What is the property market like in Tenerife? Favourite Spanish Property Insight › Forums › Spanish Property Forums › Property Questions & Answers › What is the property market like in Tenerife? This topic contains 1 reply, has 2 voices, and was last updated by DrRobert 10 years, 1 month ago. Author Posts March 4, 2009 at 9:34 am #54802 AnonymousParticipant 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? March 5, 2009 at 6:23 pm #90665 DrRobertParticipant 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. Author Posts The forum ‘Property Questions & Answers’ is closed to new topics and replies.