Buying a business in Tenerife

Mon, Jul 13, 2020

Buying a business in Tenerife and advantages of staying in Tenerife. There are huge benefits for people from the UK and elsewhere to buy apartment in Tenerife. The all year summer-like weather is the obvious attraction, but Tenerife offers so much to almost everyone whether the extremely low cost of living, the beautiful mountains and pine forests or just the fabulous low key lifestyle of foreigners and locals alike, on these, the aptly named “Fortunate Islands". The views from the apartment are towards the sea, giving this townhouse a relaxing and peaceful sensation. Tenerife is recently had a massive facelift, with a completely new beach and promenade, and together with the group of shops that there are in the area, you will live in an area which will give you a real Tenerife lifestyle.

The apartment is located near from the beach in the center of tenerife, a small self-contained residential town and holiday resort part of Adeje district. The area was originally a small Tenerife village that has over the past few years undergone a very rapid transformation due to the ever-increasing demand for both residential and holiday homes. After an investment of almost €2 million, tenerife has seen the opening of the magnificent new Playa Ajabo beach. Many people are now exchanging their dowdy lifestyle back home for the beautiful subtropical climate enjoyed here, and with the renewed confidence, wealth. Europe’s forty, fifty and sixty something’s, there is ongoing demand for apartment in tenerife, particularly in the South around Playa de las Americas. However there are many subtle differences in the way business is transacted in Spain and its islands so it is important to do your homework in advance and ensure that you have experienced professionals helping to guide your purchase.

Why you should buying a business in Tenerife? Most business is sold, as in the U.K., through a ‘’Lupain Tenerife Estate Agents’’. When you see an advert or find a business you would like to view on an agent’s website, you can visit the business near with the agent’s representative, and if you are interested in purchasing, make an offer to the Estate Agent. Business owners here generally know the value of their apartment but some negotiation normally takes place with the Estate Agent mediating. It is very common here for properties to be sold furnished and one other thing to note is that there is no formal survey system here so you need largely to use your own judgement on the condition of the apartment and it is a good time to buy a business in Tenerife through a ‘’Lupain Tenerife Estate Agents’’ who are based in Edificio Cristian Sur L60, Avda. Amsterdam No 4, Playa de Los Cristianos, Tenerife 38650.

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