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Types of property available in tenerife

Buying off plan/new build

These are properties that have yet to be built and are purchased on the basis that you have viewed a show home or a plan from the developers and like what you see. You are able to choose the apartment you prefer within the development and to  pick from a selection of exterior and interior styles and designs. Payments for new builds are made in instalments with the final payment after the finished building is delivered.

Resale Properties

A re-sale property is one that has already been lived in or pre-owned. A significant number of re-sale properties are sold with their furniture and contents included in the price, so it could be even easier to move in.

Urbanizaciones

These are normally apartment complexes or small communities/suburbs. Beach-front urbanizaciones are now at a premium as there is very little land of this type  left undeveloped Should  you decide not to go with a beach front property, you should  expect a lot more inside and outside space for the same money.

Villas

Detached, purpose-built holiday villas or homes are usually luxury 2 to 3 bedroom properties with private pools and gardens. As a general rule you will pay more for a detached villa than for a house of equivalent size and comfort on an urbanizacion.

Apartments

Most people in Tenerife live in an apartment. Styles, degrees of quality, room size and number, number of bathrooms, en suite facilities, location, amenities provided vary enormously from complex to complex and also as to whether sited in ‘Touristic’ or ‘Residencial’ areas. Prices vary enormously too, and there are many bargains about, so check with estate agents, free papers, roperty papers