What is the property market like in Tenerife?

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This topic contains 1 reply, has 2 voices, and was last updated by Profile photo of DrRobert DrRobert 7 years, 9 months ago.

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  • #54802
    Profile photo of Anonymous
    Anonymous
    Participant

    I have neighbours who are going to Tenerife to sell “real estate”.

    I am worried that the situation there would not be much different to the situation here, near Malaga.

    Does anyone know what the market is like in Tenerife?

  • #90665
    Profile photo of DrRobert
    DrRobert
    Participant

    It’s very slow in Lanzarote, with some agents going out of business and the ones that are left diversifying into rentals, in addition to sales.

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