Just 20 minutes from where Jay Slater's phone last pinged, rescuers found his body in an ravine before airlifting it away.
The body was identified as the missing teenager today and authorities said his injuries were consistent with an accidental fall.
He was taken from the site near Masca village on Monday morning, as emergency rescuers scrambled through the "treacherous and dangerous" terrain to get to it.
Following the tragic news, Jay's mother Debbie Duncan said via a spokesperson: "I just can’t believe it – we’re here with the embassy staff waiting for an update and now it’s come – the worst news.
"I just can’t believe this could happen to my beautiful boy. Our hearts are broken."
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Investigator Mark Williams-Thomas, who has been in Tenerife for weeks in search of Jay, told the Mirror that the body was recovered in the vicinity of where his phone last pinged.
He said: "The area where Jay’s body was found was highlighted yesterday afternoon with the search and rescue helicopter in the area, it is around a 20 minutes walk from the pin drop location."
He added that the terrain is "rough and hazardous", noting that any slip would likely be fatal.
"The terrain is rough and hazardous, and having now seen the video of the search team on Monday morning, and that the helicopter was in the same area on Sunday afternoon where Jay's body was recovered, it is clear to see just how treacherous and dangerous it is - a slip or loss of footing would prove fatal."
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Following the discovery, Mr Slater’s friend Lucy Law, who was the last known person to speak to him during a phone call on June 17, issued a tribute on her Instagram page.
She said: “Honestly lost for words.
“Always the happiest and most smiley person in the room, you was (sic) one of a kind Jay and you’ll be missed more than you know.
“I’m sure you’ll ‘have your dancing shoes polished and ready’ waiting for us all.
“We all love you buddy. Fly high.”