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Tenerife
information for tourists and resident expatriates
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Overseas Investment property
Along with Spain, Australia, Barbados, Brazil, Cyprus and the Dominican Republic all represent significant overseas investment opportunities. Off plan investments are often the most lucrative (if properly researched). Spanish Investment PropertyThe demand for properties in Spain and the Canary Islands has been rising steadily as far back as 1988 and demand still exceeds supply. Spain has very low mortgage rates - the lowest in the European Union, after Finland. At the moment there are over 1.1 million holiday homes in Spain owned by foreigners - and half of these are British. Spain has always been a “home away from home” for English expats. Getting here is easy. Spain is no more than three hours away from any UK Airport. Low cost airlines are flying more frequently to more and more destinations in Spain and the Canary Islands. Fierce competition amongst the mainstream airlines and low cost carriers result in some incredibly cheap flight offers. Why choose a Spanish investment property? Quite simply, Spain has it all - this massive country has everything you could possibly need; climate; beaches; cuisine; nightlife; infrastructure; a vast and varied landscape; art, architecture; music; culture; and every type of outdoor sport activity imaginable. With all this on offer, it’s no wonder Spain is looked upon as a safe investment option. Overseas Investment Property - AustraliaSome of the most popular investment locations here are within the major coastal cities and various tourist hotspots. Property in Australia is highly sought after. The country has an amazing climate and a very high quality of life. The fact that they speak English is a big attraction for UK investors. Many investors actually end up relocating here after a year or so.
Overseas investment property - BrazilBrazil has become a stable new investment market with high growth potential. It’s an emerging market with excellent returns on investment. The cost of living here is very low - just 20% of that in the United Kingdom and Europe. Property maintenance costs are also extremely low. Overseas Investment Property - CyprusYou can buy properties here for significantly less than the competitive markets of Portugal, Spain and France. Northern Cyprus, in particular, has becoming increasingly popular with property investors because of the excellent value for money. The property market in Cyprus is now very well established; with all sections of the industry operating efficiently. Overseas Investment Property - BarbadosBarbados is a beautiful place to live, with a booming economy and excellent infrastructure. It’s a stable location characterised by historic plantation houses, regal homes, luxury villas, and many modern hotels and houses. With its amazing beaches, perfect year-round climate, and friendly people, it’s no wonder the world’s rich and famous choose to build their elegant mansions here. Barbados has great potential, both as an area to live and an area to invest in. Overseas Investment Property - Dominican RepublicWith a low cost of living, tax-free banking and dirt-cheap property taxes, the Dominican Republic is one of most affordable places for tourists and for real estate investors in the Caribbean. Think endless sandy beaches, crystal clear Caribbean waters and soft tropical breezes. Who wouldn’t want to live here…
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