Tenerife property for sale
As a Client you will receive
- Legal Representation
- NIE Applications
- Bank Account Opening
- Legal Advice
- Wills - Power of Attorney
- Mortgages
- Personalised Attention
- Transport to and from airport
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Featured Property
1 bed Apartment for sale in Fañabe
Price : €174.000
Wady Properties offers for sale 1 bedroom first floor apartment available on the very popular holiday complex of Lagos de Fanabe in Fanabe Beach. The complex itself boasts a superb swimming pool which meanders through the complex as well as pool bar, 24 hour reception, satellite television, launderette, security and is located right on the sea fro ...
Tenerife Power of Attorney
Guide to Buying and Selling Properties in Tenerife
The process of buying and selling properties in Tenerife is simple, requiring only the proper procedures, a responsible agent, attention and understanding.
Buying a property in Tenerife
After choosing the right property, and having made your offer (Note that each owner knows exactly the market value of their property, therefore the difference in the selling price and your offer represents a minimum percentage), terms and forms of payment will be agreed.
1. You will be asked to sign a Call Option Agreement or make a deposit, to purchase the property for the agreed price and complete the purchase before the deadline set by mutual agreement (only Spanish contracts are valid in Spain). Following the signing, it must be clear that if you can not complete the transaction at the agreed time, you may lose your entire deposit.
Normally you will be asked a deposit of 10% of the value of the property, and that is when the property is removed from the housing market.
