It also has an office area and a patio terrace with a storage room.. We also have access to distressed sales and the cheapest resales available. If you want to purchase a bank-owned house in Tenerife, then make sure that the property is vacant. Property and Houses for sale in All Bank Repossessed Houses For Sale. The cost of repossession is high in Spain, and it already makes a serious dent in their balance sheets. It consists of 5 bedrooms, 4 bathrooms, open plan modern kitchen and living room Clear Blue Skies Group SL is very pleased to offer for sale this spacious commercial premises situated in an incredible central location in the vibrant town of El Mdano. Banks in Spain need to preserve the value of their assets as much as they can. Located on urban land, but mostly rural environment. It enjoys a privileged location with gre, Sueno Azul, Callao Salvaje, Tenerife, Spain. From this location you can enjoy magnificent views o Frina tenerife offers for sale this Freehold Sports Bar in Puerto Colon. [Auctree. The Costa Adeje area is located in the south of Tenerife. Purchasing a house in Tenerife is always a serious financial transaction. Obviously, the favorable climate is the main contributory factor in this island becoming an extremely popular holiday destination. As partner of several leading Spanish Banks we offer the largest choice of distressed and repossessed properties (REO) all over Spain. The indicated price does not include taxes or registry expenses. This worked for a long time, but now many buyers found their apartments to be worth less than they were when they bought them, so they either had to try to keep up with the mortgage payments or walk away and lose their deposit. 2. garage. Here, Spains sub-prime lending was to people living and working on the island and thats where the 100 and 110% mortgages went. Please choose an optionNowIn the next 6 monthsIn the next yearsome time in the future, I have read and accept the Privacy agreement 6,679 Tenerife properties for sale found on thinkSPAIN, the leading Spain portal with over 250,000 property listings from real estate agents and owners. More and more people now understand the benefits of investing in Tenerife bank-owned property. A Place in the Sun will send the above details on your behalf to AccountName. How to buy a bank repossession in Tenerife. They explained that Spains largest bank, Santander had 1,300 discount properties, 400 of which have already been sold to the banks employees or other select groups. It is very important for your house to be located in a good area; there is nothing good to invest in a property that will never be sold again because of its bad location. Check out Ocean Shores, WA foreclosure homes for sale, which may include REO foreclosures, pre-foreclosures, sheriff sales, and more. It has a constructed area of 69 m, consisting of a hall, dining room, kitchen, bathroom and 2 bedrooms. One of the major advantages of buying a bank owned house in Tenerife is that you are not required to pay transfer fees for the transaction. It is located in the urban area. The mortgage rates have also increased significantly in Tenerife. There are still a few cheap and repossession properties for sale in Tenerife but to be honest theyre getting few and far between as we come out of the latest crisis and trying to buy your dream holiday home in Tenerife for 50.000 is a dream that has long since vanished. It is with great pleasure that Clear Blue Skies Group SL present this beautiful, ultra modern three bedroom apartment in the exclusive Baobab Suites complex, in the Del Duque area of Costa Adeje Clear Blue Skies Group SL has great pleasure in presenting for sale this extremely luxurious duplex penthouse just a few meters from the ocean, in the exclusive Bahia de Los Menceyes development in Palm Mar, in the very Recently reduced properties for sale in Tenerife. Before making a purchase, compare the price of bank-owned properties with other homes in Tenerife and be sure to inspect it properly. Find a property for sale in Tenerife here, including apartments and villas. Fully equipped mirrored glass house in an exceptional design and quality that can be used as a future summer cottage, guest house or for luxurious futuristic living. For today, most bank owned properties in Tenerife are available to the general public. Banks simply cant afford to price their property too cheaply. 