We have been slaving away this month and have finally managed to negotiate an exclusive (albeit temporary) Tenerife Property FIRE SALE on select repossession prices until the end of this month. Many properties have been slashed in price but they will go back up, so if you are seriously interested in a bargain property in Tenerife – don´t miss this opportunity!
The standard prices can be seen on the property listings but the FireSale prices can only be seen right here. Click through to compare current price versus the Firesale price and remember, if it´s not reserved before 1st July – these prices disappear!
- 1 bedroom apartment on Granada Park dropped to 116,500€ (These are 205,000€ direct from the developer – feel free to go and ask them!)
- 1 bedroom apartment in Playa Paraiso has been dropped to 62,000€
- 3 bedroom townhouse in Fanabe has been dropped to 239,900€
- 2 bedroom townhouse in Roque del Conde only 183,000€
- 1 bed apartment in Palm Mar dropped to 122,000€
- 1 bed apartment in Balcon del Mar dropped to 85,000€
- 2 bed apartment in Marina Palace dropped to 106,500€
- 1 bed apartment in San Eugenio dropped to 102,000€
- 1 bed apartment in Costa del Silencio dropped to 49,950€
All of these properties come with mortgages of between 90% and 100% of their respective purchase prices. Prices will go back up on 1st July. Any property reserved before then will be sold at the lower price. In order to reserve a property for 25 days, a 5% deposit is required. If you need a mortgage then your deposit is guaranteed until you obtain a mortgage approval. If your mortgage application is unsuccessful, your deposit is returned. Estate Agents in Tenerife do not do this!!! Many will keep your deposit after promising you a mortgage and then failing to get you it – a common scam in Tenerife – and something we suggest you watch out for. Reserve with us and your money is 100% safe and will be returned if you cannot complete on your purchase.
If you want a property taken off the market until you can come over and view it, then the same applies. A 5% deposit will reserve for 25 days – refundable if you then choose not to purchase.
If you obtain a “Fire Sale” price, then the closing costs, cash required and mortgage payments will all be lower than what is showing in the listing. Please contact us for an illustration of the costs and mortgage.
Contact us now to reserve your Tenerife Bargain Property
