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Benefits of an Exclusive Listing with The Property Gallery
09 09 - 2024
When selling a property, one of the key decisions you will face is whether to enter into an exclusive listing agreement with a real estate agency. At The Property Gallery, we understand that this decision can sometimes feel overwhelming, but we’re here to help you make the best choice for your property’s sale.In this article, we’ll explain what it means to list your property exclusively with The Property Gallery, why it could be a game-changer for your sale, and address some common concerns you may have.What is an Exclusive Listing?An exclusive listing means that you, as the seller, agree to work solely with one real estate agency for the duration of the contract. This agency becomes responsible for managing every aspect of your property’s sale—from marketing to negotiations, and from...
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Investing in Real Estate in the Canary Islands: New Developments vs. Resale Properties
02 09 - 2024
The Canary Islands, a renowned destination for both tourists and property buyers, offer exceptional opportunities for real estate investment. With their year-round subtropical climate, stunning landscapes, and a thriving rental market, these islands are increasingly popular for those seeking a second home or investment in off plan properties for sale. Whether considering a new developmentor a resale property, understanding the distinct advantages of each option is crucial for making a smart investment decision.In this guide, we’ll explore the unique benefits of investing in Canary Islands real estate, focusing on key aspects such as tax incentives, rental income potential, and the best locations for finding your ideal Tenerife property for sale or properties across the...
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The Biggest Euribor Drop Since 2013. What It Means for Mortgage Holders in Spain
30 08 - 2024
The recent historic drop in the Euribor has brought significant relief to mortgage holders across Spain. For the first time since 2013, the Euribor has experienced its most substantial decline, providing homeowners with potential annual savings of over €1,000. With five consecutive months of reductions, the August figures represent the most meaningful decrease yet, marking a critical turning point for both current and prospective mortgage holders.In this article, we explore the implications of this Euribor decline, its effects on mortgage payments, and how it benefits property buyers, especially those interested in purchasing property in Tenerife.How the Euribor Drop Affects Mortgage PaymentsThe Euribor is a benchmark interest rate used for the majority of variable-rate mortgages in...
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Comprehensive Guide to Golden Visa in Spain for 2024 - Last Chance!
28 08 - 2024
The Golden Visa program in Spain presents a strategic opportunity for non-EU citizens to secure residency through investment in real estate and financial assets. This guide delves into the core details of acquiring a Golden Visa in Spain for 2024, equipping you with all the essential information to make informed investment decisions and navigate the complexities of the visa application process.Understanding the Golden Visa in SpainSpain’s Golden Visa program, established by the 14/2013 Act on International Mobility, offers residency to non-EU nationals through substantial financial investments. The program was designed to attract international capital, boost the economy, and enhance the country’s global standing. While the Golden Visa does not directly grant citizenship, it...
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Legal Consideration For Rental Properties In Tenerife
21 08 - 2024
Legal Considerations for Rental Properties in Tenerife - Owning and renting out property in Tenerife offers a potentially lucrative investment opportunity, but it comes with a series of legal obligations and requirements. Compliance with these local regulations is not only essential to avoid potential fines and legal disputes but also ensures that your investment runs smoothly. Below, we cover the most important legal considerations that any landlord or property owner should keep in mind when renting out properties on the island, particularly those aimed at short-term holidaymakers or long-term tenants.Tourist Rental Licences in TenerifeOne of the primary legal requirements for those looking to rent their property to tourists in Tenerife is securing a tourist rental licence,...
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Discover Abama, Tenerife: A Blend of Luxury, Adventure, and Tranquility
24 05 - 2024
If you’ve been dreaming of a paradise that offers a blend of luxury, adventure, and tranquility, look no further than Abama, Tenerife. Nestled in the Canary Islands, Abama is a hidden gem waiting to be explored. Let’s dive into what makes this destination so captivating.The Beauty of Abama, TenerifeGeographical MarvelAbama is situated on the southwestern coast of Tenerife, one of Spain's Canary Islands. This region boasts stunning landscapes, from rugged cliffs to lush greenery. The views of the Atlantic Ocean are nothing short of breathtaking, making it a perfect spot for nature lovers and photographers alike.Climate and WeatherTenerife is known as the "Island of Eternal Spring" for a reason. Abama enjoys a pleasant climate year-round, with mild winters and warm summers. This...
