It depends on what you are looking for. The big properties have fallen around aprox. 10 %.It also has to be clarified that the prices on the island of Tenerife never reached levels like on the Mainland (Marbella, etc. ). As an example there is this property in the center of Puerto de la Cruz with 634 m2, 6 floors, indoor pool, sauna, steam bath, fully equipped at a price of
€ 1.187.000,--.