Tenerife Property News
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Suntan Lotion is NOT Adequate ProtectionHow to ensure peace of mind and security in your property purchase Perhaps it is the warm sun that fries the brains of us northerners, but it seems that many of us seem to throw caution and common sense to the wind when we come to property buying in Tenerife. We happily slap down thousands of Euros in deposits for properties, without a care for the security of our hard won cash. We blithely accept a salesman’s patter… after all, he’s a nice chap and we met him by the pool… he’s bound to be telling the truth. Back home, on familiar ground, we are different people. But as the temperature rises, so does our gullibility. Many people have learnt the hard way, that suntan lotion does not provide adequate cover for all eventualities. |
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Why is Tenerife so good for rental investors?Changing trends in holiday habits benefit Property Investors in Tenerife If you are a property investor, then chances are, you had a very good Christmas, and you are looking forward to a very happy new year. With Tenerife as the most popular winter getaway destination from the UK, beating the likes of Barbados, Egypt and Goa, rental investors have been rubbing their hands with glee as virtually every single available bedroom filled up for the winter. There’s no getting away from it, the growing popularity of private holiday rental has had a major effect on the profitability of property investments here on Tenerife. |
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Getting Good AdviceThe importance of ensuring your agent is able offer you good advice As the year draws to a close, those of us unlucky enough to live in frosty northern climes start to think of a home in the winter sun. Our reasons are various, but predictable: the quality of life, the cost of living, crime, short days and long, cold nights all serve to imprison us in homes. Life goes by and we glue ourselves to our televisions, watching others living and enjoying it. We stop work, retire and that time which we had hoped would liberate us from responsibility and set us free becomes set in the rhythm of the TV Times. |
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How to make a successful rental businessHow one investor turned his Golf del Sur apartment into a successful rental business. Many of us are interested in the prospect of an investment in foreign property, and properties are regularly advertised as ‘good for rental investment’. For example, this month’s featured property is one of those, so we thought we’d ask the current owner, Brian Yardley, how he turned his Golf del Sur apartment into a successful rental business. |
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More demand for PropertyNew buyers are moving back into the housing market as the number of properties coming up for sale has stopped growing, Tenerife Property Shop reported this week. The increased demand without a corresponding rise in supply has improved confidence, and the demand is coming from the British market. |
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