El Condesito is a cargo ship that sank on 1st January 1972 near Las Galletas on the south coast of Tenerife. The wreck is now a well known recreational dive site. The ship was transporting cement for the construction of Los Cristianos.
The ship ran aground about 50 meters (165 feet) from where the Punta Rasca Lighthouse later was constructed. No lives were lost. It was this sinking that prompted the construction of the lighthouse three years later.
Until recently the hull, engine room and cabin were intact with only the bow having been torn away. However, the wreck is increasingly unstable but can still be penetrated from many entry points. Access is easy from the forward hold swimming through the remains of the cargo. The bags of cement she was carrying have now solidified into blocks, and all around the site are white solid "stones" that are actually the now-solidified bags of cement.