Buying property in Tenerife - advantages and benefits
Buy property in Tenerife — this means not only making a profitable financial investment of your funds, but also getting the opportunity to acquire a residence permit in Spain for you and your entire family, getting an unlimited Schengen visa and having the opportunity to stay in one of the most favorable climates on Earth on the Atlantic coast for an unlimited amount of time.
Tenerife Island is a unique climate zone, where the South of the island will delight you with sunshine 365 days a year, and the North is a stunning place for its beauty and landscapes.
What are the benefits of buying property on the island of Tenerife?
- Comfortable and mild climate. It is often called the island of eternal spring.
In summer the average temperature is 30 degrees, and in winter it is about 20 degrees. - Year-round earnings in euros.
The south is a favorite place for tourists and investors. If you decide to buy an apartment or flat in one of the Tenerife resorts – in Costa Adeje or Los Cristianos, then the property will be rented out all year round without any problems. Here is also the best return for the investor. - You can swim almost always. The ocean temperature off the coast of Tenerife is determined by the cold Atlantic Current that washes the archipelago. The water is cool, but this does not stop tourists from coming here, and not to Asia, even in February.
- Hot Canarian sun and nature. Good and tasty food from vegetables to seafood. Many parks and excellent infrastructure. Connection with all of Europe through 2 airports.
- Affordable mortgage.
- Prices for properties. They are quite loyal, although they have grown very strongly over the last couple of years. But it is difficult to compare them with continental Europe. It is still more profitable here. The range of prices? Regular apartments can be bought for 150,000 euros. Villas are much more expensive.