Tenerife Property Sales

Tenerife property sales are a booming industry and has been for over 20 years. The Tenerife property sales market is one of the strongest in the world with several Tenerife property sales booms but no recessions to speak of. If you are looking for a good place to invest your money Tenerife property sales could be the one for you. Speak to Second Home Tenerife Estate Agents, the leaders in Tenerife property sales and see how you can earn a fantastic return on your investments.

But what is it that makes Tenerife such an attractive prospect to property investors? The island of Tenerife is one of seven in the Canary Island archipelago off the west coast of Africa. The weather in the Canary Islands is constant, ensuring an all year round season which is great for people looking to let their property out. Tenerife is the largest of the islands and continues to attract more visitors and expats every year and a remarkably high percentage of those people are people who return year after year. In fact more people repeat holidays to Tenerife than any other tourist destination in the whole of Europe.

Tenerife has a climate and scenery that are wonderfully conducive to relaxation, long siestas, good company, making new friends and spending hours sitting talking over a cool drink and this is what keeps people coming back time and time again. The island has a multitude of microclimates to suit every taste and a wonderful mix of old style Canarian charm blended with the international cultures of most of the world.

Owning a property in Tenerife has been a sound investment opportunity for over 20 years and all the signs continue to point towards the island have a strong future stability due to the all year round Tenerife sun and subtropical climate which ensures a constant demand for rental accommodation by tourists. This demand for accommodation by tourists has created a demand for property by purchasers which means that the potential capital growth and income for an investor is beyond normal expectations, particularly in the warmer southern half of the island where most tourists choose to stay.

Many people have found that there are substantial gains to be made from investing in new developments and buying a property “off plan”. Buying a property off plan often means that you can purchase a property at some of the islands lowest prices and in some of its best locations. Buying an off plan property in Tenerife can benefit you in three ways. Firstly, it is possible to achieve returns in excess of 100% of your initial investment within a 24 month period. Secondly, your profit can entirely legally be free of any capital gains tax and thirdly, holding on to the property for a longer term means you can benefit from the fastest growing property market in Europe and have a great home in a fantastic holiday destination while your investment is appreciating.