist use only where municipal planning expressly allows it.
- A home must generally be at least 10 years old (5 on El Hierro, La Gomera, La Palma and in depopulation-risk municipalities), so a new build cannot be let to tourists at first.
Town halls add their own rules and change them often. Confirm with the town hall and the regional tourism department before you buy. Position as of 16 Oct 2026. Tourist licences region by region
EVERYWHERE IN SPAIN
- In a building with a community of owners, a new tourist rental needs the community's express approval by three-fifths of owners and quotas (since 3 April 2025).
- Long-term lets follow the LAU: for an individual landlord a tenant can stay up to five years, and the deposit is one month's rent.
- Spain taxes rental income of non-residents at 19% (EU/EEA) or 24% (others) through IRNR.