10 things to look for in a home to retire in Tenerife
10 things to look for in a home to retire in Tenerife covers the most important factors you should look for when choosing a property for retirement on the island.
One of the most popular reasons to buy a home in Tenerife is for semi/full retirement. It makes a lot of sense to choose the island as a retirement destination. The sun shines all year, there is a great social life , the crime rate is negligible , cost of living is lower than the UK and there are so many fantastic restaurants that are reasonably priced so your pension stretches further.
Social life is one of the most important factors to think about when choosing a home to retire in Tenerife. There have been many studies showing that the mind remains more active, responsive and keeps younger if you have an active social life. Socialising is a natural protection against age related degenerative diseases like Alzheimer’s and Parkinson’s and not to be underestimated. Choose an area where there are other people in your age group that live and integrate into the community. The great thing about Tenerife is you don’t need to sit indoors in front of a TV , you can be outside living enjoying the weather and meeting new friends.
Healthcare is going to be an increasingly important issue as the years go on. Though you might be as fit as a fiddle today, you need to think into the future. The Spanish public health system is very good and there is also a private health sector which you should look into. Make sure that there is a health centre close to where you choose your home to retire in Tenerife.
Your Grandchildren are going to love staying with you in your Tenerife home! Many people worry that they won’t see enough of their grandchildren when they make the move, and then discover the opposite. Flights are reasonably priced to Tenerife when booking in advance which is easier to do when you have your home to retire in Tenerife. You will find that you are spending much more quality time with them creating memories and exploring all that this special island has to offer. There are a number of different areas , just outside the main tourist resorts , where you will find suitable properties for the whole family to enjoy.
Local shops are of course important, but also are the products they stock. You will find fresh fruit and veg markets held at the weekends as well as fish markets sold in coastal fishing village’s .No doubt there may be things that you miss from the UK, but luckily there are lots of supermarkets that stock imported product’s so you need never have a craving that can’t be satisfied! There are a number of British supermarket’s close by so you can always pop in and stock up on your Marmite (which is rich in vitamin B, and should be a staple in your diet!).
Low maintenance is a key factor in choosing a home to retire in Tenerife. Fortunately most complexes are well maintained, but not all of them, so make sure you choose wisely! Take advice from your estate agent who will know the ins and outs of all the local developments. If your new home is to be in a complex make sure the one you choose is in good condition, you don’t want to be spending your time fretting about things that need repairing.
Choose a complex with good facilities, at least a well-maintained pool. A nice pool area is no doubt something that will entice the family to visit more often. It is great to see the grandkids improve their swimming skills as they grow. A good complex will make them feel like they are on holiday and you need to give them that feeling so they keep coming back! Involving yourself in exercise classes, social groups and activities is important as you age, so if these things are on your doorstep then you are going to get the best out of retirement and keep yourself in the best possible condition!
Pets are important to many people and retirees are no exception, in fact they are probably more important as you grow older. Looking after a pet is another factor that can keep your mind and body young and active. However, not all complexes welcome pets so if you plan to have one, or are bringing Fido over from the UK, make sure that the complex you are moving into allows them.
Although you may be mobile now, in a few years stairs might be a barrier and mobility access may be important. Think about this now and choose a home to retire in Tenerife that has lifts and good access. It may be a precaution you won’t need, but it’s good to be on the safe side!
You may well have a car, but it’s also a good idea to consider public transport, and in Tenerife that means buses (guaguas) and taxis. Both are relatively cheap and efficient in Tenerife but you should ensure you are near a bus route. Many outlying areas are not, or buses are quite infrequent which can be inconvenient.
The PRICE…! This is of course a factor to consider when purchasing a home to retire in Tenerife. We don’t all have a bottomless pit so this involves some careful calculation as you will want to tick as many of the boxes as possible while still retaining a nest egg in case of emergency. If your pension does not cover your monthly needs, then the amount you set aside may need to bolster your income. Fortunately, the cost of living is low in Tenerife, and many of the things that lead to a good quality of life are cheap… or free!
So where ticks all the boxes?
Good advice is the place to start, and that means talking to us because everyone is different. One size definitely does not fit all. We have many years of experience helping people to find the perfect home to retire in Tenerife and you will benefit from these years of experience. Fill in our contact form or give us a call, we’re here to help!