Can foreigners buy apartments in Tenerife?

Yes. There are no restrictions on buying property in Spain , whether it's commercial, residential or land. In fact, Spain encourages investment by foreigners, both resident and non-resident. You will require a financial number which can acquire by visiting a police station with your passport.

How do I buy an apartment in Tenerife?

The process of buying a property in Spain usually runs as follows. First, the buyer makes an offer, usually through the seller's real estate agent. If this is accepted, then the buyer and seller sign a preliminary contract (contrato privado de compravento) and the buyer pays a deposit, typically 10% of the purchase price. Then the agent helps to organise property check and if there're no burdens or restrictions, a final sales contract is prepared.

Do I need a Spanish bank account to buy an apartment in Spain?

Yes. You will want a bank account in Spain once you have bought your apartment in Tenerife. This will enable you to set up direct debits and standing orders to pay for your utilities and bills .

Can I get a mortgage in Spain?

Yes. Although to get a mortgage in Spain you need NIE (Número de Identificación de Extranjeros). If you're in Spain, you can start the NIE application process at any local police station. Outside of Spain, the best way to apply for an NIE is to contact your local Spanish consulate.

What is a Spanish residence permit?

A long-term residence permit allows you to stay in Spain indefinitely, working or otherwise, under the same conditions as Spanish citizens. You can apply for Spanish nationality after 10 years of residence in Spain.

How do I get a residence permit in Spain?

Dedending on type (for students, for investors, etc.) you can obtain Spanish residence permit at Foreigner’s Office in Spain or at Spanish Consulate in your country of residence.

How long does it take to get residency in Spain?

The terms are based on the type of the residence (for students, for investors, etc.). Some of them can be obtained in less than one month.

Can I get residency in Spain if I buy property?

Yes. If you buy property in Spain you can get a Spanish residency permit, which allows you to live in Europe. The only challenge is the paperwork, and you must invest at least 500,000€.

How can I get permanent residency in Spain?

You can get permanent residency in Spain after 5 years of legal residence.

How long does it take to become a citizen in Spain?

The standard criteria for citizenship in Spain is 10 years of legal residence. There are reduced terms (1, 2 or 5 years) for residency based on naturalization, origin, option, etc.

Apartments for sale in Tenerife - Buy flats in Tenerife

Duplex penthouse with two terraces and a parking in a residential complex with a garden and three pools, Playa de la Arena, Spain for 320,000 €

With balcony/terrace

Duplex penthouse with two terraces and a parking in a residential complex with a garden and three pools, Playa de la Arena, Spain

320,000 €

£286,000

Total area 162 m²3 bedrooms3 bathrooms

162 m², 3 bedrooms, penthouse

Santa Cruz de Tenerife, Canary Islands, Spain

320,000 € 1,975 € per m²

A penthouse is located in a luxury residential complex and offers a terrace with panoramic views of the surroundings... Read more

Duplex penthouse with two terraces and a parking in a residential complex with three pools and a garden, Santiago del Teide, Spain for 315,000 €

With balcony/terrace

Duplex penthouse with two terraces and a parking in a residential complex with three pools and a garden, Santiago del Teide, Spain

315,000 €

£282,000

Total area 162 m²2 bedrooms2 bathrooms

162 m², 2 bedrooms, penthouse

Santiago del Teide, Canary Islands, Spain

2 floor

315,000 € 1,944 € per m²

A penthouse is located in a luxury residential complex and is equipped with two terraces with panoramic views of the Atlantic... Read more

Off-plan property

New building in center of Barcelona with panoramic views, garden and pool

470,000 €

Estimated completion Q3 of 2018

Furnished apartment with a terrace and a parking in a residential complex with a swimming pool, Los Cristianos, Spain for 246,000 €

With balcony/terrace

Furnished apartment with a terrace and a parking in a residential complex with a swimming pool, Los Cristianos, Spain

246,000 €

£220,000

Total area 85 m²3 bedrooms2 bathrooms

85 m², 3 bedrooms, apartment

Los Cristianos, Santa Cruz de Tenerife, Canary Islands, Spain

3 floor of 5

246,000 € 2,894 € per m²

An apartment is located on the second floor of a five-story building with an elevator, 100 meters walk from the Los... Read more

