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Tenerife New Developments - Off Plan Studios Apartments Villas and Townhouses
Tenerife New Developments - Projects
Demand is high for Tenerife New Developments, many people enjoy buying a new property which has not been pre-owned, also new properties tend to be more fashionable in terms of their design. Many people buy new cars for the same reason.
Tenerife Off plan developments attract property investors who have perhaps already seen the advantages of making this type of investment. The idea is that the purchaser enters into an agreement to buy a completed property then pays a generous deposit and agreed stage payments through the build process.
For the purchaser, with off plan investment, the price is fixed at an early stage so there is the benefit of increased capital value during the construction stage which can be significant, perhaps as much as 20%. The Developer benefits from knowing that the property is sold and also has capital to construct the property which may otherwise have to be borrowed.
Many off plan investors make money by selling concurrently with completion, thus avoiding paying the full price for the property. The investment gains can be significant and purchase taxes can be avoided.
Choice of Tenerife Off Plan Studios Apartments Villas Townhouses
We have always been interested in marketing a good range of New Developments in Tenerife because they are popular with clients. Many new developments these days are not located centrally because the sites in the best locations have usually already been developed. However, that is not always the case because some property developers sit on land banks knowing that their profits are increasing all the time.
We have an exciting range of Tenerife apartments for sale in Chayofa, just outside of Los Cristianos, Las Americas, Las Chafiras, Tejita beach, Playa San Juan.
We also have townhouses in Adeje, Chayofa and at Tejita beach. Villas are a little more rare but we do have some available in Costa Adeje.
Please consult with us to let us know your requirements and we will update you with the latest price and availability for current developments.
As leading Tenerife Estate Agents, we can help you find the ideal property.
