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.
Bank Repossessions in Tenerife
Many bargain hunters are aware of our links with banks and ask us about bank repossessions and foreclosures in Tenerife. Although we have access to bank portfolios to sell these properties, it is rare that anyone buys one! Clients come to us, expecting to be shown a hidden box of incredible bank bargains and tend to be (understandably) disappointed in what the banks can offer. We’d like to explain why!
After the Storm: Why Tenerife is the Perfect Climate for Investors
As the recession unravels, the elements that caused the perfect storm for real estate are now creating the perfect conditions for property investors to feast again. Here are 5 of the most important reasons why investors are sensing the change of weather and creeping hungrily out of their recession hibernation, armed with a new sense of confidence.
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.
The Day the Tenerife Property Market hit Bottom
We know that there are literally hundreds of people waiting to be sure that the Tenerife property market has hit bottom before they purchase their own homes in the sun. We can now say with some certainty exactly when the Tenerife property market actually hit its lowest point.
Finding a bargain area in Tenerife One of the best ways to give yourself a head start as a property bargain hunter in Tenerife is to choose an area that is likely to rise in value at a faster rate than others. As Tenerife property prices continue their slow rise after stagnating during the recession, […]
The 5 Stages of Property Price Recovery
So many people are trying to figure out exactly when Tenerife property prices are going to reach the bottom, because that’s the moment when they want to buy. Some choose crystal balls, others soothsayers or astrologers and those with a more exotic approach to planning may even turn to the weird and wonderful world of statistics. Regardless of which method you choose, at the end of the day it often just boils down to guesswork. However, armed with an understanding of the 5 stages of house price recovery, you can remove the guesswork and make sure that when you come to buy, you are doing it at the best possible time.
Tenerife Property Investment One of the questions I am asked most often by eager property buyers is ‘how do I make this an investment, rather than just a luxury? Obviously there is not enough space on this page to explore this question in too much detail and each individual case requires very specific advice, but […]