About Tenerife, Spain

Tenerife is the largest island of the Canary Islands archipelago of Spain. It is the most populous of the Canary Islands, with about 1 million inhabitants. It is also the most visited and economically significant.
Tenerife's capital is Santa Cruz de Tenerife, which lies at the north of the island. The city is surrounded by the municipalities of Arico, Los Cristianos, San Cristóbal de La Laguna, and Adeje.
The island has a rich cultural history, with renants of a pre-Columbian population, a variety of monuments and museums, and several important universities. Tenerife's economy depends largely on tourism, with around half of its revenue coming from this sector.

More about the city - Geography and areas

The main areas in Tenerife are the cities of Santa Cruz de Tenerife and San Cristóbal de La Laguna, the resort areas of Puerto de la Cruz, Costa Adeje and Los Cristianos, and the mountainous areas of Anaga and Teno.
The capital of Tenerife, Santa Cruz de Tenerife is the largest city on the island. It is located on the northeast coast of Tenerife and is a major port and commercial center.
San Cristóbal de La Laguna is a town in the northern part of Tenerife. It is the former capital of the island and is now a UNESCO World Heritage Site. La Laguna is known for its colonial architecture and its university.
Referring to the resort areas, Puerto de la Cruz is a town on the north coast of Tenerife, while Costa Adeje and Los Cristianos are situated in the south of the island. They are the major tourist destinations, known for their beaches and nightlife. Moreover, Costa Adeje is famous also for its black sand beaches and its volcanic landscapes.

The luxury real estate market in Tenerife

Prices of second and third-tier resorts and cities in Tenerife rose by around 40% and 25%, respectively, in just one year, according to the latest figures from Real Estate Agency G&G.
The data revealed that sales of hotels were affected by the pandemic because of the closure of resorts and hotels due to the state of emergency.
However, it seems the outbreak has not had an impact on the luxury real estate market, as sales of properties in high-end areas continued to rise. Tenerife saw an increase of 26% in the number of foreign buyers, with more than 80% of them being Americans.
In the Canary Islands, the biggest market for luxury real estate is Tenerife. This area is one of the richest in Europe, where the island’s economy depends on tourism.
According to the report, the most popular locations for luxury real estate investment include: Gran Teide National Park, the Sierra Nevada, Punta Laguna, the Los Gigantes region, Mar de las Iglesias, Los Lobos, El Garaje, Santa Cruz de Tenerife, Playa de la Caleta and Los Cristianos.

In Tenerife you can find private mansions, villas, prestigious apartments and many exceptional properties.

There is currently a lot of interest in luxury penthouses and apartments, as well as luxury townhouses and high-end properties.

Real estate agencies are everywhere in Tenerife but just a small portion of them can really handle the sale of a luxury apartment, a villas, a penthouses and only a few are used to deal with an international buyer.
Fortunately, you can find them on World Luxury Home!

You can explore real estate listings and find the right match for you. You can filter by property type, services, amenities and more.


How to buy a luxury home in Tenerife There are a few things you need to know before you buy a luxury home in Tenerife:

1. The market for luxury homes in Tenerife is very competitive. You will need to be prepared to compete with other buyers for the best properties.

2. The average price for a luxury home in Tenerife is around 3000000.

3. You usually need to be able to speak Spanish to buy a luxury home in Tenerife.

Most of the real estate agents and property developers in Tenerife only speak Spanish.
Fortunately, on World Luxury Home, many agents and agencies speak fluent English, Russian, Italian, German, French, Chinese, Arabic and Spanish.

Whether you are looking to buy a private mansion, a luxury apartment, a family apartment, or even an atypical property (yes, Tenerife is full of properties that are unique and can't be compared to anything else in the world!), you're in the right place.

How to sell a luxury property in Tenerife When selling a high-end property in Tenerife, it is important to price it correctly. Many luxury properties in Tenerife are overpriced, which can lead to a longer than average sale time. It is also important to make sure the property is in excellent condition before putting it on the market.

Additionally, it is important to market the property correctly to reach the right buyers.

Some tips for marketing exclusive properties in Tenerife include:

• Using high-quality photos and videos to showcase the property
• Creating a well-written property description that highlights the unique features of the property
• Targeting high-end buyers who are interested in luxury properties
• Post your property on World Luxury Home to ensure to target the right audience and to increase your visibility. It is free to post your listing as a private seller and our team can provide services to sell your home faster and at the best price.

Remember that there are thousands of real estate for sale in Tenerife: We can help you stand out of the crowd and sell your property faster.

Contact us now to know more about our services or list your luxury property in just 3 minutes!