Santa Cruz de Tenerife, the capital of Tenerife, is known for its high quality of life, making it a popular destination for both residents and tourists. Within this vibrant city of approximately 209,395 people, as per the National Institute of Statistics, lies an exclusive neighbourhood that stands out as the wealthiest in the capital, characterised by its luxurious villas and upscale housing estates.
Overview of Santa Cruz de Tenerife’s Districts and Income Levels
Santa Cruz de Tenerife is divided into five districts, each with its unique blend of neighbourhoods that reflect the city’s socio-economic diversity. According to data collected from the “Estadística de los declarantes del IRPF de los mayores municipios por código postal” by the Agencia Tributaria, significant differences in wealth and income levels are evident across the city’s areas.
There are 100,150 registered taxpayers in the capital, with an overall average disposable income amounting to €2,345,261,767. This considerable wealth is distributed unevenly, creating a clear distinction between the richest and more modest neighbourhoods.
Ifara: The Epicentre of Wealth and Exclusivity
At the pinnacle of this wealth spectrum is the neighbourhood of Ifara, situated in the Centro-Ifara district. This area is widely recognised as the most affluent neighbourhood in Santa Cruz de Tenerife, with an impressive average gross income of €40,425 per person and an average disposable income of €31,788. Just a mere 15 minutes (3 kilometres) from the city centre, Ifara is celebrated for its elegant villas, exclusive housing estates, and tranquil atmosphere, offering an almost secluded and privileged lifestyle.
The well-maintained streets, lush gardens, and panoramic views of the city and ocean add to the allure, making Ifara the epitome of luxury living in Tenerife. Its proximity to the city centre also ensures that residents have easy access to the urban amenities and attractions that Santa Cruz has to offer.
Other Wealthy Neighbourhoods in Santa Cruz de Tenerife
Following closely behind Ifara are several other affluent neighbourhoods that also boast impressive income levels:
- Rambla de Santa Cruz-Puerto:
- Average Gross Income: €38,958
- Average Disposable Income: €30,691
- This area features upscale apartments and a strategic location close to the port, making it a desirable spot for those seeking a mix of city life and coastal living.
- San Vicente Ferrer-Plaza de España:
- Average Gross Income: €38,403
- Average Disposable Income: €30,198
- Known for its central location, historic buildings, and vibrant social scene, this neighbourhood offers residents both convenience and a touch of cultural heritage.
- Avenida de la Constitución-Palmetum:
- Average Gross Income: €37,814
- Average Disposable Income: €29,755
- This neighbourhood stands out with its proximity to the iconic Palmetum botanical garden and modern residential complexes, offering a blend of nature and luxury.
An Insight into Santa Cruz’s Socio-Economic Fabric
These statistics highlight the economic disparities within Santa Cruz de Tenerife, revealing how certain neighbourhoods, such as Ifara, have emerged as exclusive enclaves of wealth and privilege. The luxury and prosperity in these areas are evident in the high average incomes, elegant homes, and the lifestyle they afford, setting them apart from other regions in the capital.
In conclusion, the wealthiest neighbourhoods in Santa Cruz de Tenerife, led by Ifara, represent the pinnacle of opulence, with their combination of prime location, luxurious living spaces, and high average incomes. This exclusive enclave serves as a testament to the diverse socio-economic fabric that defines the capital of Tenerife, making it a prime destination for those seeking a high standard of living.
