Puerto Palace, tenerife cheapest hotels

10 Best Cheap Hotels in Tenerife in 2023

If you’re looking for a cheap hotel in Tenerife where you can have a wonderful vacation with family, friends, or your partner, you’re in luck. It is 100% possible to have a cheap holiday in Tenerife while still enjoying a beautiful accommodation and excellent service.

In fact, we usually try to save money when booking our hotel because we prefer to invest in excursions and other activities that help us explore that specific destination.

In this guide, I’ll share the 10 best cheap hotels in Tenerife so you can find the perfect resort for your budget and travel style. As you’ll see, even the cheaper Tenerife hotels offer great amenities like swimming pools, beach access, and even all-inclusive options.

Before we begin, keep in mind that the prices fluctuate throughout the year, so if you really want to save, I recommend traveling outside of the peak season. Not only will you save money, but the temperatures are just as pleasant, and you’ll find even more options while looking for where to stay in Tenerife.

In a nutshell, these are the 10 best cheap accommodations in Tenerife:

  1. Hotel Taburiente S.C. Tenerife – Santa Cruz de Tenerife
  2. Catalonia Oro Negro – Playa de las Américas
  3. Hotel Puerto Palace – Puerto de la Cruz
  4. Aparthotel Los Dragos del Sur – Puerto de Santiago
  5. Catalonia Punta del Rey – Villa de la Candelaria, near Santa Cruz de Tenerife
  6. Hotel Colon Rambla – Santa Cruz de Tenerife
  7. Sol Tenerife – Playa de las Américas
  8. Hotel Best Semiramis – Puerto de la Cruz
  9. Sol Arona Tenerife – Los Cristianos
  10. La Laguna Gran Hotel – San Cristóbal de la Laguna

1. Hotel Taburiente S.C. Tenerife, one of the best cheap hotels in Tenerife, Canary Islands

To start, the Hotel Taburiente S.C. Tenerife is one of the cheapest hotels in Tenerife, and the ideal choice for those who are looking for luxury on a budget. Moreover, the resort is in Santa Cruz de Tenerife, one of the best places to see in Tenerife.

Hotel Taburiente S.C. Tenerife, cheap accommodation in tenerife

1. Hotel Taburiente S.C. Tenerife, one of the best cheap hotels in Tenerife, Canary Islands

Something that stands out about this hotel is its rooftop pool, which offers views of the ocean and García Sanabria Park. There is also a gym where you can practice all kinds of sports and activities. When you get hungry, dine at one of the two restaurants which specialize in Spanish cuisine.

As for the rooms, they’re spacious and elegantly decorated, making this the perfect cheap accommodation in Tenerife for those who want a comfortable vacation.

2. Catalonia Oro Negro, another cheap hotel in Tenerife to check out

Next, Catalonia Oro Negro is a cheap Tenerife hotel in a quiet part of Playa de las Américas. It’s a peaceful and relaxing resort, so it’s ideal for couples and families who want to take it easy.

Catalonia Oro Negro, hotel deals tenerife

2. Catalonia Oro Negro, another cheap hotel in Tenerife to check out

This cheap hotel in southern Tenerife features a heated outdoor pool that you can swim in year-round. It’s for adults only, but there is a kiddie pool and recreation area where the little ones can have fun. In addition, the resort offers daytime and evening entertainment, so you can find something to do at all hours.

Also, this is a half-board hotel, so you’ll be able to enjoy meals at the buffet restaurant while having the freedom to schedule your own activities. As for the rooms, they’re spacious and well-equipped with everything you need for a comfortable stay. Some of them even have sweeping views of the surroundings, making this an amazing hotel deal in Tenerife.

3. Hotel Puerto Palace, one of the cheapest hotels in Tenerife, Spain

Hotel Puerto Palace is the best cheap hotel in Tenerife to stay in if you want to explore all the main attractions in Puerto de la Cruz.

In addition to its excellent location, this hotel has a heated pool and a gym with state-of-the-art machines and fitness classes. There is even a jacuzzi where you can rest your muscles after a workout. It’s also worth mentioning the buffet restaurant, which serves all kinds of dishes to satisfy any appetite.

