Alan Nicholsons Guide to Property in Tenerife
 Alan
Nicholson is the director of Tenerife estate agent Clear Blue Skies
SL. Here he offers his vast knowledge and experience of buying and selling
property in Tenerife and gives
frank and candid advice for anyone interested in buying Tenerife property.
Question
1 - What are the main
differences in transacting property in Tenerife compared to the UK?
Question
2 - My friend has told
me that you do not need a lawyer to transact property here in Tenerife,
what do you think?
Question
3 - I prefer not to use an Estate
Agent, is it absolutely necessary to use one in Tenerife?
Question
4 - I have heard buying
pre-construction is a good way to buy property in Tenerife. How does
that work?
Question
5 - In the UK house prices have
been static recently yet prices of property in Tenerife seem to continue
to show steady growth? Why is that?
Question
6 - Do you have any advice on how
to make a property in Tenerife more sellable?
Question
7 - I have been told to
set aside 10% for costs above my purchase price. This seems an awful
lot, is this correct?
Question
8 - We have heard that mortgages in
Tenerife are cheaper than in the UK. Is that correct, and what do we
need to apply for one?
Question
9- My wife and I recently bought
a property here in Tenerife. We both have wills in the UK, do we need
another one here?
Question
10 - We have been told that
to complete the sale of our Tenerife property we need to go to the Public
Notary’s office. Who is he, and how does this work?
Question
11 - I am buying a new property
from the developer, and the Estate Agent has suggested I take over the
mortgage of the builder – is this normal?
Question
12 - There seems to be a lot of
Estate Agents in Tenerife, how do I know which one to use?
Question
13 - I understand that
under declaring the true value on title deeds is a common practice when
buying property in Tenerife, is this correct and is it in my interest
to do this?
See
Property for sale in Tenerife from Alans company Clear Blue Skies
SL.
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