Apartments in Tenerife. Prices for flats in Tenerife
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 sea-view penthouse of 200 sq. m. New turn-key apartments are sold complete with interior decoration, kitchen furniture and even fitted appliances.