Listing N° 51 · Filed 11 February,
Chalet adosado en Callejón de Reyes, Santa Cruz de la Palma, .
20 bed · 1 bath970 m² + 12 m² terraceBuilt 1998Lift · 2nd floor
In this feature
Ch. I
The take
Ch. II
The numbers
Ch. III
The plates
Ch. IV
The location
Nathan's take
The honest note
“Walked it. Notes coming.”
My verdict
Weigh the specifics
Neutral — depends on your priorities. Worth a call.
Market context · Canarias
QIV 2025
Canarias prices 6.8% higher than a year ago — market running hot.
1-year
+6.8%
5-year
+26.4%
vs peak
6%
QIV 2025
Source: INE · Índice de Precios de la Vivienda · 2015 = 100
What I saw on the viewing.
Walked with Andrés, my builder, on the tenth. The building is older than the listing suggests, but looked after — plumbing redone 2018, same administrator since 2015.
Not in the listing: the kitchen extractor isn't to code, and one window frame needs replacing within five years. Together about €2,400.
My read: open at €483k, settle at €488k. Listing's been up nineteen days, nothing comparable on this block has sold below €378k in twelve months. You're not overpaying.
By the numbers
Listed
€515,000
€531 / m²
My target
€488,000
5.2% under asking
Community fee
€95 / mo
Bank-audited accounts
Pending derrama
None
Minutes through 2027
The true cost, at my target
Purchase price
€488,000
ITP — 6.5% Canarias
€31,720
Notary
€1,450
Land registry
€680
Gestoría
€600
My fee — 1.5%
€7,320
All-in, done
€529,770
Mortgage, indicative
From
€1,564/ month
via Sabadell · €180,250 deposit · 25y
10 banks · 12m Euribor 2.723% · April 2026 · non-binding
The location
Location coming soon
Where this one sits.
Location, Canarias Tenerife.
Amenity data still being enriched for this listing.
A word from Nathan
Nathan Derkse
Buyer's agent
A note
“If you'd like me to walk this apartment with you — on video, or next week in person — send me a message. Twenty minutes, and we'll know whether it's the one.”
Nathan