2 Bedroom Apartment in La Laguna. Brand new to the market, and yet already selling! For those willing to put the work in, both on research and repairs, these can represent some of the best buys on the market. Inspect the property, and bring along an engineer or building inspector who will be able to uncover existing problems and discuss with you the way of their repair. Enjoy wonderful views of the ocean and the tranquility that the area offers us. You will never be left on your own throughout your viewings and purchase and we personally take you to independent lawyers, notaries, banks and even help with your furniture shopping! If the bank-owned house is very old, the electricity, heating, and plumbing systems probably need to be replaced or totally overhauled. For example, Santanders portfolio of repossessed properties includes only 2 properties in the South of Tenerife. Local call rate, 020 3879 9117 Property Tenerife : 1,545 houses for sale Budget 0 > 10,000,000 Living space in m 0 > 1,000 Number of bedrooms 0 > 5 More filters Create an email alert! The Restaurant works both with Tourists and it is also very well-known betwe For sale large plot in the area of Chirche, Gua de Isora! It also has a cella Land in Santa Maria Del Mar (Taco Barranco Grande). The Tenerife Property & Business Guide is a monthly publication and is distributed across South Tenerife which has been established for over 16 years. Marketed by Clear Blue Skies Group S.L., Tenerife, Canary Islands, Tenerife, Santa Cruz de Tenerife. Sometimes, bank-owned properties are distressed homes because the former home owners are usually not likely to keep the place up-dated or even move-in ready. Prices from 2,084,400 Just 3 left! Selling fast with just 3 villas left from an initial development of 24. Front-line premises in Las Americas that are perfect for trading as a restaurant, cocktail bar, sports bar or anything requiring a prime position with fabulous Atlantic views As other holiday destinations are affected by tropical storms, high levels of humidity, and extremes of temperature, Tenerife offers the best climate conditions with average temperatures ranging between 23-28 degrees and no earthquakes or hurricanes! It could be the ideal match you've been seeking. The apartment boasts stunning views of the ocean and pool views and is ideal for those who seek a serene and tranquil atmosphere. It has a party room with barbecue and fireplace and a toilet. : D2PH522. . These extraordinary homes designed by Corona-Amaral Arquitectos sit on a terraced lan PalmBeech Properties are proud to present this beautifully renovated, modern 1 Bedroom Apartment in the popular Residential complex of San Remo, Palm Mar. View our security centre to find out more. If youre looking forsomethinginparticular you can click the following link which will lead you to aquestionnairethatll ask you all of the questions that well need answering to tell us what youre looking for. Subscribe to the Tenerife Property Shop newsletter Lenasia South 3. bed. Investing in Tenerife property has one more advantage which is its investment value. With an area of 184 m2, this townhouse has an excellent distribution, which guarantees a comfortable and spacious home.. 301m 2. floor area. Parking space N: 12 in a mixed-use, residential-commercial building. HousingList offers a large database of foreclosure listings. They did not buy apartments with pools near the sea. Sorry, there aren't any properties available matching your search criteria. Faab is one of the highlights of the south of Tenerife Balcon de Faabe , Fanab, Tenerife, Spain. Those who have purchased property in Tenerife believed that low interest rates were here to stay. For the past several decades, Tenerife property prices have been increasing year on year. A common concern of most people is the distance from the amenities and work. Housing located on the first floor of a multi-family building with elevator. The house is distributed in two bedrooms, a living-dining room, a Rustic property located in Gmar.It has a rough construction on the ground floor and semi-basement with a constructed area of 363.99 m2 on a total plot of 13 areas and 12 centiares.It is located about 1.6 km from the center of the municipality of Gmar.This municipality, located in a valley, ha Three-bedroom apartment, located on the second floor of a multi-family building of five heights above ground level with elevator, located in the municipality of Granadilla de Abona, Santa Cruz de Tenerife. By submitting this form, you confirm that you agree to our website Terms of Use, our Privacy Policy and consent to cookies being stored on your computer. Repossessed Houses For Sale Repossessed Houses For Sale Subscribe to access thousands of repossessed and below market value (BMV) properties from across the UK Search for your next repossessed property here or Map view Thousands of repossessions up to 30% below market value JOIN TODAY WITH A LIMITED TIME OFFER - OFFER ENDS IN April Monthly One bedroom apartments in areas such as La Caleta or Playa Faab, rarely sell for anything under the 200.000 price range. The thing is, with average annual temperatures of 23C, Tenerife an obvious choice to buy a holiday home or maybe even to make it a permanent home one day. On the ground floor there is a hous single-storey house which is accessed through a small path that has a small door approximately 1.5 meters closed by an iron gate by the neighbor. Piece of land in which there is a cave to which the kitchen, dining room, bathroom, two bedrooms, patio are attached. This property is of a superb design, inspired by water. They bought small flats in the commuter towns and villages or the main urban areas in the North of the Island. They enjoy magnificent sandy beaches, exclusive entertainment, luxury hotels and restaurants. If you want to knowHow to buy a bank repossession in Tenerife then click the previous link. Discover an incredible new construction project in Playa San Juan, offering an exceptional opportunity to own one of these 12 exquisite apartments. CLICK & SAVE! Read more 1 2 3 9 >> How to sell your home privately in Tenerife, how much does it costs to run a property in Tenerife, ask you all of the questions that well need, Property prices and sales in Tenerife March and Quarter 1 2023, Property prices and sales in Tenerife January 2023. 