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Real Estate in South Tenerife
Discover how to invest in Tenerife
If you’re thinking of moving to Tenerife or want to discover the best property opportunities, this guide is the tool you need.
A complete and up-to-date 2025 guide, written with first-hand experience on the ground, designed to give you clear answers and a realistic view of life and the property market in Tenerife. Not just theory, but practical tools you can put to use straight away in your projects.
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Welcome to our multi-service real estate agency in South Tenerife! We are comprised of a team of dynamic and motivated experts with extensive experience in the real estate sector. We operate in Tenerife and throughout the Canary Islands and speak multiple languages, including Spanish, Italian, English, and French, allowing us to provide personalized service to our international clients. Additionally, we have expert interpreters for other languages.
At our agency, we strive to provide quality service tailored to the needs of our clients. Whether you are looking to buy, sell, or rent a property in Tenerife or any other island in the Canary Archipelago, our team is here to assist you.
We offer a wide range of real estate services, from property management and property valuation to real estate investment advisory. We make sure to stay updated on the latest trends and developments in the real estate market to provide exceptional services and ensure customer satisfaction.
If your're looking for a real estate agency in Tenerife that offers quality services and personalized attention, look no further. Contacts us today for more information and start turning your real estate dreams into reality in the Canary Islands!
Frequently Asked Questions
Is it a good time to invest in property in South Tenerife?
Yes, it is an excellent time to invest in South Tenerife. International demand continues to rise, prices remain stable, and the profitability of holiday and seasonal rentals is very attractive. At Borza Real Estate, we accompany our clients throughout the entire investment process, from finding the ideal property to complete management of rental or resale, including legal, fiscal, and tourist license (VV) advice.
I am a foreigner and want to buy in South Tenerife, what do I need (NIE, notary, bank)?
You need an NIE, a Spanish bank account, and to book an appointment with a notary and a management agency (gestoría). At Borza, we guide you through the entire process, coordinate translations, and work with banks that are familiar with non-resident profiles.
What taxes and expenses do I have when buying in the Canary Islands?
When purchasing a property in the Canary Islands, the main expenses and taxes are: Property Transfer Tax (ITP): 6.5% if it is a second-hand property. IGIC (7%) if it is a new property from the developer. Notary, Registry, and Management Agency (Gestoría): approx. 2% of the price. We help you calculate the total expenses before buying, prepare a detailed estimate with all the taxes, and accompany you every step of the way until the deed is signed.
What areas of South Tenerife do you recommend for living all year round?
The most recommended areas for living all year round in South Tenerife are: Los Cristianos – central, with all services and local atmosphere. El Palm-Mar – quiet, residential, and close to the sea. Costa Adeje – areas like El Madroñal or Fañabé, ideal for families. La Caleta – exclusive, with restaurants and ocean views. Golf del Sur / Amarilla Golf – a more relaxed environment, with a golf course and easy access to the airport. El Médano - for sports and wind. We advise you according to your lifestyle and budget, helping you find the ideal area and the most suitable type of home for year-round living.
I want a property for holiday rental in South Tenerife, is it viable?
Yes, it is totally viable to invest in a property for holiday rental in South Tenerife, one of the areas with the highest tourist occupancy in Europe throughout the year. It is only necessary for the property to be in a complex that allows "holiday dwelling (VV)" and complies with the requirements of the Government of the Canary Islands. We help you choose properties with a VV license or the possibility of obtaining one, manage the registration, decoration, photographs, and complete rental management through Borza Holidays, and we also provide you with a study of occupancy and price per night according to the season so you know the real profitability before investing.
I am looking for an apartment with sea views and a terrace, what options are there in Costa Adeje and Los Cristianos?
We filter by orientation, height, real views (not partial), and terrace size. We send you a shortlist with a video, floor plan, distance to beach/services, plus a recent closing price range in the area.
What is the average rental profitability in South Tenerife?
It varies by location and use (residential vs. holiday). We prepare a proforma with income, expenses, and conservative/base/high scenarios, including seasonality and management fees, so you can make a decision based on data.
How can I buy remotely if I don't live in the Canary Islands?
