We wanted to achieve several goals by buying a property. The foremost goal was to obtain a European residence permit and, in doing so, safeguard our family against the economic instability in our home country. The second one was to realise the opportunity of spending all of our children’s school holidays, as well as our own summer holidays, in Spain.Read all
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Apartments for sale in Tenerife are very attractive to foreign investors. Perfectly located in the Canary Islands, tourists enjoy the balmy local climate with temperatures that never fall below +20°C and summers that end in November. Indeed, Tenerife is the island of eternal spring.
Foreign investors buying flats in Tenerife enjoy all the benefits of Spain and island life. There are lots of things to do and plenty of golf courses, sport clubs, cinemas, cafes and restaurants here. It’s no wonder over three million tourists visit the island each year.
Prices of apartments in Tenerife are steady and not prone to downward trends. As of June 2014, a square metre in Santa Cruz de Tenerife cost €1,340, which is less than the average price in Spain (€1,656).
A 40 sq. m. apartment in Tenerife costs about €50,000 and €1.4M can buy a luxurious