115 m apartment with 2 bedrooms, 1 bathroom, kitchen, living room and terrace for sale in Las Mercedes, in the Jardina neighborhood of San Cristbal de la Laguna (Tenerife, Las Palmas). Clear Blue Skies Group SL is delighted to present this attractive semi-detached home for sale in Balcon de Faab, in Faab village in the south of Tenerife. Click the following link if you want to know about hospitals and heath care in Tenerife. Repossessed and distressed properties in Spain for sale Portal for repossessed and distressed properties in Spain. Unlike those properties that are sold at foreclosure auctions, you can always ask to inspect bank-owned properties before closing on a deal. With fast connection to the main road. So, there are many reasons to buy bank-owned property in Tenerife, which is a reliable investment tool for everybody! Local call rate, 020 3960 5319 Brand new luxury villa for sale in El Madroal, Costa Adeje. Moreover, it may uncover the need to address larger problems, such as major leaks or holes in walls. ";"+Math.random()+ The garages are located in the basement of a multi-family Garage premises located in Garachico, in a residential area. Generally these types of propertiesare not going to be added to the main website due to the lack of information provided by the banks or other agents that we deal with, so we have a high priority Bank Repossession list where we send out emails of properties that come to us direct from the bank or if theres a great distressed property opportunity. Set of 4 commercial premises for sale in a commercial building located at the confluence of Cercado Corazn and Los Majuelos avenues, in the La Gallega neighborhood, south of Santa Cruz de Tenerife. com/auction/2625] offers bank flats for sale at auction. BARGAIN PROPERTIES FOR SALE IN TENERIFE The following is a small selection of BARGAIN properties available from The Tenerife Property Guide's estate agent clients (and is updated regularly). Devaluing properties dents them further and affects how much the banks can borrow, and the rate they pay on the money markets. Browse 47 foreclosure homes in Ocean Shores, WA, current as of April 2023. In its almost 10,000 meters we find 4 caves enabled for rooms, warehouse, kitchen and bathroom. Commercial Property in Playa De Los Cristianos. So if you're looking for a property in the Canary Islands, this is a great place to start 1043 properties Sort by My Shortlist (0) Properties per page People are looking to get away from it all and the mountains and villages to the island are the perfect place. The corner semi-detached house is divided into 3 floors. Local call rate, 020 3856 8326 Local call rate, 020 3879 5844 for sale in Santa Cruz de Tenerife 5 bed | 5 bath 5 Bed Villa/House for Sale, Santa Cruz de Tenerife, Tenerife 580,000 View > for sale in Santa Cruz de Tenerife 2 bed | 2 bath 2 Bed Flat / Apartment for Sale, Granadilla de Abona, Santa 450,000 View > for sale in Guia De Isora 1 bed | 2 bath Located in a three-story building, it occupies the entire ground floor. It has an interior patio. * Look no further than this exceptional piece of land in San Miguel de Abona, Tenerife. Founded in 1998. Find your dream home in Tenerife, Spain from over 10,000 estate agents on Kyero.com Exclusive Property! Two-story building, with a commercial ground floor and a basement for a garage. Local call rate, 020 3856 4396 Even if you were looking for a property of this type, you would still be hard pushed to find anything that might be considered a real bargain. Premier Properties Tenerife Check out some of our amazing properties for sale in Tenerife! Operating directly from the Polarisworld Resorts in Spain, we deal specifically in Bank Repossessions and heavily discounted properties, direct from the developer. View photos and floor plans of 100 properties for sale including Houses, complexes, farms, vacant land and simplexes. [Auctree. This pr First floor apartment on the lovely La Torre Golf Resort with great sized terrace and stuninng views Two Bed First Floor apartment on Las Terrazas De La Torre Golf Resort. Over the years, development was rapid and the coasts of Los Cristianos, Las Americas soon became built up with apartment blocks and hotels making the south a very desirable area to buy property and as such, prices went up along the the buildings. Moreover, when you buy a property from the bank, you do not have to deal with a seller