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: | LOS GIGANTES, TENERIFE | |||||||||||||||||||||
| Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
| Category: | C | |||||||||||||||||||||
| Population:
| Total | British | ||||||||||||||||||||
| 2400 | 300 | |||||||||||||||||||||
| 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 | |||||||||||||||||||
| 35 miles (Reina Sofia) | 0.25 miles | 60 miles (Santa Cruz) | ||||||||||||||||||||
| Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
| 0 | 0 | 0 | ||||||||||||||||||||
| Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
| 0 | 0 | 1 | ||||||||||||||||||||
| Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||
| Restaurants and bars: | Mostly British food and fast food. | |||||||||||||||||||||
| Sports and leisure facilities: | Fishing port and marina. Scuba-diving courses. Playa de la Arena beach. Tennis clubs. Hiking tours. | |||||||||||||||||||||
| 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. | |||||||||||||||||||||
| Future plans: | None. | |||||||||||||||||||||
| Yield range | 4.9% - 5.7% | |||||||||||||||||||||
| Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
| 2 bed apartment | 180000 | 452 | 362 | 217 | 5.7% | |||||||||||||||||
| 3 bed apartment | 225000 | 542 | 434 | 260 | 5.5% | |||||||||||||||||
| 3 bed townhouse | 337500 | 723 | 579 | 347 | 4.9% | |||||||||||||||||
| Villa | 396000 | 949 | 759 | 456 | 5.5% | |||||||||||||||||
| Demand for letting | School Holiday Peak | Peak | Off peak | |||||||||||||||||||
| High | High | Medium | ||||||||||||||||||||
| Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
| 6 | 3 | 3 | ||||||||||||||||||||
| 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: | This resort is located on the west coast, set within a rugged coastline consisting of steep cliffs. Considered to be clean, tranquil and very picturesque. However may be unsuitable for some older people as land is often steep and uneven. Inland is lush compared to the south. It’s a popular place with foreign homebuyers which has pushed the property prices beyond some people’s reach. Owners have seen their investment rise steeply over the past 3 years and I reckon it will continue even though the prices are high. Yields are not the most exciting but if you can break even then you have done well. You are more than compensated by the growth prospects and the fact that you have a superior holiday home compared to other areas in the island. | |||||||||||||||||||||
| Hot Website: | http://www.eurosol.com/ | |||||||||||||||||||||
| Estate Agents: | Name | Address | Telt | Web | ||||||||||||||||||
| Freedom 4 Sale Spain | Antigua 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/
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| The Horizon Property Group S.L. | Not disclosed | Manchester: 0161 476 0666 Birmingham: 01384 866000 | http://www.horizonpropertygroup.com/
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| 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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| Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| 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 | |||||||||||||||||||