Tenerife Property
Tenerife property on the largest and most populous of the Canary Islands is generally the most expensive. Dominated by the dormant volcano Mount Teide and its National Park, Tenerife has popular resorts in its arid south (for example, Playa de las Americas and Los Cristianos) contrasting with colonial towns and scenic plazas in its more fertile and verdant north and west (places such as Icod de los Viños and Tacoronte).
Property in Tenerife outside the obvious tourist areas gets you the most Tenerife home for your money – a two-bedroom property in Tenerife in a coastal resort may cost the same as a whole renovated finca (farmhouse) in a rural location. However, the continuing popularity of the beach resorts provides more obvious rental opportunities for Tenerife properties as well as proximity to more amenities. Much depends on what the buyer is looking to get from a property in Tenerife .
Tenerife’s oldest golf course, Golf Amarilla, is situated inland from the southern Costa del Silencio (Coast of Silence), though it is now quite developed and not far from the airport!) along with the exclusive Golf del Sur, a 27-hole course which accommodates some of the priciest Tenerife real estate.
Rural Tenerife properties are becoming increasingly popular, although the scarcity of legal houses ripe for renovation keeps the prices inflated.
Interest in Tenerife properties will always be high due to the omnipresent sunshine and the lure of island life particularly from North Europeans who live in less favourable conditions.
The Homes Overseas Guide to Buying Property in Spain has advice on the legal and financial aspects of buying Tenerife property, plus overviews and information on the buying process of Tenerife property.
Property in Tenerife:
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