Wednesday, February 4, 2009

Recently Reduced, 3 bed Villa in Corralejo, Fuerteventura, Fully Furnished 147.000 Euros


This is an amazing offer you just cant miss out on. Lets re-cap.
Recently reduced by €50 000 plus fully furnished! Across the road from the property is large swimming pool which also hosts a childrens splash pool.

Want to see more of the property in Corralejo

Tuesday, February 3, 2009

Yes, i purchased a property in the Canary Islands

If you have purchased a property in the Canary Islands, tell us why you chose your property, the highs and lows of the purchasing process. Do you have any recommodations for future buyers?

Whatever your story, we would love to hear from you.

How much does it cost to buy a property in the Canary Islands

Normally you will pay around 10,000 Euros for Legal Fees & Taxes when buying buying a property in Tenerife, Gran Canaria, Lanzarote & Fuerteventura.

All the legal proceedings are usually under taken by the Bank, the Estate Agent or the Seller.

Lets see the break down off payments you will have to make.

  1. Transfer Tax - 5% of the official property value.
  2. Plus Valia Tax - pay all fees and taxes due on transfer of property.
  3. Land registry fees - fee is about 0.5% of the declared property value.
  4. Notary Fees -fee is about 0.75% of the declared property value.
  5. Lawyers fee - 1% of the purchase price may be requested.
  6. Tax Retention - buyer must retain 5% of the declared property price
For a more in depth view, read the canary islands property buyers guide by CasaQuest.com

Monday, February 2, 2009

Life's a beach at Playa del Duque and La Caleta in the south of Tenerife

With some fantastic new luxury properties and commerical units appearing in both Playa del Duque and La Caleta, there's no wonder why the Adeje townhall has called the diggers in to improve the beach between these two popular and sort-after property spots.

If you have every been to the Las Vistas beach in Los Crisitianos, then you will remember not only the size of but its golden sands. Well thats what Playa del Duque and La Caleta beach now has.

The importation of this golden sand proves that Adeje is hearing what potential property buyers would most like, a golden sand beach outside their house.

Sunday, February 1, 2009

Tenerife property still alive and kicking

The property market in Tenerife slowed down due to the economic crisis, but there is still hope as the market is recovering, albeit slowly.

A good friend of mine told me how his friend finally sold his house in Tenerife after 3 years on the market. In the end he got more money for the selling price as there were 4 bidders.

There is also a good range of New Developments in Tenerife with quality apartments and villas for sale now on the market and the interest from potential buyers is heating up!

Take a look at Mirador del Atlanico, built and sold by Gomasper, situated in a little village just above Los Cristianos in Tenerife.
They comprise of 1 and 2 bedroom apartments starting from as little as 107,000 POUNDS, thats 136,000 EUROS.

Here, take a look for yourself, there are also photos of the show apartment and views of the sea.