RENTING

Tenerife Island Rentals can find the right rental property for you in Tenerife.

We have helped many people to find their ideal home in the areas they desire, with the local amenities that are important to them.

Understanding our client´s needs is paramount, as we all know, moving house is stressful and relocating to another country can be even worse, but it does not have to be.

We have a dedicated team that are happy to have a full consultation with you, this can be by telephone, face to face or if you currently live in Tenerife looking for alternative accommodation.

Our website has comprehensive listings including photo´s, sizes and detailed descriptions of our properties.  We endeavour to provide all information and advise you what you can expect from different areas, complexes and municipalities across the island.  Understanding your needs and finding the right property for you is our commitment once you ask for our service.

When securing a property to rent our services include drawing up your rental contract which you receive in English and Spanish, inventory by way of photo´s saved to a DVD disc and  our in house maintenance team available so that you can report anything that requires urgent attention.

If you have any questions or enquiries please do not hesitate to contact us, we are happy to assist you in your search and totally committed to our clients.

 

SALES

Tenerife Island Rentals and Buy Tenerife is a well-established agency based in the south of Tenerife. We listen to our customers concerns and expectations and our dedicated team is able to assist with all your property needs.

Once you have taken the decision to sell you property, one of our experienced agents will visit you at your property and offer you free marketing advice.  During this visit our agent will take photographs of your property to upload on our website and to publish in the local newspapers and property guides, offering maximum exposure in different media outlets. Our agent will also discuss the terms and conditions for selling your property.

We will discuss with you the best options for selling your property and provide you with support and information throughout the sale.

You will receive feedback from our agents after any visits and you will be kept you updated at all stages throughout the sale.

We will also send details of your property to interested buyers on our existing database.

Once a sale has been agreed we will be able to assist you with all aspects of the sale including the recommendation of lawyers specialising in property sales.

 

BUYING A PROPERTY

Our dedicated team is here to help you find your ideal property and be there to guide you every step of the way.

Reservation Contract

Once you have chosen the property you wish to purchase the first stage is to sign the Reservation Contract, this simply states the terms and conditions and would include:

• Property Address
• Full details of the buyer and vendor
• Purchase price
• Date to sign private purchase contract
• Deposit details

Should you use a Lawyer?

It is strongly recommended that you choose a lawyer who is specialised in Spanish land law but it is not mandatory.  We can recommend lawyers who can deal with all the legal aspects.

Deposit and Private Purchase Agreement

A 5000 euro deposit is required to secure the property whilst your lawyer conducts the due diligence, this is fully refunded if in the event your lawyer discovers any legal anomaly to the said property.   When the lawyer has completed the due diligence and you are happy to proceed then deposit will go towards the 10% of the purchase price and the private purchase agreement will be prepared and signed.  This is a legal document and will contain:

• The full details, size and address of the property
• Referencia Catastral number (legal registration number of the property)
• Details of the buyer and vendor
• The agreed terms and conditions
• Completion date

Buying costs

A number of taxes, notary and legal fees are charged when purchasing a property and the cost varies but they are approximately 10% of the purchase price.

Please contact us directly for any further assistance on buying a property.

 

RENT TO BUY

This concept has become more popular over the past few years and is a great option if you are unable to purchase a home at the moment due to not having enough money saved up for a deposit.

How does it work?

Normally with a rent to buy, an agreed purchase price of the property is agreed then there is 10% deposit of the purchase price paid (this is non refundable),  contracts are signed and usually it is agreed to rent for a maximum of 12-24 months after which you would have to have the funds of the balance in place.

You can search for available rent to buy properties on our website.