CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -
| Area: | PLAYA DE LAS AMERICAS, TENERIFE | |||||||||||||||||||||
| Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
| Category: | C | |||||||||||||||||||||
| Population:
| Total | British | ||||||||||||||||||||
| 6700 | 1,000 | |||||||||||||||||||||
| Climate: | Hours of Sunshine Per Day in Summer | Days of Rain Per Year | Average Spring Air Temp. | Average Summer Air Temp. | Average Autumn Air Temp. | Average Winter Air Temp. | Average Water Temp. | |||||||||||||||
| 11 | 33 | 21.5 | 27 | 24 | 20 | 21 | ||||||||||||||||
| Proximity to: | Airport | Beach | Nearest City | |||||||||||||||||||
| 11 miles (Reina Sofia) | 0.25 miles | 46 miles (Santa Cruz) | ||||||||||||||||||||
| Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
| 0 | 1 | 1 | ||||||||||||||||||||
| Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
| 0 | 1 | 5 | ||||||||||||||||||||
| Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
| 2 | 1 | |||||||||||||||||||||
| Restaurants and bars: | Mostly British food and fast food. | |||||||||||||||||||||
| Sports and leisure facilities: | Water-sports- sailing. Scuba-diving courses. La Troya, Conquistador and Fatenia surfing beaches. Windsurfing at Fatenia. Skateboarding ramps. 10 pin bowling alley. Hang-gliding club. Adeje, Los Cristianos and Los Palos golf courses nearby. Casino. Octopus Aquapark with sun bathing areas, slides, tubes, pools, diving boards, dolphins shows. Many nightclubs in Veronicas area. | |||||||||||||||||||||
| Transport: | Public Transport | Roads | ||||||||||||||||||||
| Frequent bus services (run by TITSA) across island’s main roads. | Motorways from Santa Cruz. | |||||||||||||||||||||
| Crime rate: | Low | |||||||||||||||||||||
| Main types of employment | Mainly tourist and service sectors. Many foreign companies based in and around the resort. | |||||||||||||||||||||
| Future plans: | Addition of more 4 and 5 star hotels. New cinema complex. | |||||||||||||||||||||
| Yield range | 7.6% - 8.9% | |||||||||||||||||||||
| Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
| 2 bed apartment | 142,300 | 558 | 446 | 268 | 8.9% | |||||||||||||||||
| 3 bed apartment | 177875 | 670 | 536 | 321 | 8.6% | |||||||||||||||||
| 3 bed townhouse | 266813 | 893 | 714 | 429 | 7.6% | |||||||||||||||||
| Villa | 313060 | 1172 | 937 | 562 | 8.5% | |||||||||||||||||
| Demand for letting | School Holiday Peak | Peak | Off peak | |||||||||||||||||||
| High | High | High | ||||||||||||||||||||
| Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
| 8 | 4 | 4 | ||||||||||||||||||||
| Flights scheduled from: | Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Prestwick, Belfast City, Belfast International, Dublin, Guernsey, Jersey, Norwich, Leeds/Bradford | |||||||||||||||||||||
| Typical cost of flights: | School Holiday Peak | Peak | Off Peak | |||||||||||||||||||
| £154-464 | £114-344 | £86-258 | ||||||||||||||||||||
| Operators: | Monarch, Iberia, Air Europa, BA, BMI, Flyjet, Air2000, Thomas Cook, Astraeus, Britannia Airways, LTE International, My Travel, Excel Airways, Futura | |||||||||||||||||||||
| Description: | Tenerife is the largest of the Canary Islands, and Playa de las Americas is Tenerife’s largest and most developed resort, situated on the south-west coast of the island. There is lively nightlife and a variety of leisure activities. If you like lively holidays then this may be the perfect place to invest as there is plenty to do in the day, evening and early hours of the morning! One thing that is noticeable of this area in the past few years are that its going more upmarket. There seems to be a demand for better quality hotels as Tenerife is establishing itself as being one of the better islands in Spain. With this will attract a better type of holidaymaker. If you can get a property near the beach or up in the hills then you’ll have no trouble letting it out and you can afford to be fussy over who you have as tenants. Capital growth is likely due to the influx of investment in this area. The movement upwards of the area’s image is helping push up demand for properties so be quick! | |||||||||||||||||||||
| Hot Website: | http://www.eurosol.com/ | |||||||||||||||||||||
| Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| The Property Gallery | C.C. Centro Playa Local 9, Purto Colon San Eugenio Bajo, Playa de Las Americas, 38660 Adeje, Tenerife | Tel: 0034 9 22 71 99 25 Fax: 0034 9 22 71 96 16 | Not disclosed | |||||||||||||||||||
| Sunway Tenerife | Parque Cattleya 2, Playa de Las Americas, Tenerife | Tel: 0034 9 22 79 00 21 Fax: 0034 9 22 79 51 72 | Not disclosed | |||||||||||||||||||
| Tenerife Property Shop | Local 117, Puerto Colon, Playa de Las Americas, Tenerife | Tel: 0034 9 22 71 47 00 Fax: 0034 9 22 71 57 20 | Not disclosed | |||||||||||||||||||
| Urban Americas | Centro Comercial Oasis Dakota No. 18, Calle Helsinki, Fanabe, Costa Adeje, Tenerife | Tel: 0034 9 22 71 96 17 Fax: 0034 9 22 71 96 21 | Not disclosed | |||||||||||||||||||
| Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Visaverde CS S.L.
| Garden City, Playa de las Americas, Tenerife Sur, Canary Islands | tel: (+0034) 922794214 fax: (+0034) 922796171 | website: http://www.visaverde.com email: info@visaverde.com | |||||||||||||||||||
| Leisure Estates International | Fountain Court High Street Market Harborough Leicestershire LE16 7AF | 0870 870 8850 Fax: 01858 433266 | http://www.leisure-estates.co.uk/ email: sales@leisure-estates.co.uk | |||||||||||||||||||
| Eurosol | First Link CC Teide - Local 5 San Eugenio Alto Adeje 38660 Tenerife Canary Islands, Spain | Tel (0034) 922 715661 Fax (0034) 922 715953 | http://www.eurosol.com/
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| Astliz Estate Agents | P.O.Box 135 Los Gigantes 38683 Santiago del Teide S/C de Tenerife Canary Islands SPAIN | Tel 0034 922 796776 Fax 0034 922 796973 | http://www.canaryislands-internet.com/ Email - info@canarian-villas.com | |||||||||||||||||||