Spain

Arona

Location

Price Range

Any price

Property type

Show all

Bedrooms

Any beds

Surface Range

Any surface

Sale type

To rent

Property for rent in Arona

35 results

Recent

Real estate insights for Arona

AspectSummary
Gross YieldTypically between 5-7% depending on property type.
Rental DemandHigh, especially during tourist season and for long-term rentals.
Average Rent PriceApproximately €700-€1,200 per month for standard apartments.
Vacancy RatesGenerally low, around 5-10% in popular areas.
Tenant Turnover RateModerate, with a yearly turnover of about 30%.
Operating ExpensesAround 20-30% of rental income including maintenance and management.
Regulation and Rent ControlRegulations in place, but not strict rent control measures.
Furnishing/Unfurnishing RateMixed; about 40% furnished and 60% unfurnished rentals.
Short-Term vs. Long-Term Rental MixDominantly long-term with a growing short-term rental segment.
Local Economic IndicatorsStable economy supported by tourism and local services.
Rental Price TrendsIncreasing trend due to demand, with annual increases of 2-5%.
Lease TermsCommonly 1-year leases, but flexibility exists for short-term.
Deposit RequirementsTypically 1-2 months' rent as a security deposit.
Utilities and Other CostsAverage utility costs around €150-€200 per month.
Safety and SecurityOverall safe, with low crime rates and secure neighborhoods.

Arona FAQ

  • What is the average monthly rent for a one-bedroom apartment in Arona?

    The average monthly rent for a one-bedroom apartment in Arona typically ranges from €600 to €900, depending on the location and amenities offered. Areas closer to the coast or popular tourist spots tend to be on the higher end of this spectrum, with some apartments in sought-after neighborhoods exceeding €1,000 monthly. For example, an apartment in Los Cristianos, which is a lively area known for its beaches and restaurants, might cost around €800. In contrast, a one-bedroom apartment located a bit further inland or in less tourist-centric neighborhoods could be found for around €600. Overall, rental prices can fluctuate based on the season, with higher rates during the peak tourist months of summer.

  • How do rental prices in Arona compare to nearby cities?

    Rental prices in Arona are generally more affordable compared to nearby cities like Los Cristianos and Playa de las Américas. For instance, a one-bedroom apartment in Arona typically rents for around €700 per month, while similar properties in Los Cristianos can command around €850 and in Playa de las Américas, prices may reach €1,000 or more. Additionally, spacious two-bedroom apartments often see Arona listings at around €1,200, compared to €1,500 in Los Cristianos. The variance is influenced by factors such as proximity to the coast, amenities, and the overall demand in those more tourist-centric areas. Arona's quieter residential options make it an attractive alternative for those seeking lower rental costs while still enjoying access to the southern Tenerife lifestyle.

  • What factors influence rental prices in Arona?

    Rental prices in Arona are influenced by several key factors that reflect both the local market dynamics and broader economic conditions. One significant contributor is the location within the town; properties closer to popular beaches such as Playa de Las Vistas generally command higher rents due to their appeal to tourists and residents seeking easy access to the coast. Seasonal demand also plays a critical role, with prices peaking during the summer months when influxes of tourists drive up competition for available rental units. Additionally, the type and condition of the property are crucial; modern apartments with amenities like swimming pools and sea views attract higher prices compared to older, less maintained units. The overall economic landscape, including job opportunities and the cost of living in nearby areas, can influence local demand for rentals. Finally, regulatory factors, such as rental laws and tourist housing regulations, can impact the availability of properties, further affecting the rental price trends in Arona.

  • Are rental prices in Arona seasonal?

    Rental prices in Arona, like many tourist destinations in Spain, are indeed seasonal. During the peak summer months, particularly from June to September, prices tend to surge due to the influx of tourists seeking sunny beaches and vibrant nightlife. For instance, a one-bedroom apartment that might rent for around €600 per month in the off-season can skyrocket to €1,200 or more in July and August. Conversely, in the winter months, particularly from November to February, rental prices often dip significantly. This drop can be attributed to reduced tourist activity, with some properties even offering long-term rental discounts to attract residents. The proximity to popular attractions like Playa de las Américas and the natural beauty of the surrounding areas also influence these fluctuations, as demand varies with the seasons. Additionally, local events and festivals can temporarily boost demand, further complicating the pricing landscape.

  • Is it common to negotiate rental prices in Arona?

    In Arona, negotiating rental prices is fairly common, especially in the current market climate where demand can fluctuate. Many landlords are open to discussions, particularly if the property has been listed for an extended period or if the tenant is willing to sign a longer lease. For instance, a tenant might negotiate a lower monthly rate by offering to pay several months’ rent upfront or by agreeing to take on maintenance responsibilities. Additionally, during the off-peak tourism periods, which typically run from late autumn to early spring, prospective renters might have more leverage to negotiate lower prices compared to the high season when demand spikes. It’s also not unusual for locals to have insight into average rental prices in the area, enabling them to present a fair counter-offer when discussing terms.

  • What is the typical security deposit amount for rentals in Arona?

    In Arona, the typical security deposit for rental properties generally ranges from one to two months' rent. For example, if you are renting a one-bedroom apartment with a monthly rent of €800, you might be required to pay a security deposit between €800 and €1,600. The exact amount can vary based on factors such as the property’s condition, the length of the lease, and the landlord's policies. In some cases, furnished properties may demand a higher deposit due to the additional value of the furnishings. Moreover, specific rental agreements may outline different conditions that affect the deposit amount, so it's advisable to carefully review the terms before signing.

  • How often do rental prices increase in Arona?

    Rental prices in Arona, a popular tourist destination in Tenerife, often experience fluctuations influenced by seasonal demand and local events. Typically, prices tend to rise during the peak tourist season from June to September, with units near the beach seeing the most significant increases, sometimes reaching up to 20% higher than off-peak rates. Additionally, the annual Carnival in February can lead to temporary spikes in short-term rentals as visitors flock to the festivities. Long-term rental prices are generally more stable; however, recent trends have shown gradual increases due to a growing influx of expatriates and an expanding local economy. For example, a one-bedroom apartment that was renting for around €600 per month last year may now be listed for €650 or more, reflecting both increased demand and inflation in the housing market.