Highlights in Tenerife Island
Find your ideal home in Tenerife Island
Relevant information about Tenerife Island
Information
Tenerife is the largest and the most populous of the islands of the Canary archipelago. It stans out by a large variety of nature and comfortable weather all year round. The island has a developed infrastructure and a huge success among tourists.
Real State
Houses for sale and rent in Tenerife are just one of the areas of its economy, which based mainly on tourism. The Spanish government on the legislative level strongly promotes investments in real estate, providing a residence permit, the right to reside on the island up to 6 months in a year without issuing citizenship and mortgage lending to those who buy a house for more than EUR 500 000 in Tenerife. Therefore, the most popular in this price range are villas for sale and rent in Tenerife.
Apartments for sale and rent on Tenerife.- is much more accessible market segment. Small apartment, or at least, a room in it, you can buy at a price loew than 100 000 euro. Moreover, for 80 000 euros, you can become the owner of an apartment in the first line - with a view of the ocean. Quite affordable is the housing in the northern and north-western part of the island. When selecting and making the purchase you should take into account one important factor - the requirements of local condominiums. The fact that, almost every apartment building has its own rules, the violation of which is severely punished. For example, a very common is the ban on keeping pets. Apartments for sale and rent in Tenerife of this type are the most affordable segment of the real estate market.
Houses for sale and rent in Tenerife are not only a good investment, but also a profitable business. Having bought a house on the coast for only 300-400 thousand euros, you can take rent it out almost the whole year, getting at least 3-5 thousand euros per week. This can be explained by the fact that many owners of houses and apartments on the island are foreign citizens (including our compatriots).
It is relatively easy to buy a piece of land in Tenerife. You can become the owner of several hundred squares of land for 100-200 thousand euros - depending on the geographic location. But you must be prepared for the fact that it will be more likely just a land without any buildings and communications, and perhaps without a building permit. It is quite problematic to get the permission on Tenerife, so these details need to be clarified before committing the transaction.
Transport
Tenerife has a developed road network, and even tram tracks. In recent years, it has been toften talked about the construction of a full railway, but the project is still on the stage of approval by the Government of Spain.
Green comfortable buses make routes on almost the entire territory of the island. You can buy ticket (cost from 1.37 to 2.5 euros) from the driver, but remember that you need to pay small bills - up to 20 euros. If you plan to travel a lot, it’s recommended to buy a travel cards - that can save up to one-third on each trip.
There is only one tram line on the island. Its length is 12.5 km. It connects the capital with the opposite end of the island - the town of La Laguna. This route is rather informative, because it goes through the most picturesque places of the island.
Taxis in Tenerife are used mainly by tourists. Locals find it too expensive. The cost of 1 kilometer is 1 euro, and the fixed charge for the call is 3.5 euros. So it is advisable to use taxis only for long distances.
You can also rent a car, motorcycle or bicycle.
Ferries connect Tenerife with the other islands of the archipelago and mainland of Spain. Communication with islands is daily, with the mainland - weekly. The cost should be asked directly from the transport company- rates often change due to the seasonal income of tourists.
From the north airport you can fly to other islands of the archipelago and the mainland. In the summer departures take place on schedule, but in the autumn and winter months flights are often delayed due to bad weather and poor visibility.
Attractions
The main attraction of Tenerife is a natural park with volcano Teide - the highest point of the island and Spain as a whole. A city tour with a visit of volcano park will cost 28-30 euros. There are also more expensive tour with champagne and ride by the cable car - for 90 euros.
Loro Park - another one - this time a man-made - attraction of Tenerife. Here is collected a huge number of wild animals, there is a huge botanical garden. It is also possible to visit as part of the tour (ticket price - 33 euros for adults and 22 euros for children).