Golf Bounces Back... and Investors Reap the Rewards

While many rental property investors in Tenerife have been feeling the recession pinch, golf home owners have already seen the end of the dip. Some of the biggest winners in the post-recession comeback are those who rent out properties in the Golf del Sur and Amarilla Golf areas.

Tenerife Royal Gardens

Tenerife Royal Gardens is situated on the beach front, between Los Cristianos and Playa de Las Americas.  The area is referred to locally as the Tenerife Golden Mile because of the great shopping and concentration of excellent restaurants.

Prices from €120,000

Think Again

It cannot have escaped your notice; the fresh breeze of positive thinking is starting to blow away the stale, musty smell of doom and gloom.  Here, there, everywhere, people are talking recovery, growth and confidence.  You can hear it, feel it, smell it.  You may have adapted to the recession and survived it, but now its time to think again.

Court Makes Eviction Easier

The Tribunal Supremo in Madrid has ruled on the controversial issue of non payment of rent and eviction.  Up till now, non payment of rent did not necessarily involve the eviction of the tenant, however the new ruling states that if the tenant is late with a second payment then this will constitute eviction.  There are a couple of conditions that must be met for this to happen:

Private Rentals do better than hotels in Tenerife

When times are tough, we still all need a holiday.  It is a sign of the times that many people’s holiday budgets are more strained, but this is working to the benefit of property owners in Tenerife.

Property Lettings Boom

So the property boom has ended… or has it?  It may be that the values of property have come down, but people still need to live somewhere, recession or not.  As buyers wait until the market picks up (and they can purchase property at a higher price), property lettings are having their own boom on Tenerife.  With the rise in the number of people coming to Tenerife to escape the recession in the UK, rents have been rising above inflation in the Canaries by 3.7%, one of the highest growths in Spain, while the population has continued to increase.

Successful Letting in Tenerife: Making your Investment Pay

One of the keys to successful property investment is rental income. In this article we are going to look at how successful investors maximise this revenue, and the pitfalls that the rest of us should avoid.

Why is Tenerife so good for rental investors?

If you are a property investor with property in Tenerife to let, then chances are, you had a very good Christmas, and you are looking forward to a very happy new year.  With island ranked as the most popular winter getaway destination from the UK, beating the likes of Barbados, Egypt and Goa, Tenerife 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 in Tenerife has had a major effect on the profitability of property investments.