Try Before You Buy!

Take this fantastic ocean front apartment for a test drive before you buy and enjoy a free fortnight in the sun!

Rent a Property in Tenerife or buy one?

One of the first decisions to make when planning to relocate is whether to rent a property in Tenerife or buy one.  Whereas buying used to be the preferred choice for people relocating to Tenerife, because nobody likes to throw money away on rental, the recession scared people.  Because they feared that property prices would decline, they opted to rent a Tenerife property until they felt it was the right time to buy.  But now the trend is reversing again.

Fly to Let

A twist on the popular term ‘buy to let’, ‘fly to let’ is the increasingly popular trend of buying an investment property with a view to letting it out.  The ‘fly to let’ investor is no new phenomenon.  People have been doing it here for years, but it is only recently that we have seen a sharp rise in investors who are really serious about renting.  Many have become disenchanted with traditional managed pension plans.  For them foreign property is an important part of their retirement planning.  Anyone can now see that an investment that has strong capital growth, provides an income and also enhances lifestyle is going to be a better bet than the unit trusts and pension plans that have let so many of us down.  The pensions crisis has seen to that.

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.