Buying Property in Tenerife has many advantages over mainland Spain.

The biggest advantage is the rental income that Tenerife Properties are able to generate. Rather than having a short peak-rental period, property in Tenerife can be rented out and is in demand all year round with the busiest month of the year being December.

There is a healthy and mature market for “swallows” people who wish to come over to Tenerife and rent a property for 3 or 4 months between October and March.

Year round rental income from an apartment or villa in Tenerife can significantly offset Spanish Mortgage payments on a property making property purchase much cheaper.

The range of properties in Tenerife is vast, from small apartments in old Spanish towns, to penthouse apartments on upmarket complexes to luxury villas.

If you are looking for solid rental income, seek out the slightly older complexes in Los Cristianos and Playa Las Americas. Expect to pay from 150,000 – 180,000 Euros upwards for a 1 bedroom apartment on a well maintained complex generating 40 plus weeks per year rental income.

Whilst these types of properties can be difficult to find, they are well worth holding out for and acquiring, as the demand for them shows.

If you would like to register to be notified when such a property becomes available let us know and we can contact our extensive database of Tenerife Estate Agents on your behalf and notify you as soon as what you are looking for becomes available.

This will give you the best possible chance of purchasing a great rental property which you can use yourself for your own holidays.

Through our parnership with TenerifeMortgageBroker.com we are able to offer between 70% and 90% towards these types of apartments by way of a Spanish Mortgage