Investment and Luxury Properties in Tenerife, Spain

Why Invest in Tenerife Properties

One of Spain's Canary Islands is Tenerife which is situated in the Atlantic Ocean off the northwest coast of Africa, and is accessible within 4-5 hours from most major European cities.

Tenerife belongs to the province of Santa Cruz de Tenerife and is famed for a year-round mild climate, the beautiful beaches, amazing volcanic landscapes which are dominated by Mount Teide, which is Spain's highest peak.

Tenerife is one of Europe's top tourist destinations, with 5 million plus visitors each year, generating a strong demand for holiday or vacation rentals, which then benefits property investors with good rental returns.

Tenerife enjoys one of the best climates in the world, with average temperatures between 18-28°C year-round, making it a highly derirable location to live and retire to.

As part of the Canary Islands Special Zone (ZEC), Tenerife has lower corporate tax rates as well as other incentives The property investment market is seen as stable due to sustained tourism demand.

Areas like Costa Adeje, La Caleta, Playa de las Américas, and Puerto de la Cruz offer exclusive resorts, golf courses, and luxury villas with sea views, plus seafront properties as well as gated communities abound.

Tenerife's short-term rental market comprises in part of villas, luxury apartments, and luxury homes, and is very strong thanks to year-round tourism investors can benefit from high occupancy rates and growing demand for premium accommodations in Tenerife.

Tenerife benefits from two international airports being Tenerife North and Tenerife South, that connect the island to Europe, Africa, and the United States in particular.

Investing in luxury real estate in Tenerife benefits from strong financial advantages and tourism-driven demand year-round.

Map showing where Tenerife is in Spain

FEATURED Spain LISTING Location : Orihuela, Alicante Property Type: Villa Property Terms: For Sale Local Currency Price: Price in USD: $310,000

Tenerife generally has a very stable property market and purchasing or selling properties is done in a transparent manner. Spain is well-regulated, with strong legal protections for ownership, and relatively low political risk provides peace of mid to investors and private buyers looking for real estate opportunities.

Tenerife is one of Europe's most sought after locations for luxury property investment and buying luxury properties for personal use. Tenerife brings together year round sunshine, a glamourous setting with a strong real estate market over time.