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BUY TO LET GUIDE

As well as buying for their own use, many of our clients make use of the year long market to generate income from the renting of their properties. This can be over both short and long term periods, with many covering their yearly costs, i.e. mortgage, community charges etc, as well as being able to use it for their own holidays at minimum cost.

Tenerife, though part of the sovereignty of Spain, has its own autonomous government. Due to its expanding economy, the euro currency, and its membership to the E.E.C., Tenerife is very attractive to foreign investors. Tenerife has the highest visitor ratio in Europe, and as mentioned above, a climate that produces a twelve month holiday season. Due to these factors, the demand for rental accommodation continues to grow in Tenerife, providing a financially strong reason to invest here in property.

As throughout the rest of Spain, Tenerife is subject to strict laws and regulations regarding the letting of different properties, especially those for short term “holiday lets”. These rules vary depending on the classification of the complex in question. Tenerife House Finder advises its clients on each property and the legal situation regarding letting before purchase. A lot of buyers have been attracted to the buy-to-let market in Spain only to find that they are unable to let at all, or incur substantial fines. Tenerife House Finder makes sure that its buy-to-let clients can legally do what the purchase was intended for.

Here at Tenerife House Finder, we provide all services that are necessary to rent your property. We operate a complete turnkey property management service. We understand the challenges of trying to maintain your property whilst out of the country. Our services include Translation, Arrival/Departure Pick Up, Cleaning and Laundry, Maintenance and Renovation, Official Key Holding and Gardening among other things. In fact everything you need and more. If you have any queries regarding the high potential of renting your property, please do not hesitate to contact us.