Anchored in history, natural beauty, and luxury, Southwest Tenerife offers a lifestyle without parallel. Located in the province of Santa Cruz de Tenerife, this coastal paradise contains natural wonders and historical architectural treasures. It boasts an enviable location, close to major transport routes and key cities. With its mild climate and stunning landscapes, it is the perfect place to live and enjoy luxury.
Luxury Real Estate Market in Southwest Tenerife
The market for exclusive properties in Southwest Tenerife remains stable and strong, thanks to the growing interest of luxury buyers. Preferred areas among these include San Miguel de Abona and Santiago del Teide zones.
The demand for luxury homes and apartments exceeds the supply, putting the buyer in a privileged situation. However, new properties are emerging to meet these needs.
Financial Aspects of Purchasing Luxury Properties
When buying a property in Southwest Tenerife, certain additional costs need to be considered. These include a transfer tax, notary fees, construction inspections, and potential legal costs. The average real estate commission for buyers and sellers is around 5%.
Affordability of Luxury Properties in Southwest Tenerife
The general mortgage requirements to buy a house in Southwest Tenerife range from 60% to 80% of the selling price. It is important to remember that these percentages vary depending on the lender and the type of property.
Location and Accessibility
Southwest Tenerife has excellent connectivity, both by road and railway. It is a short distance from the city of Santa Cruz de Tenerife and the nearest national and international airports.
Culture and Entertainment in Southwest Tenerife
There is a wide variety of recreational activities in Southwest Tenerife, from water sports to excursions and hiking. Shopping lovers will enjoy the luxury shops, while nightlife lovers will have a wide range of high-quality restaurants, exclusive nightlife, and elegant casinos.
Facilities and Services
There are a number of renowned institutions, including schools and universities, near Southwest Tenerife. Health services are excellent, with several hospitals and clinics in the vicinity. Additionally, the public infrastructure and availabilities of services in Southwest Tenerife are of high quality and continuously developing.
In summary, Southwest Tenerife offers a luxury lifestyle in an impressive and stable environment, with a wide range of activities and services at your disposal.
English 
Dutch 
German 
Spanish 
French 
Arabic 
Chinese