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Real estate in Spain, Tenerife.

Real estate in Spain, Tenerife. The purchase of apartments in the Sotavento neighborhood on the Spanish island of Tenerife, part of the Canary Islands system, is a promising, reliable and profitable investment. It will bring you joy and health, not measurable in money.

Real estate in Spain, Tenerife Canary Islands are a special economic zone of Spain and, as a result, prices are lower than in Europe. The climate in the Canaries is also special – you can swim and sunbathe year-round. Low humidity and even warm weather make it extremely comfortable to stay here at any time of the year.

Sotavento is a unique place in the south of Tenerife, located in the immediate vicinity of the Montana Roja Nature Reserve, around the picturesque Montagna Roja Mountain and Playa de La Tejita Beach, one of the island’s longest beaches. The neighborhood is located between the town of El Médano, considered one of the best places in the world for kitesurfing and windsurfing, and the golf del Golf. Sotavento is a high quality of life in proximity to nature.

Sotavento consists of several constructed low-rise residential complexes with swimming pools, green enclosed areas, underground parking. A shopping complex with shops, salons, bars and restaurants has been built. Landscaped next to it is a park with sports and playgrounds. Two new Las Terrazas complexes are currently under construction, one of which is being completed.

Real Estate in Spain, Tenerife. Apartments for sale in the built residential complex VistaRoja, with views of the ocean, pool and Teide. All apartments are sold with a built-in kitchen, equipped with a ceramic hob, extractor hood and oven, and a bathroom with the highest quality sanitary ware. The complex is notable for the high quality of construction and building materials, the interior decoration is made using natural oak for finishing doors and floors in duplexes. All apartments have terraces, and some have a garden. In addition, the price of each apartment includes a parking space in a closed garage and a utility room, which will fit literally everything from windsurf boards to a collection of wines.

The Las TerrazasII complex under construction offers apartments for sale starting at 195,000 euros. The complex attracts attention with large terraces and beautiful views.

Real estate in Spain, Tenerife. The sale of apartments is carried out by the developer. This guarantees you the minimum expenses associated with the acquisition of apartments. Future owners interested in buying a home can come and spend 7 days completely free of charge, provided that they ultimately decide to purchase one of the apartments. If a decision is not made for this trip, then you will pay the rent at the following prices: 2 people 400 € per week. After making a decision on the purchase of the apartment you like, you conclude a preliminary contract with the developer, which indicates all the main provisions of the future contract of sale, including price, terms and conditions of payment, installment plan, date of conclusion of the main contract of sale. If necessary, you will be assisted in obtaining a mortgage loan. In addition to the contract, the buyer pays a deposit of 10% of the price of the apartment. Real estate in Spain, Tenerife. Next, the Buyer must receive a NIE – identification number of a foreigner, which fits into the contract of sale. Without NIE, the sales contract cannot be registered in the state register of ownership. After the completion of construction and full payment to the developer of the cost of the apartments, the purchase and sale agreement is signed at the notary’s office and it is notarized. After the contract is certified by a Spanish notary, ownership of the property passes to the buyer, and the keys to the apartment are transferred. The notary hands the buyer a simple copy of the sales contract, Copia Simple. Then the notary office notifies the state register of ownership of the change of ownership.

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