Tenerife real estate

Tenerife is the largest and most popular island of the Canary archipelago. Every year it is visited by thousands of tourists, so buying Tenerife real estate for rent is a profitable investment. Not coincidentally, during the crisis in the Spanish housing market, the decline in prices on the island was not as fatal as on the mainland. Majority of investors are highly interested in real estate on the southern coast of Tenerife, in particular at the resorts of Las Americas and Los Cristianos. The city of Santa Cruz de Tenerife attracts foreign buyers of real estate as well.
 

The advantage of Tenerife is its climatic conditions, amazing and diverse nature. Volcanic land, mountains, quaint landscapes, pine forests, numerous beaches, the Atlantic Ocean, and, of course, the atmosphere of Canarian hospitality will not leave you indifferent. A huge number of tourists from all over the world come here all year round. Variety of recreation, good living conditions, security, low crime, and favorable climatic conditions – all these factors make people want to purchase properties in Tenerife.
 

Tenerife is very similar to the continental Spain: multi-apartment residential buildings with swimming pools, gardens and own infrastructure of various number of storeys, closed urbanization with typical buildings of townhouses of various meters or low-rise buildings. The location of properties is also depending on the preferences and the budget. If you want to enjoy an active night life, there are options for sale at the beach and closer to the city center. But if you are willing to live in a quiet and peaceful place, you can settle in local elite neighborhoods and suburbs.
 

Prices for apartments in Tenerife start from 50 thousand Euros - for this money you can buy a small studio in a complex with a swimming pool and not far from the sea. With an amount of 100-120 thousand Euros, you can choose among many options for 1-2 bedroom apartments. A spacious apartment with three bedrooms and ocean views will cost you around 200 thousand Euros. Small bungalows are on sale at a price of 100 thousand Euros, and a luxurious villa with a swimming pool and a garden in Tenerife can be looked after for an amount of 250 thousand Euros. If you are willing to purchase real estate in Tenerife, check the following link: https://www.domaza.co.uk/tenerife_real_estate/