Real Estate Tenerife
Purchasing real estate Tenerife for financial gain is a common place occurrence and many property investors have earned large profits from their real estate Tenerife. Jumping into the real estate Tenerife market can be a daunting prospect if you have never done it before, but we at Wady properties are here to help you. With many years experience in real estate Tenerife, Wady Properties are confident that they can make your real estate Tenerife property purchase a safe, hassle free and enjoyable one.
There are many good reasons why investing in Tenerife real estate is becoming ever more popular :
- For property Investors it offers a secure return on your capital.
- For those looking to let property there are good opportunities and profits to be made.
- For those looking to relocate there is a wealth of opportunities, gorgeous weather and scenery and an established expat community.
- Tenerife enjoys an all year round warm and sunny climate which means no off season.
- The island boasts incredible contrasts in natural beauty and scenery.
- Along with the old world charm there is also a cosmopolitan atmosphere and modern attractions.
- There has been a continuous and stable property demand for over 20 years.
- The government has introduced more than favourable taxation/costs for property owners.
- Easy access with many tour operators offering low cost flights from most continents and flight times at less than 5 hours.
- A carefree and gentle culture.
- There is effective property management in place for foreign owners.
- The island has a multi-national culture, with food, facilities and lifestyles from nearly every country in the world.
Tenerife is the largest of the Canary Islands situated in the Atlantic Ocean just west of the African coast and because of its geographical situation and the constant good weather the tourist season is spread over the whole year, with an accommodation occupation of 89%. Because of this high percentage of occupation it is possible, depending on the type of property you have, to achieve rental profits of more than 10% and sales profits of over 100% in some cases are reachable.
Contact Wady Properties
If you are thinking of investing in Tenerife real estate or purchasing a property for that new life abroad contact Wady Properties today and let our friendly multi lingual staff help you.