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Expedia Property SL - Tenerife Estate Agents - Repossession Properties

Tenerife Repossessions with no added commission - Bank Repossession & Distressed Property Sales

Find a Tenerife Repossession Property

Buying a Tenerife Bank Repossession property now, could not be easier, we are marketing a selection of hand picked bank repossessions, mostly in the coastal areas of Tenerife. We are now working with most of the major Financial Institutions who are selling properties on the Island.

In most cases we do not add commission to the bank price, please ask, it depends on the bank. We may make a charge for Administration Services, it depends on the work required post completion, connection of services, registration, etc. We will keep you fully informed at all times.

Please scroll down to read our Guidance Notes regarding Tenerife repossession properties.

The best bank repossession properties get sold very quickly so we must say this website is not always up to date. The properties you see below may still be for sale but do not assume they are, this is a busy market.  We therefore encourage you to let us know what you are looking for, then we can contact you and advise you when a suitable property comes to the market.

Another point to bear in mind is that sometimes the more desirable properties get sold within a few days you you need to be in a position to view quickly, otherwise you may be dissapointed.

This is a selection of what we consider to be the most appealing bank repossession properties, search here to see all the repossession listings or use our search facility for your specific requirement. Please note we have a specific "Repossessions" Category.

These are real examples of current BMV properties for sale in Tenerife, we do have a choice of properties in some areas so contact us if you are looking and we will put forward all available options for you.