Hotel Puerto Palace, tenerife cheapest hotels

3. Hotel Puerto Palace, one of the cheapest hotels in Tenerife, Spain

Despite being one of the cheapest hotels in Tenerife, the rooms here are beautiful and equipped with everything you need to feel at home. Plus, many of the guest rooms offer lovely views of the Atlantic Ocean.

For another viewpoint, go up to the roof, which overlooks the island and the sea. There is a rooftop bar up there where you can grab cocktails, drinks, and snacks.

4. Aparthotel Los Dragos del Sur, a cheap hotel in Tenerife south

You can find a beautiful, cheap accommodation in Tenerife at the Aparthotel Los Dragos del Sur. This hotel is right on La Arena Beach in Puerto de Santiago, so it’s well connected to other parts of the island. I recommend this resort if you want to do some of the best excursions in Tenerife or practice some water sports.

Aparthotel Los Dragos del Sur, best cheap hotel in tenerife

4. Aparthotel Los Dragos del Sur, a cheap hotel in Tenerife south

Here, you can choose a spacious apartment with a kitchenette and views of the Atlantic Ocean. As for the hotel facilities, there is an outdoor pool, a gym, and a bar where you can grab drinks, and snacks, and hang out.

Without a doubt, this is a cheap hotel in southern Tenerife you won’t want to miss.

5. Catalonia Punta del Rey, an all-inclusive, cheap hotel in Tenerife

Located in the quiet town of Candelaria near Santa Cruz de Tenerife, the Catalonia Punta del Rey is one of the best all-inclusive cheap hotels in Tenerife.

Here, you can swim year-round in the heated outdoor pool, as well as work out and play squash and paddle tennis at the gym. There is also a terrace with a jacuzzi, so it’s the ideal spot to relax and forget about all your worries.

Catalonia Punta del Rey, cheap hotels tenerife south all inclusive

5. Catalonia Punta del Rey, an all-inclusive, cheap hotel in Tenerife

If you opt for the all-inclusive package, you’ll have access to the infinity pool, which faces the sea. There is also a solarium area with a jacuzzi next to the pool, so it’s well worth it.

As one of the overall best all-inclusive hotels in Tenerife, the resort offers other incredible facilities like a poolside snack bar, a buffet restaurant, a salon, a game room, a nightclub, and several shops. It’s also just a short walk from the beach, making this one of the best hotel deals in Tenerife.

6. Hotel Colon Rambla, one of the best cheap hotels in Tenerife north

Hotel Colon Rambla is one of the best cheap hotels in Tenerife north, specifically in Santa Cruz de Tenerife.

One of the biggest advantages of staying at this resort is that you’ll be able to immerse yourself in its beautiful, lush garden. This is also where the pool is, so you can go for a swim or lounge by the water and feel miles away from the city.

Hotel Colon Rambla, cheap accommodation in tenerife

6. Hotel Colon Rambla, one of the best cheap hotels in Tenerife north

As for the rooms at this cheap Tenerife hotel, there are different types available, with the Comfort guest rooms being the most budget-friendly.

The rest of the resort offers a restaurant/bar with a lovely terrace, and it has enough space for meetings and celebrations. Again, the location is wonderful since you’ll be close to several attractions in Santa Cruz de Tenerife, and just a ten-minute walk from Las Teresitas Beach.

7. Sol Tenerife, one of the cheapest hotels in Tenerife south

If you want to stay in a cheap Tenerife hotel by the beach, check out Sol Tenerife. It’s in the touristic center of Las Américas, close to some of the best beaches in Tenerife and the famous Siam Park waterpark.

Sol Tenerife, tenerife south cheap hotels

7. Sol Tenerife, one of the cheapest hotels in Tenerife south

The hotel itself has two outdoor pools for adults, one of which is heated year-round, so you can go swimming no matter when you visit. There is also an area for kids that overlooks the ocean, so everyone will have something fun to do here. In addition, this cheap Tenerife resort offers entertainment, shows, and activities for all guests, so it’s a great value.

