|
Climate has always been a prime motive for property purchasers in Tenerife, but there are many other considerations. In previous years most of the property was bought for a second residence or holiday home, however recently this has changed. People are making this island with its excellent moderate climate their principal place of residence, but not just for retirement, young families are moving out and setting up homes and businesses also.
People settle in Tenerife for many reasons, the main ones being, a better lifestyle, healthier climate, outdoor life, lower cost of living, lower taxation, escape from rising crime and first class health care.
There are still many second home buyers, presently there is little return from bank or building society invested capital and people realize that an investment opportunity currently exists while property prices are still attractive and furthermore, they can generate additional income by way of rental revenue.
Whatever happens on the European property market, it is generally considered that Tenerife is set to overtake all, thus giving current purchasers excellent investment potential. Evidence of this exists now by the unprecedented interest in all types of property on the island.
In the past much has been written about the horror stories that exist when unfortunately, a property purchase goes wrong. How can it happen, how is it that purchasing clients are not protected by law? The plain fact is, they would have been had they used the method set out by the law in the first place. Property sales that go wrong are usually caused by buying without the help of a licensed professional.
Solutions Consulting can guide you through every aspect of purchasing property in Tenerife either as the selling agent or as an independent advisor. We will take you through each stage of the sale & purchase and will complete all of the paperwork necessary to avoid any future problems or complications (some of which may not arise until months or even years later).
|
|
