Global Tenerife
Listing N° 05 · La Orotava, North

Chalet con piscina y 1.900 m² de jardín — Calle San Isidro

La Orotava, North · Tenerife
5 bed · 5 bath536 m² built1,900 m² plotBuilt 1970Villa
Asking  ·  My target
€1,100,000
01 / 20
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

A 536 m² standalone chalet on a generous 1,900 m² plot, right in central La Orotava. Three storeys, five bedrooms, five bathrooms, garage. The garden setup is rare for an old-town property: pool, sauna, wine cellar, three vegetable patches, sports court, pergola porch. Built in 1970 and renovated since (kitchen, living areas, accessibility upgrades, solar panels on the roof). Asking €1.1M — fair value sits around €940,000, realistic price around €910,000. The listing is about 17% above what similar homes go for, but this kind of property moves much faster than a heritage mansion: standalone villas with a pool typically sell in 100–150 days at fair price. An offer in the €920–960k range is a defensible opening.

My verdict
Worth a look
Listed about 47% above what it’s worth. Plenty of room to negotiate.
What to offer
Listed about 47% above fair value. The seller is asking too much — we negotiate from fair, not from asking.
Stretch offer
Slightly below fair value. Tests how flexible the seller really is.
€715,000
Realistic offer
Right at fair value. Defensible — what the property is actually worth.
€750,000
Don't pay more than
Above this, you're overpaying by enough to wipe out the value. Better deals exist.
€810,000
Days on market1 day · since 26 Apr 2026

What I saw on the viewing.

A 536 m² standalone chalet on a generous 1,900 m² plot, right in central La Orotava. Three storeys, five bedrooms, five bathrooms, garage. The garden setup is rare for an old-town property: pool, sauna, wine cellar, three vegetable patches, sports court, pergola porch. Built in 1970 and renovated since (kitchen, living areas, accessibility upgrades, solar panels on the roof).

Asking €1.1M — fair value sits around €940,000, realistic price around €910,000. The listing is about 17% above what similar homes go for, but this kind of property moves much faster than a heritage mansion: standalone villas with a pool typically sell in 100–150 days at fair price. An offer in the €920–960k range is a defensible opening.

If you bought it today
Listed at €1,100,000; fair value €750,000. You'd be paying €350,000 over (+46.7%).
What you actually pay to buy ≈ €1,194,000 (the price plus taxes, notary, registry, and my fee).
Super
+7.3% / yr
Break-even at 2 years
10-yr net to seller: €2,138,000 · total return +€945,000 (+79.2%)
5-yr: €1,503,000 · +25.9%
Tourism + supply tightness continues. Top-quartile of historical years.
Okay
+5.0% / yr
Break-even at 3 years
10-yr net to seller: €1,712,000 · total return +€518,000 (+43.4%)
5-yr: €1,345,000 · +12.7%
Long-run Canarias trend. What the median year has looked like.
Moderate
+4.2% / yr
Break-even at 3 years
10-yr net to seller: €1,597,000 · total return +€403,000 (+33.8%)
5-yr: €1,298,000 · +8.8%
Soft cycle. ECB tightening or local oversupply. 30th percentile.
Bad
+2.7% / yr
Break-even at 5 years
10-yr net to seller: €1,376,000 · total return +€182,000 (+15.3%)
5-yr: €1,205,000 · +1.0%
Recession or tourism shock. Bottom-decile of historical years.
Crash (2008-style)
-2.0% / yr
10-yr return -€260,000
Honest worst-case: replays the actual Spanish 2008–2018 cycle. Sharp decline then slow recovery. Most buyers stay underwater for years.
Scenarios anchored on the last 10 years of Canarias INE IPV YoY observations (post-2008-crash regime). Bad = 10th percentile, Moderate = 30th, Okay = median, Super = 75th. Buy-side costs 8.5% (ITP + notary + registry + buyer's-agent fee); sell-side costs 4% (agency + plusvalía).
Market context · Canarias
QIV 2025
Canarias prices 11.0% higher than a year ago — market running hot.
1-year
+11.0%
5-year
+49.6%
vs peak
100%
QIV 2025
Source: INE · Spanish Housing Price Index (IPV) · 2015 = 100
By the numbers
Listed
€1,100,000
€2,052 / m²
My target
€950,000
13.6% under asking
Community fee
N/A
Standalone — no homeowners' association
Pending special assessment
N/A
Standalone — no homeowners' association
The true cost, at my target
Purchase price
€950,000
ITP — 6.5% Canarias
€62,000
Notary
€1,450
Land registry
€680
Gestoría
€600
My fee — 1.5%
€14,000
All-in, done
€1,029,000
Mortgage, indicative
From
€3,340/ month
via Sabadell · €385,000 deposit · 25y
10 banks · 12m Euribor 2.723% · April 2026 · non-binding
The plates
Plate II
Plate III
Plate IV
Plate V
Plate VI
The location
La Orotava · NorthOpen in Google Maps →

Where this one sits.

La Orotava, North Tenerife.

Nearest beachPlaya El Bollullo6.3 km · 10 min drive
Second beachPlaya de San Juan5.5 km · 9 min drive
SupermarketSupermercados Tu Alteza1.0 km · 3 min drive
PharmacyFarmacia Paseo Dominguez Alfonso653 m · 10 min walk
Restaurants & cafés20 within 500 m
HospitalHospital Quirónsalud Vida - Urgencias4.2 km · 7 min drive
Shopping mallCentro Comercial Temait III1.1 km · 3 min drive
MarinaPuerto Deportivo La Galera44.1 km · 36 min drive
Golf courseGolf La Rosaleda2.8 km · 5 min drive
AirportAeropuerto Tenerife Norte (TFN)27.8 km · 21 min drive
A word from Nathan
Nathan Derkse
Nathan Derkse
Buyer's agent
A note

“If you'd like me to walk this property with you — on video, or in person on your next trip — send me a message. Twenty minutes is usually enough to know whether it's the one.”

Nathan