Property investment Tenerife? Is it safe? What about other places in the sun?

Property investment Tenerife is still sound and safe. And, it will stay that way. The 'why?' has been pointed out with many overwhelming reasons in my page on Tenerife which I am leading one step further with property investment Tenerife, here. Both pages are must reads and belong together. You will understand that the investment property Spain Tenerife for UK is not without reason high in demand.

The value of real estate rose tremendously in the last years and will continue to do so, although, at slower pace which is still good for property investment Tenerife. Tenerife/ Spain's economy is sound.

When it comes to its undisputable best climate and weather property investment Tenerife will often be preferred compared to other European property investment. Another important reason is that Holiday rentals in Tenerife are a hot topic for investors. Please, see insider tips on how to use Tenerife holiday rental for better investment results in the long run which could be applied anywhere. In fact, 2 apartments have been sold to happy renters in March 2008 in Romantica-2, Los Realejos, North Tenerife, at good prices without arguments.

Also, look at news 2008 for business, sports and tourism by political parties Spain and above all Tenerife where Mrs.Lola Ladrón shows great future vision for years to come for Tenerife's oldest resort Puerto de la Cruz. News like that are indirect insider tips for the benefit of property investment Tenerife.

Leading property investment in 2008.

Property investment Tenerife is still doing well.

Property prices as per Themovechannel.com show a 7.5% increase in Tenerife for 2007. A property costing €203.00 went up to €219.000 for example. Another for a 36m2 hotel studio by Puerto Cruz had two buying offers with an increase of 5% between Easter 2007 and summer 2007. Because of higher mortgage rates alone, this should have been the other way around.

January 2008 was showing record figures for Tourism in the island. Property inquiries were tops for Tenerife from autumn 2007 onwards right into winter 2008.

In fact, Tenerife looks little effected by the Spanish property crisis.

The Spanish property portal is reflecting the same positive outlook for property investment Tenerife.

Property investment Tenerife for letting is possible every day of the year due to good specific island weather conditions.

Also, the island has very little crime which is a great plus for property investment Tenerife.

Furthermore, its infrastructure is also good.

Tenerife investment property speculations, security:

Property investment Tenerife 2007 is much talked about. There is speculation that prices must drop. Of course, they will drop when mortgage interest rates are rising like now. But, much is just talk. Much is repeated by the media for being sensational.

Most people keep sitting on their properties. Why should they let go at inferior prices unless they are forced to?

Besides, letting might be a better option than selling for a long time. When a property is a 'key property Tenerife' investing in it is absolutely safe. It will always fetch a good sales price. Why? Quality property and good location property is something that is not found that easily. And property value doesn't depreciate on principle. It's bound to pick up due to inflation alone.

Besides, crime is very low in Tenerife. Security is something that is important when investing in real estate anywhere.

Property investment for sun, Weather and health:

Property investment Tenerife which is part of the fortunate islands will not change because of the island's location (200 miles off west coast Africa/Morocco) and, therefore the Tenerife sun. Its winters are mild as we all know. That's important for health for the elderly to start with.

It is also known that especially the black Tenerife beaches with their lava sand relieve rheumatic pains.

European Property investment for foreign pensioners:

And, here is Julia's story who loved to live in Tenerife for its Carnival. Property investment Tenerife for Julia meant a logical step she took.

More reports are about health care and related experiences by expats and retirees on the largest of all Canary Islands.

By the way, there is a new property law for Tenerife and Spain, especially interesting for pensioners with a good legitimate way to leave our holiday home in Tenerife cheap to our loved ones. This is a great plus for property investment Tenerife.

Property investment to avoid boredom:

Top runner up for investment for islands is Majorca :

Property investment Tenerife will always be leading compared to other European property investment for countries in the sun. Except perhaps when we look at beautiful Majorca. Majorca which is even faster to reach from major European airports is one of the top runners. But, the weather is relatively cold there in winter. They had some snow beginning of March 2008 in Palma by the beach after a short warm spell.

