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: | PUERTO DE LA CRUZ, TENERIFE | |||||||||||||||||||||
| Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
| Category: | A | |||||||||||||||||||||
| Population:
| Total | British | ||||||||||||||||||||
| 27,436 | 2,000 | |||||||||||||||||||||
| 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 | |||||||||||||||||||
| 62 miles (Reina Sofia) | 0.25 miles | 24 miles (Santa Cruz) | ||||||||||||||||||||
| Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
| 0 | 1 | 3 | ||||||||||||||||||||
| Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
| 0 | 2 | 23 | ||||||||||||||||||||
| Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
| 2 | 0 | |||||||||||||||||||||
| Restaurants and bars: | International cuisine widely available. Also fast food. | |||||||||||||||||||||
| Sports and leisure facilities: | Man-made swimming pool complex with seven pools. Selection of beaches nearby. Scuba-diving courses. Surfing beach. Oratava Valley national park inland. Public sports centre with indoor swimming pool. Tennis clubs. Annual season of classical music concerts. Loro Park theme park (a Thailand styled tropical paradise) with sea-life aquarium and parrot aviaries. Risco Bello Aquatic Gardens and Casino at Taoro Park. Botanical Park at La Paz. Archaeological museum in town. | |||||||||||||||||||||
| Transport: | Public Transport | Roads | ||||||||||||||||||||
| Frequent bus services (run by TITSA) across island’s main roads. | Motorways from Santa Cruz. | |||||||||||||||||||||
| Crime rate: | Medium | |||||||||||||||||||||
| Main types of employment | Mainly tourist and service sectors. | |||||||||||||||||||||
| Future plans: | Extension of motorway. | |||||||||||||||||||||
| Yield range | 10.1% - 11.8% | |||||||||||||||||||||
| Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
| 2 bed apartment | 148000 | 769 | 615 | 369 | 11.8% | |||||||||||||||||
| 3 bed apartment | 185000 | 923 | 738 | 443 | 11.4% | |||||||||||||||||
| 3 bed townhouse | 277500 | 1230 | 984 | 591 | 10.1% | |||||||||||||||||
| Villa | 325600 | 1615 | 1292 | 775 | 11.3% | |||||||||||||||||
| 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) | |||||||||||||||||||
| 9 | 5 | 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: | Puerto de la Cruz is a cosmopolitan city and is the main tourist resort on the north coast of Tenerife. Inland from the resort the land is lush compared to the south. It is a popular place for owning holiday home. Houses in this area tend to be large with gardens and command a high price. The yields are healthy due to higher rents achievable which reflect the desirability of this resort. This area is considered to be the more affluent part of Tenerife and there are many classical concerts throughout the year to cater for this type of clientele. Its quite a journey to get here, being 62 miles from the airport, but this preserves its exclusivity. The climate is what you would expect from Tenerife being neither too hot or too cold all year round. Using your holiday home throughout the year is possible as is renting the property out. If you can stall using your home then its worth considering a long term let for 1 year or more. There is big demand for long term lets and tenants are willing to pay a premium for this thus further enhancing your yields. | |||||||||||||||||||||
| Hot Website: | http://www.eurosol.com/ | |||||||||||||||||||||
| Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Concay Immo | Edf. Iguazu, Apartado de correos 670, 38400 Puerto de la Cruz, Tenerife | Tel: 0034 9 22 37 14 52 Fax: 0034 9 22 37 21 06 | Not disclosed | |||||||||||||||||||
| 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 | |||||||||||||||||||