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Discovering the Vibrant Essence of Playa de las Américas
22 03 - 2024
Welcome to Playa de las Américas, where the sun-drenched shores meet the lively spirit of the Canary Islands. Nestled on the southern coast of Tenerife, this vibrant resort town beckons travelers from around the globe with its enticing blend of natural beauty, exhilarating nightlife, and an array of thrilling activities. Join us as we delve into the essence of this captivating destination, uncovering its hidden gems and must-see attractions.A Coastal Oasis AwaitsPlaya de las Américas boasts a stunning coastline that stretches along the Atlantic Ocean, offering visitors a picturesque backdrop for their holiday adventures. Whether you're seeking a relaxing day under...
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Factors that Determine Property Value in Tenerife
13 03 - 2024
The Property Gallery Home PageFactors that Determine Property Value in TenerifeBuying or selling a property in Tenerife, the largest of Spain's Canary Islands, can be both an exciting and challenging endeavor. Whether you're searching for a new investment opportunity or looking to sell your property, understanding the factors that influence property market value is crucial. Here, we dive into the key determinants that shape the real estate market in Tenerife, providing valuable insights for buyers and sellers alike.Location: It's often said that location is paramount in real estate, and Tenerife is no exception. Properties for sale situated in prime locations, such as beachfront areas or popular resorts, typically command higher prices due to their proximity to amenities, attractions,...
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CARNIVAL SANTA CRUZ DE TENERIFE - Experiencing the Vibrant Splendour of the Carnival of Santa Cruz de Tenerife
13 02 - 2024
As February rolls around each year, the lively streets of Santa Cruz de Tenerife, the capital of the picturesque Canary Islands, become infused with an electrifying energy. It's time for the world-renowned Carnival of Santa Cruz de Tenerife, a celebration that rivals even the grandeur of Rio de Janeiro's carnival. With its colorful parades, elaborate costumes, and infectious music, this carnival is a feast for the senses, drawing in people from all corners of the globe.Originating in the late 15th century, the Santa Cruz de Tenerife Carnival has evolved into a spectacular extravaganza, blending traditional Spanish festivities with influences from Latin American...
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Los Cristianos, Tenerife: A Gem of the Canary Islands
12 02 - 2024
Nestled along the sun-kissed shores of Tenerife, the largest of Spain's Canary Islands, lies the charming coastal town of Los Cristianos. With its picturesque beaches, vibrant atmosphere, and a rich blend of culture, Los Cristianos beckons travelers seeking a perfect blend of relaxation and adventure.Discovering Los Cristianos: Los Cristianos boasts a fascinating history, once a humble fishing village, it has transformed into a bustling resort town while still retaining its authentic charm. Visitors are greeted by its iconic harbor, where fishing boats sway gently alongside modern yachts. Stroll along the promenade, lined with palm trees and dotted with cafes and bars, offering panoramic views of the azure Atlantic Ocean.Unwinding on the Beaches: One of the highlights of Los Cristianos...
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Costa Adeje: Where Luxury Meets Natural Beauty
09 02 - 2024
Costa Adeje, a coastal part of the town and municipality in the southwestern region of the captivating island of Tenerife, is a jewel in the crown of the Canary Islands. Part of the province of Adeje, Santa Cruz de Tenerife, Spain, this area is steeped in history and boasts a rich cultural heritage.The story of Costa Adeje traces back centuries, with notable landmarks such as the Bahai del Duque, constructed in 1993, and the Casa del Duque, which dates back to the 1930s when it was built by the Duke of Abrantes. Casa Fuerte, erected in 1553, stands as a testament to the area's enduring legacy. It was Rafael Puig Lluvina who breathed life into Costa Adeje in 1966, transforming it into the vibrant holiday destination it is today.Costa Adeje is not merely about luxurious resorts and...
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Best Beaches in Costa Adeje, Tenerife: Where Sun, Sand, and Real Estate Meet!
02 08 - 2023
Welcome to the stunning paradise of Costa Adeje, located on the southwestern coast of Tenerife, Spain. This charming destination boasts a myriad of captivating beaches, picturesque coastal landscapes, and a flourishing real estate market. In this blog, we will take you on a journey through the top beaches of Costa Adeje while touching on the exciting opportunities in the local Tenerife properties for sale market.Playa del Duque: Exquisite Elegance by the SeaOur first stop is Playa del Duque, a luxurious beach that epitomizes elegance and sophistication. With its golden sand and crystal-clear waters, it has become one of the most sought-after destinations in Costa Adeje. Not only is Playa del Duque a feast for the senses, but it also offers prime real estate opportunities for those...
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