Brand New Properties with Multiple choice

Fanabe

Mirdor del Duque 3 Bed Townhouses for sale

Mirador del Duque
  3 Bed Townhouses
From €168,000

View Details

Parque de la Reina

Aneto III 2 Bed Apartments for sale

Aneto III
  2 Bed Apartments
From €84,000

View Details

Parque de la Reina

Aneto III 3 Bed Apartments for sale

Aneto III
  3 Bed Apartments
From €93000

View Details

Palm Mar

San Remo Palm Mar various Apartments for sale

San Remo
  Various Apartments
From €81,600

View Details

Golf del Sur

Aguamarina 2 Bed Apartments for sale

Aguamarina
  2 Bed Apartments
From €94,500

View Details

Playa Paraiso

El Horno 1 Bed Apartments for sale

El Horno
  1 Bed Apartments
From €87,000

View Details

Playa Paraiso

El Horno 2 Bed Apartments for sale

El Horno
  2 Bed Apartments
From €124,490

View Details

Playa Paraiso

Paraiso II 3 Bed Apartments for sale

Paraiso II
  2/3 Bed Apartments
From €124,276

View Details

Resale Properties

Chayofa

3 Bed Apartment for sale Tigaday Chayofa

Tigaday
  3 Bed Apartment
€141,600

View Details

La Camella

La Camella 2 Bed Repossessed Apartment for sale

Residential Block
  2 Bed Apartment
€70,000

View Details

Buzanada

Buzanada 2 Bed Apartment for sale

Residential Block
  2 Bed Apartment
€55,900

View Details

Chayofa

Tigaday Chayofa 3 Bed Repossessed Apartment for sale

Tigaday
3 Bed Apartment
€141,600

View Details

Los Gigantes

Repossessed 1 Bed apartment for sale in Los Gigantes

Residential Block
  1 Bed Apartment
€51,232

View Details

Los Abrigos

1 Bed Apartment for sale in Los Abrigos

Close to Seafront
  1 Bed Apartment
€33,250

View Details

Torviscas Alto

Sunset Torviscas 2 Bed Apartment for sale

Sunset
  2 Bed Apartment
€143,700

View Details

Costa del Silencio

1 Bed Repossessed Apartment for sale in Csota del Silencio

Residential Block
  1 Bed Apartment
€31,200

View Details

Tejina de Isora

Tejina de Isora 4 Bed Repossession Townhouse for sale

Quiet Village
  4 Bed Townhouse
€122,600

View Details

Adeje

Adeje Town 2 Bed Repossessed Apartment for sale

Town Centre
  2 Bed Apartment
€63,900

View Details

Chayofa

1 Bed Apartment for sale in Chayofa

Apart Hotel
  1 Bed Apartment
€91,100

View Details

Valle San Lorenzo

2 Bed Repossessed Penthouse Apartment for sale Valle San Lorenzo

Large Village
  2 Bed Penthouse
€88,300

View Details

Valle San Lorenzo

Valle San Lorenzo 3 Bed Repossession Apartment for sale

Residential Block
  3 Bed Apartment
€87,000

View Details

Playa Paraiso

Playa Paraiso 1 &2 Bed Repossessed Apartments for sale

Coastal Village
  1 &2 Bed Apartments
From €40,625

View Details

Cabo Blanco

Cabo Blanco Residential Blocl 1 Bed Repossessed Apartment for sale

Residential Block
  1 Bed Apartment
€46,000

View Details

Torviscas Alto

Atalaya Court 1 Bed Repossessed Apartment for sale

Atalaya Court
1 Bed Apartment
€63,750

View Details

Los Abrigos

Los Abrigos 1 Bed Repossession Apartment for sale

Residential Block
  1 Bed Apartment
€39,200

View Details

Los Abrigos

Los Abrigos 2 Bed Repossessed Apartment for sale

Residential Block
  2 Bed Apartment
€70,500

View Details

Puerto Santiago

Edificio Sunset Repossession Apartment for sale in Puerto Santiago

Ed. Sunset
  1 Bed Apartment
€64,559

View Details

Playa San Juan

Isla de Lanzarote 2 Bed Repossessed Apartment for sale

Isla de Lanzarote
  2 Bed Apartment
€70,000

View Details

San Miguel

San Miguel 3 Bed Repossessed Apartment for sale

Semi Rural Area
3 Bed Apartment
€110,300

View Details

Alcala

Ed. Tosca Alcala 2 Bed Repossessed Apartment for sale

Ed. Tosca
  2 Bed Apartment
€74,200

View Details

Playa Paraiso

Club Paraiso 1 Bed Repossessed Apartment for sale

Club Paraiso
1 Bed Apartment
€45,110

View Details

Piedra Hincada

Piedra Hincada 4 Bed Repossessed Townhouse for sale

Residential Area
  4 Bed Townhouse
€106,000

View Details

Guidance Notes

The prices on this website are the lowest offered by the bank, often the bank will run special offers and then increase the price back to what it was before the special offer expired. Due to time lag we sometimes leave the price as it was but that means we cannot guarantee a property can be purchased at our published price, so check with us and we will advise you.

We do not recommend that you consider buying any of these Bank repossessions without viewing them first.

100% mortgages may be available on some properties, subject to status. However non residents will rarely be offered more than 50% loan to value or price.

In order to purchase a property you will need to have available 10% of value to cover Purchase Taxes, Notary Fees and Registration of the property.

Finding quality Tenerife Bank repossessed property is not easy, many of the properties which find their way onto the market via the banks are substandard and in some cases, they have been neglected or have even suffered damage. We try to market the ones in popular areas which have the best investment potential.

We do apologise in advance regarding the lack of information regarding some of the Bank repossession property on this website. The information we get is what they send us, if we have inspected a property we will more than likely display the level of information you would expect to see. We do not have time to inspect all these properties and please bear in mind they are getting sold quickly. We will try and answer your queries if you are seriously interested in a property.

All you need to do is tell us which properties you wish to see and when. We will then arrange viewings for you to inspect the properties.

Most properties are offered at prices well below market value, often all they want to do is off load a defaulted mortgage as quickly as possible. You will not find the properties we have for sale cheaper anywhere else.

We do not guarantee the accuracy of information supplied by third parties in connection with bank repossession property on this website.

Buying a Tenerife Bargain Property for investment

We do also have Tenerife bargain property which is not being offered through the financial institutions, property owners sometimes have to sell properties in distressed circumstances and many of those properties are being offered below market value.

If you are buying a property for investment remember that there is a wide range of cheap property available outside of that being offered by the Financial Institutions. You will find that most of the repossession properties are apartments, villas are much rarer. You can search our website specifically for Tenerife Bargain Property.

If you need investment advice we are pleased offer our help but please do some research first and ask specific questions. We are not investment advisers but we do have a sound knowledge of the current Tenerife property market. We are more than happy to offer you the benefit of our experience.

At the moment most people are looking to buy holiday studios because they provide the best rental return but you need to check that a property is on a complex which has a Touristic Letting Licence. Those complexes tend to have higher community fees so be careful to check the numbers before you buy.

Other Resources

Real Estate agents
Worldwide real estate companies directory and property buyers and sellers guide.

Real Estate Directory - An online resources of real estate brokers, mortgage lender, inspection service and more.

RealestateJump.com - Real Estate Directory and information on the web.

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