Also, this island which is almost double as big as Tenerife is not everybody's cup of tea. It's high life on beaches is unbeatable as shown by the movie 'Ballermann'. Those who like it may invest there, although it's more expensive. Renting out will always be good. Who wants to live in Majorca also has the option to search for rural property to buy. If all fails, there is a waxy product called Oropax which is used to stuff our ears.

Compare property investment in Tenerife to main land Spain property investing:

Lets compare property investment Tenerife to property investment Spain .
I, absolutely, adore Spain which would be one good reason for investing there. But, it's also a question of property finance. Many of my Spanish friends from mainland Spain told me what real estate prices are like in their country.
Believe me because, I have been there looking around also; its more expensive. And that's what all my friends are confirming. There are hardly any areas except for remote inland regions that are not touristic either. But, inland you are more cut off than in Tenerife. Cities' property prices are high, very high. The only town in Spain whose price per m2 is slightly more than the everage price in Tenerife is Murcia.

In 2001, I have lived in a little town called Tormos, half an hour by car from Alicante, Denia, Javea and other places. One public bus per week was all they had to get you away from that village. This is not uncommon in Spain. From what friends tell me it has not changed.

Many mainland Spaniards are firm believers in property investment in Tenerife. Tenerife is especially very much thought after by young couples despite augmented interest rates for mortgages. I know because, I had 3 offers to buy with an increase of EU 5000 between the last two for our little studio in Los Realejos which by the way were all geared towards property investment Tenerife. That was between April and September 2007.

A friend of mine just sold her spacious apartment with separate bedroom for EU 90000 in a good area in Los Portreros North Tenerife. She sold to young Spanish people who wanted to live in it themselves. She could have gotten more if she had not been in such a hurry. Starting off with small properties has become a philosophy in real estate investment in Spain. 'To buy studios in Tenerife' has become a motto for first time buyers which are often the young people.

The problem with them since 2008 is that they can only get an 80% mortgage. They seldom have cash to pay up front for the rest. This and higher mortgage interest rates are the reason that much real estate is on the market, now. And, this situation is almost global.

Tax deduction possible for young property buyers as well as rental subsidies in Spain:

Compare property investment on the largest of all Canary Islands to Portugal property investment:

How about Portugal? Well, the Algarve is definitely one of the best places for beach holidays. But, it's small. I've lived there for a little while. Believe me, the size has not changed. The road going up to Lisbon, nowadays? Most of it is a toll road. So, that's good.

Renting out cannot be that easy because, touring companies send cheap planes to cheap hotels on a regular basis. But here again, quality always goes. Comparing property investment Tenerife to the rest of Portugal is not easy for me.

Here, I am undecided, although, I know that winters are whet and can get rather chilly in Portugal. Better than the north of Europe... But, the north of Europe generally gives us housing which is generally better equipped for winters.

You don't really need heating in Tenerife unless you move up the slopes.Therefore, one more plus point for property investment Tenerife.

South of France property investment:

How does the south of France fare compared to property investment Tenerife? We all know that Monaco is tops when you can afford it. That also applies to most other areas in the South of France. I would not mind to live there. It gets much colder in winter than in Tenerife, however. What about Italy or the South of Italy. Tuscany must be beautiful. So is the whole region by Lake Como or Lago Maggiore Italy with all the other lakes. Be my guest to invest there. It sure is not cheap if you want quality.

Bulgaria property investment:

Now, compare property investment on Thor Heyderdal's chosen island to upcoming investment heavens like Bulgaria. What do you think the situation looks like there? Is there infrastructure? Don't ask me... What is the culture with its religion like and what about entertainment, health care, shopping and so forth? A friend of mine has spent a two week holiday there last year. The landscapes are beautiful, but he couldn't stomach the poverty. And, too much is being built there, too much.
Too much construction too fast isn't good any way and, winters are cold in Bulgaria. How will renting out facilities be in a country that has much to pick up? It might become competitive one day, we cannot read the future. I for my humble self would not take that chance. But, for the purpose of renting out only even Bulgaria may be good investment.

Investing in property in Greece:

Here, I am totally biased, because I have a Greek friend who constantly criticizes the country of his ancestors. Please, somebody tell me what the situation in Greece is really like...I have a Greek friend in South Africa who is a doctor and who cannot stomach living there for long. Well, all a question of taste...

