Tenerife Property - buying property on Tenerife

Property in Tenerife

One of the strongest property markets at the moment is the Tenerife property market. It has been going strong for over 20 years and shows no signs of slowing down in the near future. Many experts are advising people who are interested in property investment abroad to invest in the Tenerife property market and many people have already discovered the financial benefits of doing just that..

So, what is it that makes the Tenerife property market so strong and makes property on the island such an excellent investment? The Canary Islands in general boast a geographical position that means they enjoy almost constant all year round good weather.

Tenerife is actually the largest of the seven islands that make up this Spanish owned archipelago but it is not the most populated. This island boasts the highest point in the whole of Spain, that of Mount Teide which is also the worlds 3^rd largest volcano, but don't worry and contrary to rumours - it is dormant! This volcano dominating the centre of the island combined with the trade winds and the weather have created a variety of vastly different and beautiful micro climates around the island. In fact not only is it one of the few places left on earth that you will find laurel and pine forests left over from millions of years ago but Tenerife is also one of only a handful of places in the world that you can find such a wealth of climates and conditions so close together. This means that for tourists and residents alike there is an area in Tenerife that you won't be able to help falling in love with.

With the arrival of the cheap package holiday and flight times from most UK airports of under 5 hours, meaning no jet lag, Tenerife attracts over 3 million visitors every year, many of which are repeat visitors. Tenerife actually attracts more repeat visitors than any other European holiday destination which just goes to show just how many people fall in love with island and the way of life here.

There is a massive expat community in Tenerife and therefore moving to the island is not such a huge jolt and if you are that way inclined there are areas where the British community is so strong that you can still feel you were in the UK except with the added bonus of much improved weather conditions. At the other extreme if you want to feel like you are actually abroad there are areas of Spanish communities where you would need to speak at least the basics of the language to get by. However, there are many places where the two cultures meet and blend easily, with typical English bars offering fried breakfast and pints for a Euro or two sitting comfortably next to traditional Spanish tapas bars. Fantastic for helping make you feel right at home!

With all these tourists flocking to the island every year and all the people relocating to Tenerife permanently, the demand for good accommodation is as constant as the good weather. With no off-season to speak of, a property purchased in Tenerife for rental purposes can easily give you an income all year round. If you are interested in Tenerife property for sale then contact Casaquest today and let our friendly and professional staff help you with your enquiries.

Tenerife Property

Canary Islands

Fuerteventure

Gran Canaria

Cape Verde

Tenerife Property - buying property on Tenerife