A good plan was needed to find residential property
in Tenerife. We only had two weeks of holiday
Richard said, let's all get some residential property in Tenerife.
Ha! He had this funny way of talking. We knew that “commercial” didn't apply. "Come on", he said, "we shall have great winter holidays on the island. "You've seen how ugly and gray the river looks when looking out of my Duesseldorf windows'... "Sometimes, no sun for 3 months!'... 'Depressing!',
his wife Sonia added. My husband, J.Peter, and I had no problem with ice, frost bites, and sad moods.
Where we lived in Africa, sauna type humidity and heat almost killed us.
So much was talked about. Our friends even thought about retiring on fabulous Tenerife, later. Of course, they had to find and buy some residential property in Tenerife, first. By the way, I am talking 1997, before the Euro. Demand for holiday homes in Tenerife was high at that time. Agents were very busy. How achieve our goal in only two weeks of holiday? 'With a good plan to get our residential property in Tenerife', was all Richard replied. 'Let's start our search with Puerto de la Cruz and surroundings first', Sonia said. 'Later we may include other parts in north Tenerife,' she added. 
What you see in the picture beside is only a small coastal part of the area of Puerto de la Cruz stretching along La Orotava Bay with many beaches.
On our first evening out we discovered much property for sale, already. We saw many Tenerife apartments, mainly.
How come? We could see them displayed in many windows of real estate agencies in the town's hub. In case that you were interested in tracing residential property in Tenerife with your own or, your rented car here is some great help:
To assist you in finding routes and addresses in the biggest of all Canary Islands please, go to viamichelin.co.uk. It can be real hard to find your way around in Tenerife. Not even road names are indicated well, at times. You may lose precious time finding them except for some which you will find in Tenerife maps. We had prepared ourselves well for a holiday home hunt with a
good plan
to buy property and, how to find it quickly with a deadline. Did we stick to all the points of the plan to find residential property in Tenerife?
We did, except for the real estate solicitor. 'Not necessary'..., my husband said... We didn't need one, in fact. We had a very good real estate agent who took care of everything for us and we never worried about property fraud. We applied for the
NIE number
that is needed in Spain, straight away. Today, I am still surprised that we got the 'NIE' or numero N.I.E. as it's called in Spanish, in time.
The N.I.E.number is an identification number for foreigners in Spain. It is very important to have when you want to buy property in Tenerife.
The hub of Puerto de la Cruz, where
we were booked for our vacation, displayed property
for sale, virtually, on every
street corner.
Many agentes de Inmobiliarias which means real estate
agents or, agencies in English offered land,
villas called chalets by the locals, apartments, studios. A glossary of Spanish expressions is to be found with photos, here. Tenerife real estate agents in Puerto de la Cruz still had their doors open, just before 9 at night, when we strolled through the streets. But, mind that they are still taking siestas...Usually between 1pm and 5pm...That meant lovely vacation time for us with all of Tenerife's entertainment all around us at night as well.
Richard was dressed in a suit. His
wife was just as elegant. All this
for residential property in Tenerife?
Ha! The hunt had started. My hubby?
Well, he looked his usual self with
his glasses, his well groomed beard.
It wasn't always like that... More than a polo shirt and corduroys
would have been too much of an
effort for him. But, his appearance
was respectable.
> Oh, by the way, that's me on the
right dressed like a tourist, in the
Puerto de la cruz hub, on Plaza del
Charco. Sorry, I've still got to
find the right photo with my husband. Why have I talked about all this
appearance before? Look, it simply was amazing how much the agents helped us! Did they take us for prospective buyers? Mind, on the double... We got our first appointments to see Tenerife residential property, the morning after. The first potential holiday home Tenerife belonged to a British banker. Our friends set their eyes on that home. But..., no deal to get the luxury villa after a few days of cautious haggling... Call it a budget problem or shortage of cash. Our friends were not interested in Tenerife mortgages. My husband and I saw many an apartment as well as Tenerife studio apartments. A whole week was quite packed with real estate inspections. I almost continued looking for residential property in Tenerife in my sleep. You might wonder about our experiences with
apartments in Puerto de la Cruz.
What were they like? We were wondering why there were not many luxury apartments around and, didn't know why penthouses in the north were short because of 'azoteas', either. Then, my husband fell in love with a potato finca. We had not been interested in fincas which are farmsteads or small farms in Tenerife. When you are on holiday you seem to be more curious, however. So off we went to have a look at a potato finca in Tenerife. You never know with farmsteads... Many a finca has become a good holiday home in Tenerife or, so much more. Many of them were excellent property investments in Tenerife. Besides, country houses are of course located far away from the rat race.
Oh, and we also admired vineyards from outside. Why not? A vineyard might have made a lovely residential property in Tenerife for our friends. We really got around during our interesting Tenerife holiday. We were not after land nor into off-plan property. Residential property scaled down our search. Only one more week to go, to find our holiday homes and to buy! What did we find? Not what we had planned for... Nope... You know, life can full of surprises. Real estate in Tenerife surprises!! As said, there were surprises. A house half an hour from Puerto de la Cruz was one of them.
Please, go from residential property in Tenerife to townhouse in La Orotava Tenerife.
For an amazing variety with many Tenerife properties in North and South, please, look at the English version of ic-invest.com where lovely, highly competent Lisa will show you around and advise on best choices or call: tel: + 34 922 37 46 46 or fax: + 34 922 37 21 52 Mr.and Mrs.Plambeck help towards protection of residential property ownership on Tenerife. A qualified person in their team can advise on unusual tax matters as well. Your property will be in best hands while not on the island.
If need be, in extreme cases, they will advise you to consult a lawyer.
Tel. + 34 922385153 Fax + 34 922385190
Edificio Colon (suburb La Paz)(opposite Supermerdado 2000)
38400 Puerto de la Cruz. What can go wrong when you buy Tenerife property with 'uso fructo' or with residential property in Tenerife with strings attached ? Not that 'uso fructo'(usu fruct) means something wrong in the first place...It may be of significant advantage. Uso fructo or usufruct as it's called in English plays an important part in avoiding inheritance tax which by the way may be very little with the new property law for residential property in Tenerife and other as of January 2008. Other related property Know-how: Buying Tenerife property such as with or without agent For Sale by Owner - Sell your home without an agent. FSBO-how-to tells you how to save thousands in real estate commissions. Tenerife property guide for selling Reverse mortgages Avoiding foreclosure Mortgages in Spain in general House flipping
and Tenerife law for residential property in Tenerife. Tenerife holiday rental guide Timeshares Europe and the essence of timeshare
which may be a unique setup as experienced by the author. Holiday Villa Tenerife
renovation review Houses in Tenerife
building regulations. Did you know that you can inquire about apartments or, any other question you are having at Tenerife Forum? It's the best forum for English speaking people regarding Tenerife. Would you like some
holiday home humor
to import some sunshine from a different source.
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