This article focuses on the comparison and perception of the potential of water’s surface in selected parts of the waterfront in two contrasting cities. The aim is to define the potential of the water’s surface in terms of psychology and its effects on climate. The analysis was performed on the example of Prague with its waterfront on the river Vltava, and Santa Cruz de Tenerife with its Atlantic coastline. Data was sourced from maps, questionnaire surveys and interviews with waterfront users during October 2020. The research showed a higher importance of the water’s surface for users in Prague, than in Santa Cruz. The main finding is that the psychological perception of the waterfront by its the users is affected by the possibility of a visual contact with the water’s surface, the design and composition of the space, and the climate situation of a site affected by the presence of an urban heat island (UHI). The results promote an adherence to ecosystem-based approaches in future design projects and modifications of existing public spaces. The purpose of the work is to open a broader debate on the sustainability of the potential of waterfronts and their positive impact on human health.