Area:COSTA DEL SILENCIO, TENERIFE
Investor Profile:Retirement, Worker, Holiday, Business
Category:A
Population:

 

TotalBritish
4110400
Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearAverage Spring Air Temp.Average Summer Air Temp.Average Autumn Air Temp.Average Winter Air Temp.Average

Water Temp.

113321.527242021
Proximity to:AirportBeachNearest City
3 miles (Reina Sofia)0.25 miles45 miles (Santa Cruz)
Educational facilities:No. of UniversitiesNo. of International SchoolsNo. of Private Schools
000
Health services:No. of Public HospitalsNo. of Private HospitalsNo. of Private Clinics
000
Shopping:No. of Shopping CentresNo. of Markets
00
Restaurants and bars:Many bars and restaurants. Mostly British and fast food in coastal resort areas.
Sports and leisure facilities:Both 18-hole Golf Amarillo (Tenerife’s oldest golf course) and 27-hole Golf del Sur golf courses are championship courses. Bowls club. Tennis clubs There are also residential complexes, shops, restaurants and sports clubs around each golf course. Windsurfing at El Medano- water sports village west of the resort.
Transport:Public TransportRoads
Frequent bus services (run by TITSA) to Playa de las Americas.Motorways from Santa Cruz.
Crime rate:Low
Main types of employmentMainly tourist and service sectors. Many foreign companies based in and around the resort.
Future plans:Second runway at Reina Sofia airport. New cinema complex.
Yield range13.4% - 15.8%
Type of propertyEntry PriceRent-

School Holiday Peak

Rent-

Peak

Rent-

Off Peak

Average Annual Yield
2 bed apartment101,14369955933615.8%
3 bed apartment12642983967140315.1%
3 bed townhouse189643111889553713.4%
Villa2225151468117470515.0%
Demand for lettingSchool Holiday PeakPeakOff peak
HighHighMedium
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
954
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 PeakPeakOff 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:Located on the south coast, Costa del Silencio is quieter than other resorts in Tenerife and is popular with people and families seeking a peaceful retreat. It is a purpose-built resort, has a small pebble beach and is close by the small fishing community of Las Galletas.

Its one of Tenerife’s unsung resorts but it won’t be for long!  Prices are cheaper in this area compared to the rest of Tenerife hence the yields are well above average.  The seasonal demand for property tails off in the off-peak season but demand still exists.  If you require all year round occupation then make sure your property is better than the rest so it appeals more to prospective tenants.

Its easily accessible from the UK as there are many direct flights to the local airport which is only 3 miles away.  There will be a second runway added to the airport being built to cater for the extra demand expected for this area and surrounding.  There is a shortage of homes being re-sold as people want to hold on to what they’ve got!  If you can find a property with sea views that yields 12% or greater then buy it!

Hot Website:http://www.eurosol.com/
Estate Agents:NameAddressTelWeb
 Freedom 4 Sale SpainAntigua Sala de Proyeccion, Antigua Cine de Teguise, Calle Notes 15, Teguise 35530, Lanzarote(00 34) 9 28 84 59 44

Fax: (00 34) 9 28 84 59 36

http://www.freedom4sale.com/

 

 The Prestige Property GroupNot disclosed01935 817188
Fax. 01935 817199
http://www.prestigeproperty.co.uk

Email:

sales@prestigeproperty.co.uk

 The Horizon Property Group S.L.Not disclosedManchester: 0161 476 0666

Birmingham: 01384 866000

http://www.horizonpropertygroup.com/

 

 EurosolFirst 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/

 

Letting Agents: NameAddress TelWeb
 EurosolFirst 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/

 

 Astliz Estate AgentsP.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