New apartment with a terrace in a residential complex with a pool, a garden and a parking, Puerto de Santiago, Spain for 320,000 €

New apartment with a terrace in a residential complex with a pool, a garden and a parking, Puerto de Santiago, Spain

320,000 €

£286,000

Total area 134 m²4 bedrooms3 bathrooms

134 m², 4 bedrooms, loft

Puerto de Santiago, Santa Cruz de Tenerife, Canary Islands, Spain

320,000 € 2,388 € per m²

An apartment in a newly built house in Puerto de Santiago, municipality of Santiago del Teide, a 25-minute drive from... Read more

One-bedroom apartment with a terrace and a parking in a residential complex with a pool, Costa del Silencio, Spain for 135,000 €

With balcony/terrace

One-bedroom apartment with a terrace and a parking in a residential complex with a pool, Costa del Silencio, Spain

135,000 €

£121,000

Total area 59 m²1 bedroom1 bathroom

59 m², 1 bedroom, apartment

Costa del Silencio, Canary Islands, Spain

1 floor

135,000 € 2,288 € per m²

An apartment is located in a residential complex, a 10-minute walk from the sea, Montaña Amarilla, cafes, restaurants... Read more

One-bedroom apartment with a terrace in a residential complex with a garden, a pool and a garage, Costa Adeje, Spain for 229,000 €

With balcony/terrace

One-bedroom apartment with a terrace in a residential complex with a garden, a pool and a garage, Costa Adeje, Spain

229,000 €

£205,000

Total area 73 m²1 bedroom1 bathroom

73 m², 1 bedroom, apartment

Adeje, Santa Cruz de Tenerife, Canary Islands, Spain

229,000 € 3,136 € per m²

A completely renovated apartment is located in a residential complex. It is furnished and equipped with a 22 m² terrace... Read more

Four-room apartment with terraces, a jacuzzi, a garden and a garage in a residential complex with a swimming pool, Costa Adeje, Spain for 550,000 €

With balcony/terrace

Four-room apartment with terraces, a jacuzzi, a garden and a garage in a residential complex with a swimming pool, Costa Adeje, Spain

550,000 €

£492,000

Total area 367 m²3 bedrooms2 bathrooms

367 m², 3 bedrooms, apartment

Adeje, Santa Cruz de Tenerife, Canary Islands, Spain

1 floor

550,000 € 1,498 € per m²

An apartment with high-quality repair is located at the end of a dead end street, in a prestigious area, on the ground... Read more

Four-room apartment with a terrace and a parking in a residential complex with a garden and a pool, Granadilla, Spain for 240,000 €

Sea view

Four-room apartment with a terrace and a parking in a residential complex with a garden and a pool, Granadilla, Spain

240,000 €

£215,000

Total area 112 m²3 bedrooms2 bathrooms

112 m², 3 bedrooms, new home

Santa Cruz de Tenerife, Canary Islands, Spain

240,000 € 2,142 € per m²

An apartment is under construction and is located in a residential complex at the foot of the majestic Montana Roja... Read more

Exclusive penthouse with a stunning sea and mountain views, Chayofa, Spain for 168,000 €

With balcony/terrace

Exclusive penthouse with a stunning sea and mountain views, Chayofa, Spain

168,000 €

£150,000

Total area 95 m²1 bedroom1 bathroom

95 m², 1 bedroom, penthouse

Chayofa, Canary Islands, Spain

168,000 € 1,768 € per m²

Comfortable penthouse with terraces and a pool in Arona. The main area of the pool is spacious and attractive, pleasant... Read more

Furnished apartment with a terrace and a parking in a residential complex with a terrace, Gia de Isora, Spain for 159,000 €

Furnished apartment with a terrace and a parking in a residential complex with a terrace, Gia de Isora, Spain

159,000 €

£142,000

Total area 85 m²3 bedrooms2 bathrooms

85 m², 3 bedrooms, new home

Guia de Isora, Canary Islands, Spain

1 floor

159,000 € 1,870 € per m²

A cozy apartment with modern finishes and furniture, located in a residential complex, on the ground floor of an apartment... Read more