Investment in any other Balkan countries or, beyond Bosporus river:

Biggest Canary island property investment track record:

With property investment Tenerife you will always know where you stand. Culture and events will not stop. The Tenerife luxury hotel will always fill its beds. Tenerife tours are internationally popular. Tourism Tenerife has a steady good track record. The tourism boom started in the fifties. It can't last forever, though. Only licenses for luxury holiday accommodation are officially granted from now on.

A healthy buying and selling keeps a good turn over in the property market. Demand will always be high in Tenerife just like in Majorca.

Only large properties are not easy to sell. Or, not fast to sell... unless they really turn this small but, biggest of all Canary Islands into a real new Hongkong according to rumors and speculation articles in the media...And all that because of one of the worlds biggest companies... Must I say more? I better dont'. It could happen in 5 years time, in 10 or, in 20...
Oh, and that would/will push Tenerife real estate prices sky high.

Do you want to see residential property prices in Hongkong?Tenerife investments are still cheap looking at those. Right? But, perhaps, you need to invest or, go there for some reason in which case you must keep this good source for property Hongkong in mind.

Investing in Tenerife at a good moment in time:

Right now, perhaps it might be a better time for investors to pick up a bargain in Tenerife in the months and year to come.

Tenerife constructors don't have it that easy any more to sell off Tenerife new developments or, accommodation in Tenerife not yet built. Interest rates are to blame. But, luxury holiday accommodation in Tenerife will always have a market. Let´s not forget that.

The next big boom which will come for sure...

Getting familiar with buying procedures and conditions:

This is very important no matter in which country we want to invest in property.

Also one important factor that must be taken seriously is the location where a property is.

Rather go for a mortgage which would mean investing more, than purchasing property in a cheap neighborhood.

Here is everything we must know about property buying procedures in Tenerife once you have found your perfect holiday home or, key property Tenerife.

As far as general tax laws are concerned a good accountant is important. Tax laws change by the year in Tenerife/Spain. It is impossible to know the latest. Only experts do.

Here is one of the best and old suburbs in North Tenerife which is worth looking into for people interested in investing in Tenerife property provided something is for sale which doesn't happen every day.

What can go wrong when you buy Tenerife property with 'uso fructo' or other strings attached? Not that uso fructo means something wrong in the first place...

Property investment Tenerife is possible in the south of the island which is still in a region where the sun does not burn too much during some days in summer. It's by the giant cliffs of Los Gigantes where water sports and whale and dolphin watching for Europe as well as sailing and yachting are excellent.

Tenerife resale property west coast Los Gigantes Want to buy directly from owner saving good money? Let me show you that it's possible without strings attached.

Here, you can also go from property investment Tenerife to a whole photo gallery apartment Los Gigantes to see this property straight away.

More useful topics related to property investment Tenerife:

Investment property Tenerife with nostalgic flair:

There comes a time when we had enough of the modern. That's when we long for something with more character which can only be found in the traditional which may be sometimes antique.

This may be with strings or building laws attached which you may read up on the bottom of the page Fincas in Tenerife.

Here, we should compare such properties when they may be found in towns or in more rural areas. Investments options vary accordingly.

Traditional housing Tenerife seen in 1997

Fincas which may be ordinary farmsteads often offer good investment options. They could also be real country estates.

Even, this come down potato finca (rural property) had good investment potential if the buyers circumstances had been right.

General tips about selling Tenerife property.

Local Tenerife property buying Know-how is vital.

Property investments Tenerife in penthouses:

Here is why you should grab a Tenerife penthouse by all means. It's worth it to make a plan for one. They are hot commodities and they are getting scarce.

Please, return to main real estate page with all links to learn more on Tenerife property Tenerife technicalities, in case, you've missed above links. You also find there Casona photos. A Casona could be really interesting for investment.

Investment advice by a British source:

Effective investment property financing will show you how to layout the minimum amount for your investment property, whilst maximizing your returns. Primarily aimed at UK investors, this site will inform and educate you about investing in property either at home or abroad.

Investment advice by a global source:

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