When you get hungry, check out the on-site restaurant, which serves international dishes, local specialties, and themed dinners. Finally, if you’re traveling as a couple, I highly recommend this hotel for its incredible views, which are especially breathtaking at sunset.

8. Hotel Best Semiramis, another cheap Tenerife hotel that I recommend

The Hotel Best Semiramis is another cheap Tenerife hotel I recommend for its comfort and value. It’s about a ten-minute walk from the beach, and it’s located atop a cliff, so its location is super unique.

In addition, the hotel facilities are very luxurious and include a relaxing spa and two outdoor swimming pools. So, if you’re looking for a cheap hotel in Tenerife north where you can enjoy a romantic getaway, this is the place.

Hotel Best Semiramis, cheap hotels in playa de las americas

8. Hotel Best Semiramis, another cheap Tenerife hotel that I recommend

I should also add that this is one of the best all-inclusive cheap hotels in Tenerife, so you’ll be able to take advantage of the delicious on-site restaurant. It serves a variety of Mediterranean and international dishes, so you’ll find something for every culinary preference.

While you may never want to leave the resort, it’s close to many attractions in Puerto de La Cruz, where there are even more things to do.

9. Sol Arona Tenerife, another cheap hotel in Tenerife south that you can’t miss

Sol Arona Tenerife is another cheap Tenerife hotel on the beach, and it’s close to two of the best places in southern Tenerife, Los Cristianos Beach and Siam Park.

Sol Arona Tenerife, best cheap hotels in tenerife

9. Sol Arona Tenerife, another cheap hotel in Tenerife south that you can’t miss

The rooms here are clean and comfortable, and each one has a private balcony or terrace where you can admire the ocean views. In addition, there is a 24-hour gym, an adult swimming pool, a kiddie pool, and a playground, making this the best cheap hotel in Tenerife for families. There is even a varied entertainment program with all kinds of activities.

The restaurant doesn’t disappoint either, thanks to its extensive buffet featuring themed dinners, international dishes, and local specialties. With all these options, there’s no doubt that it’s one of the best places for a cheap holiday in Tenerife.

10. La Laguna Gran Hotel, another cheap hotel in Tenerife north

La Laguna Gran Hotel is another cheap Tenerife hotel where you don’t have to worry about your budget. It’s in the historic center of San Cristóbal de La Laguna, which is a UNESCO World Heritage Site and one of the top attractions in northern Tenerife.

One of the coolest parts about this resort is that it’s inside an iconic antique building, so the facilities are quite interesting.

La Laguna Gran Hotel, south tenerife cheap hotels

10. La Laguna Gran Hotel, another cheap hotel in Tenerife north

Here, you’ll find a seasonal outdoor pool and a lush garden where you can relax with a good book or a cup of coffee. There is also a fitness center, a bar, and a restaurant that serves a delicious buffet breakfast.

As for the rooms, they’re very spacious, and some of them have a terrace where you can sit outside and enjoy the fresh air. Each room is adorned with elegant decor and details, and you’ll have everything you need for a comfortable stay. For all this, it’s still one of the best hotel deals in Tenerife north, so I highly recommend it.

That’s it for the best cheap hotels in Tenerife, but before I go, here is a map to help you locate each one. I also suggest checking out our tourist map of Tenerife to help you plan your itinerary.

Remember, if you find a cheap Tenerife resort you like, it’s a good idea to book in advance, especially if you’re traveling during peak season. You can read our guide for more cheap travel tips and if you have any questions or you’d like to share your experience, leave me a comment below.

I know you’ll love staying in one of these cheap accommodations in Tenerife, so have a wonderful time!


COFOUNDER & TRAVEL JUNKIE

Hi, I'm Ascen, a globetrotter based in Philadelphia, USA. I enjoy exploring new landscapes and creating in-depth travel guides for Capture the Atlas.

I have felt a special connection with nature and all the inhabitants of the planet since I was a kid. I am passionate about discovering new countries and especially their wildlife, but no matter how many places I visit, I will always belong to the remote beaches of Almería, in Southern Spain.

You can know a little more about me here.

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