Three-room apartment with a terrace in a residential complex with a garden, a pool and a garage, Costa Adeje, Spain for 470,000 €

With balcony/terrace

Three-room apartment with a terrace in a residential complex with a garden, a pool and a garage, Costa Adeje, Spain

470,000 €

£421,000

Total area 188 m²2 bedrooms2 bathrooms

188 m², 2 bedrooms, apartment

Adeje, Santa Cruz de Tenerife, Canary Islands, Spain

470,000 € 2,500 € per m²

A luxury apartment is located in one of the best and most prestigious residential complexes, a few meters from El Duke... Read more

Fantastic luxury duplex apartment with a sea and rock views in Los Gigantes Cliffs, Spain for 485,000 €

With balcony/terrace

Fantastic luxury duplex apartment with a sea and rock views in Los Gigantes Cliffs, Spain

485,000 €

£434,000

Total area 180 m²3 bedrooms2 bathrooms

180 m², 3 bedrooms, apartment

Santiago del Teide, Canary Islands, Spain

485,000 € 2,694 € per m²

Furnished apartment in a residential complex with a swimming pool in Santiago del Teide. The property has a closed... Read more

Three-room penthouse with a terrace and a parking in a residential complex with a pool, Costa Adeje, Spain for 266,000 €

With balcony/terrace

Three-room penthouse with a terrace and a parking in a residential complex with a pool, Costa Adeje, Spain

266,000 €

£238,000

Total area 100 m²2 bedrooms1 bathroom

100 m², 2 bedrooms, penthouse

Adeje, Santa Cruz de Tenerife, Canary Islands, Spain

11 floor of 11

266,000 € 2,660 € per m²

This spacious penthouse is located in a residential complex in a building with an elevator on the 11th floor. The apartment... Read more

Corner apartment with a garage, balconies and ocean views, Fañabe, Spain for 200,000 €

With balcony/terrace

Corner apartment with a garage, balconies and ocean views, Fañabe, Spain

200,000 €

£179,000

Total area 108 m²3 bedrooms2 bathrooms

108 m², 3 bedrooms, apartment

Fanabe, Canary Islands, Spain

3 floor of 3

200,000 € 1,851 € per m²

A bright corner apartment is located in the heart of Fañabe Pueblo, 200 meters from Hiper Dino. The area has a developed... Read more

Fantastic three- bedroom apartment overlooking the Atlantic Ocean, Tenerife, Spain for 185,000 €

With balcony/terrace

Fantastic three- bedroom apartment overlooking the Atlantic Ocean, Tenerife, Spain

185,000 €

£166,000

Total area 109 m²3 bedrooms2 bathrooms

109 m², 3 bedrooms, apartment

Los Realejos, Canary Islands, Spain

1 floor

185,000 € 1,697 € per m²

Furnished apartment with a terrace in Los Realejos. This house is sold furnished and has a lot of storage space since... Read more

Three-room apartment with a terrace and a parking in a residential complex with a garden and two pools, Costa Adeje, Spain for 375,000 €

With balcony/terrace

Three-room apartment with a terrace and a parking in a residential complex with a garden and two pools, Costa Adeje, Spain

375,000 €

£336,000

Total area 134 m²2 bedrooms2 bathrooms

134 m², 2 bedrooms, apartment

Adeje, Santa Cruz de Tenerife, Canary Islands, Spain

375,000 € 2,798 € per m²

This bright and spacious apartment with a modern design is located in a residential complex in the heart of the luxurious... Read more

Furnished apartment with a terrace in a residential complex with a pool and a jacuzzi, Santiago del Teide, Spain for 205,000 €

With balcony/terrace

Furnished apartment with a terrace in a residential complex with a pool and a jacuzzi, Santiago del Teide, Spain

205,000 €

£184,000

Total area 99 m²2 bedrooms2 bathrooms

99 m², 2 bedrooms, apartment

Santiago del Teide, Canary Islands, Spain

2 floor

205,000 € 2,070 € per m²

This furnished apartment is located on the first floor in a residential complex with a swimming pool, a jacuzzi and elevators. The apartment... Read more