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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.

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 some with Multiple choice

Fanabe

Mirdor del Duque 3 Bed Townhouses for sale

Mirador del Duque
  3 Bed Townhouses
From €168,000

View Details

Palm Mar

Los Balandros 1 Bed Apartments for sale

Los Balandros
  1 Bed Apartments
From €84,000

View Details

Playa Paraiso

El Horno 1 Bed Apartments for sale

El Horno
  1 Bed Apartments
From €87,000

View Details

Playa Paraiso

Paraiso II 3 Bed Apartments for sale

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

View Details

Parque de la Reina

Anetto III 2 Bed Apartments for sale

Anetto III
  2 Bed Apartments
From €84,000

View Details

San Miguel

San Miguel 3 Bed Townhouses for sale

Quiet Area
  3 Bed Townhouses
€118,680

View Details

Golf del Sur

Aguamarina 1 Bed Penthouse Apartment for sale

Aguamarina
  1 Bed Penthouse
€180,000

View Details

Resale Properties

Chayofa

Pueblo Estafania Chayofa Apartment for sale

Pueblo Estefania
  Apartment
€39,000

View Details

Golf del Sur

El Guincho Golf del Sur 1 Bed Apartment for sale

El Guincho
  1 Bed Apartment
€60,300

View Details

Los Cristianos

Colina II Los Cristianos 1 Bed Apartment for sale

Colina II
  1 Bed Apartment
€76,100

View Details

Golf del Sur

Ocean Golf Golf del Sur 1 Bed Apartment for sale

Ocean Golf
  1 Bed Apartment
€87,470

View Details

San Miguel

San Miguel 3 Bed Apartment for sale

Rural Area
  3 Bed Apartment
€149,700

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 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.

Expedia Property SL : Sur y Sol 28 : Avenida Londres : Los Cristianos : Arona : 38650 : Tenerife
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