Tenerife’s ‘best of both worlds’ set to tempt buyers

Primelocation, the UK property portal, has published the results of its latest survey which shows that foreign property is once again rising in popularity, and it looks like Tenerife is set to benefit.

They report that 70% of their visitors are interested in buying a property overseas.  Almost a third of these had delayed their purchase plans because of the economic climate, but are now back looking for a bargain.  Spain and its islands have been growing in popularity, precisely because of the bargains on offer. 

About half of those who are looking for a home abroad wish to use it as a holiday getaway, but fewer are planning to rent out their holiday homes.  Islands such as Tenerife are of particular interest as they naturally have a lot of coastline, and most people want a home near the sea.  Quiet village settings, such as can be found in the hills and mountains of Tenerife are the next most popular.  Short distances between the two are likely to make the island of particular interest as homeowners can have the luxury of the best of both worlds.