Buying remotely in the Canary Islands is completely possible and safe. We offer a complete service for clients who do not reside on the islands: We conduct virtual tours via video call. We manage all documentation remotely (NIE, bank account, notarial powers of attorney). We coordinate the notarial signature in person or by power of attorney. We supervise every phase until the handover of keys and registration of utilities. Furthermore, we send you reports on profitability, occupancy, and costs if you buy as an investment.
Do you accept cryptocurrencies or international financing?
We can study operations with conversion to euros and we work with entities that finance non-residents. We confirm LTV and requirements according to your case and the type of asset.
I want to sell my property in South Tenerife, how is it valued and how long does it take to sell?
At Borza Real Estate, we carry out a professional and free comparative valuation based on the micro-zone, the condition of the property, and current demand, to define a realistic and competitive pricing strategy. We design a tailored marketing plan that includes a video-tour, professional photographic report, advertisements on national and international portals, and dissemination on social media, in addition to access to our base of active buyers in South Tenerife. The sales period depends on the match between price and product, but thanks to our methodology, most properties are sold within 1 to 3 months.
What is the buying process like and how long does it take in South Tenerife?
The buying process in South Tenerife is agile and safe if good management is in place. At Borza Real Estate, we guide you through every step: Selection of the property according to your goals and budget. Reservation with a contract and deposit to remove the property from the market. Obtaining the NIE and opening a bank account (if you do not reside in Spain). Legal review and preparation of the sale with the notary and lawyer. Signing of the deed and handover of keys. The complete process usually takes between 4 and 8 weeks, depending on the documentation and financing. Furthermore, we provide you with a personalized timeline of deadlines and take care of coordinating the notary, translations, and after-sales procedures.
What fixed costs will I have after buying a property in the Canary Islands?
After buying a property in the Canary Islands, you will have some fixed maintenance costs, which vary depending on the type of property and the area. They normally include community fees, which cover services such as the pool, elevator, cleaning, or security, the IBI (Real Estate Tax) which is paid once a year, the municipal rubbish rate, utility supplies for water, electricity, and internet, and home insurance, which is always recommended. At Borza Real Estate, we help you anticipate all these expenses before the purchase, and if you wish, we manage the utility registrations, contact with the community, and general maintenance of the property for you, so you don't have to worry about anything.
Can I get a mortgage if I am a non-resident? What percentage is financed?
es, it is possible to get a mortgage in Spain as a non-resident, and more and more banks are offering favorable conditions for international buyers in South Tenerife. At Borza Real Estate, we work with Spanish and international banking entities that normally finance up to 60 – 70% of the appraisal value, depending on the client's profile and country of residence. We help you throughout the entire process: document preparation, opening a bank account, NIE management, and coordination with the financial institution, so you can obtain the best available financing.
What is better: new build or second-hand in South Tenerife?
In our analysis at Borza Real Estate, we emphasize that the choice between a new build or second-hand property in South Tenerife depends heavily on your objective, budget, and timeframe. Some key points: New build offers greater energy efficiency, modern finishes, less need for maintenance, and developer guarantees. It also has potential for medium-to-long-term appreciation, especially in high-demand areas. On the other hand, in the Canary Islands, it is being observed that new builds can sometimes cost less than used housing, which presents a good opportunity. Conversely, second-hand properties usually have better locations, a greater supply, and can allow for entry with a lower initial investment. If your goal is immediate profitability (e.g., holiday rental), a well-located used property with a holiday license may give you faster access to the market. At Borza Real Estate, we help you compare both options according to area, property condition, estimated price per night, ease of making a profit, and expected capital gain.
What legal documentation does Borza review before recommending a purchase?
At Borza Real Estate, we carry out a complete legal review before recommending any purchase, to guarantee legal security and transparency throughout the operation. Our team reviews: Simple Registry Note (Nota simple registral), to confirm ownership and absence of encumbrances. Community Certificate, to verify that there are no debts. Latest receipts for IBI, rubbish, and utilities. Urban planning situation and holiday dwelling (VV) license, if applicable. Deed of sale and cadastral-registry coincidence. Furthermore, we provide you with a complete legal report before signing the reservation or the deed. Our goal is for you to buy with complete security and professional backing.