How much spending money do you need for Tenerife per day?
Budget-Friendly Travel Planning. How much money will you need for your trip to Tenerife? You should plan to spend around €128 ($137) per day on your vacation in Tenerife, which is the average daily price based on the expenses of other visitors.
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How much money will you need for your trip to Tenerife? You should plan to spend around €128 ($137) per day on your vacation in Tenerife, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, €39 ($41) on meals for one day and €60 ($64) on local transportation.
Eating out doesn't have to be expensive in Tenerife (although you can definitely find some restaurants suitable for fine dining and even Michelin stars restaurants). Menu del Dia in Santa Cruz de Tenerife - starting at 7.5€, including a starter, main dish, and drink.
Only the most remote restaurants and bars won't have a card reader. Mind you, you'll often find that some shops and restaurants prefer cash for small purchases. So, it's always useful to carry a few euros to help with budgeting and emergencies.
Tips are not expected in Tenerife, but they are highly appreciated. If you liked the service that a driver provided, anything between 5% - 10% is more than enough.
What is the minimum amount required for Spain? Currently, the minimum amount is 100 euros per person per day, with a minimum of 900 euros or its legal equivalent in foreign currency (with effect from January 1, 2022).
Are you wondering what is the currency in Tenerife? As in the rest of Spain, the currency in Tenerife is the euro. Since Tenerife is part of Spain, and Spain is a Country of the eurozone, the currency is the same. This makes Tenerife convenient for travellers from Europe, and from the UK.
The southern municipalities of Adeje and Arona saw the highest demand for real estate on Tenerife in 2022. Prices here also continued to rise. With average asking prices of just under 4,000 euros/m2, Costa Adeje and Playa de las Américas are the most expensive areas in the Canary Islands.
Alcohol. A maximum of 9 litres of sparkling wine, fortified wine (for example port, sherry) and other alcoholic drinks up to 22% alcohol (not including beer or still wine).
An absence for an uninterrupted period of 90 days allows for a new stay for up to 90 days. Remember that you are always counting back the last 180 days, so if you have not exhausted the 90-day limit over the past six months, you will not have to leave the Schengen Area until that is the case.
The legal tender used in Tenerife is the euro. If you are travelling from a country outside the eurozone, you will be able to change money by showing your passport at a number of exchange offices located in tourist areas, which tend to charge comparatively lower commission rates than elsewhere.
Can you drink the tap water in Tenerife? People in the Canary Islands tend to buy bottled water because much of the tap water here is desalinated sea water – it's safe to drink but not particularly pleasant taste-wise.
There are restaurants to match every budget in Tenerife: you can still find three course Menu del Día lunch menus with a drink for less than €10 and Full English Breakfasts for less than €3, but also pay €150+ for a meal for two in one of the island's many fine dining restaurants.
Current rules on Spain's Ministry of Interior website say: Currently, the minimum amount of money that you need to prove you have is €100 per person per day (£85), with a minimum of €900 (or its equivalent in foreign money) effective from January 1, 2022.
Taxis. Tipping in the Canary Islands always depends on how generous you are, always optional but very welcomed. The price of the taxi in Tenerife, is very cheap if you compare with other countries. Approximately around 1 euro / minute.