As a real estate agency operating directly in Tenerife, we have observed a very clear trend in recent years, one that affects not only this island but all of Europe.

👉 Long-term rentals are disappearing from the market.

And it’s no coincidence.

🏠 What We See Every Day in Practice

Just a few years ago, the supply of long-term rentals was stable. Today?

• Quality apartments for long-term rent are extremely scarce

• Good properties are rented out within hours or days

• Owners increasingly refuse long-term tenants

Why? Because they have better options.

💰 Why Owners Are Changing Their Strategy

Today, owners think purely in economic terms:

➡️ Short-term (tourist) rental = higher returns = greater flexibility = fewer obligations

Additionally, they can use the property themselves at any time or sell it without restrictions.

📉 Impact on the Market

What we see in practice:

👉 Fewer apartments available for residents👉 Higher competition among tenants👉 Rising prices despite various regulations

Paradoxically, measures intended to protect tenants often end up making the situation worse.

🌍 Tenerife = A Mirror of Europe

What is happening in Tenerife is no exception.

The same trend is observed in Spain and other European destinations:➡️ Rent regulations➡️ Shift of properties to short-term rentals➡️ Shortage of long-term housing

💡 What This Means for Clients

From the perspective of our real estate practice:

• If you are looking for a long-term rental → you need to act quickly

• If you are considering an investment → short-term rentals currently make more sense

• If you are selling → location and type of use play a crucial role

🔑 Conclusion

The market has changed.

And those on the ground see it best:👉 Today, properties are driven not by regulations, but by returns and flexibility