Buying a new home is a big step, especially if it’s in a foreign country. It’s extremely important that you choose the right location. One of the best ways to decide is to actually live in the area before you go ahead and invest. There are numerous estate agents in Tenerife who look after long term rentals.
Renting a place in Tenerife is much the same as it is back in the UK. You sign a contract for a short term period (weekly) or for a long term period of three months or more. You have to put down one months rent in advance plus one months rent as a damage deposit.
You need to give a months notice before you are due to move out so the agents can advertise the property as “soon available”.
Also, if you wish to extend your contract you must notify the agents one month before your contract is due to finish.
Long Term Rentals (What you’d expect to pay)
For a three bedroom town house in Las Americas, you’d pay around € 1,200 (approx £828)per month.
To rent out a business premises in Adeje (Barranco De Las Torres) complex you’d pay around € 3.000. For long term rentals, the minimum rental period is normally three months.
About Tenerife
Tenerife is the largest of the seven Canary Islands. The north of the island is a lot greener, wetter and quieter than the south which is dry, sunny, warm and much livelier. The island has an incredibly diverse landscape with deserts, mountains, exotic fauna and flora, volcanoes, lush green forests and miles and miles of spectacular coastline and beaches.
There’s plenty of things to do in Tenerife. If you’re into sports you can try windsurfing, surfing, scuba diving, jet skiing, sailing, tennis, trekking, climbing, football and much much more.
Santa Cruz (in the north) is the capital of Tenerife and home to the island’s main port. This is where you’ll find the best shopping on the island. All the major department stores are here like El Corte Ingles and Carrefour etc.
Tenerife is said to have the perfect climate. The minimum and maximum annual average air temperatures are about 24C in summer and 15C in winter. The island enjoys wonderful weather all year round. You’ll find the most sunshine, the least clouds and highest temperatures in the coastal areas.
Tenerife Facts (quick tips)
You get the most sun between Los Cristianos and Callao Salvaje. It’s windiest between Candelaria and Golf del Sur. The most peaceful areas are generally about 500-1000m back from coastline. If you’re looking for truly spectaular views you’ll normally find them from the tops of hills, not on the front. If you want sun all day long yhou need to rent/buy a place with a south facing terrace or garden.
The Canary Islands are one of the world’s major tourist destinations and not surprisingly, tourism is big business here. Many people come to the island, fall in love with it, and decide to stay for good.
For more information about long term rentals, buying a property, or just general advice about Tenerife you should contact one of the many English-speaking agents on the island.