reluctant to negotiate for sentimental reasons, because the bank has no emotional attachment to the property. It is an apartment on the first floor of a multi-family building without an elevator. R 725 105 3 Bedroom House Savanna City 10/369 Timber Road We have the perfect home for you. There are excellent property bargains in the south of Tenerife, and wed love to show you them. Properties in the hills and rural properties in Tenerife are getting more and more sought after. Foreclosures - STATE ROUTE 109, Ocean Shores, WA 3 Bd-1 Bath $92,210 / CHENOIS AVE NE, Ocean Shores, WA 3 Bd-2 Bath $57,000. A couple of one apartments with sea views have been launched for sale in the complex of Los Diamantes, phase 2, also know as Club Tenerife. Repossessed properties are often vacant, so you will not have to deal with troubled homeowners, tenants reluctant to leave, or former owners threatening legal action. Apartment with three bedrooms and two bathrooms, located in a multi-family building of three heights above ground without elevator, located in the municipality of San Cristbal de la Laguna, province of Santa Cruz de Tenerife. The house has 2 double rooms, 2 singl Are you looking for a house where you only have to arrive with your suitcases and settle in?. Sometimes, bank-owned home that requires much repair work can become as expensive as a homeowner-sold move-in ready property or even more expensive. A bank owned property is a property where the owner, who has obtained a mortgage on it, was not able to make monthly payments to the lender (the bank). Knowing the prices for the necessary repair works before making a purchase can save much money and stress afterwards. The house is distributed in three bedrooms, two bathrooms, living room and kitchen. It is located on the first floor of a residential building with three floors above ground, which does not have an elevator. Over 1 million foreclosure homes for sale updated daily. New on the market and another listing Exclusive to Tenerife Estate Agents: A one bedroom apartment with Pool and Sea Views in the Parque Margarita complex, centrally loca, Marketed by Tenerife Estate Agents, Tenerife, Canary Islands, Tenerife, Puerto de la Cruz, Modern studios and one-bedroom apartments completely renovated in a building located in one of the best areas of Puerto de la Cruz, La Paz/La Quintana area, in the north of the island of Tenerife The complex has a swimming pool and beautiful gardens, Marketed by Agata's Real Estate, Tenerife, Canary Islands, Tenerife, Buenavista Del Norte. Apartment with three bedrooms and two bathrooms, located in a multi-family building of three heights above ground without elevator, located in the municipality of Santa rsula, province of Santa Cruz de Tenerife. Incredible property for sale in Puerto De la Cruz with beautiful views The property comprises the main living area, a separate loft apartment, a basement/garage, a separate office and a lovely garden. By submitting this form, you confirm that you agree to our website Terms of Use, our Privacy Policy and consent to cookies being stored on your computer. Both are located in a scruffy residential block above some shops in the town of Granadilla: certainly nobodys picture of a holiday or investment. Flat in Salamanca-Uruguay, Santa Cruz de Tenerife 800 /month 3 bed. Therefore, the buyer must meet the requirements of the Canarian Housing Institute of the Govern VPO housing located in the center of San Isidro. We get told about loads of property for sale in Tenerife via banks but more importantly at the moment, were working with some estate agents in Tenerife who, for various reasons have desperate sellers. Clients come to us, expecting to be shown a hidden box of incredible bank bargains and tend to be (understandably) disappointed in what the banks can offer. When purchasing a bank-owned property in Tenerife, everybody takes into account its location as well as travelling time. Distributed on two floors, on the main floor we find the living room, large kitchen-office, toilet a Clear Blue Skies Group SL is thrilled to present this ideally located one bedroom apartment in the Labranda Suites Hotel, close to the Faab Beach and all of the facilities of the famous Costa Adeje. These are the *************ONE REMAINING VILLA LEFT*****************ONE REMAINING VILLA LEFT********************** You can search for properties using specific keywords or phrases. Detached house with 2 floors distributed in three rooms, kitchen - dining room, bathroom and toilet. US Repos database is updated on a daily basis and you will also find bank repossessed homes , foreclosures , preforeclosures , auction sales , bankruptcies and resale property listings. It is located in La Hidalga, a few minutes from the town, although i Property for investors: old building land house.All the information provided about the property must be considered as general, basic and preliminary information, aimed at professional investors.It is not addressed, therefore, neither to individuals nor to consumers.Said information is subject to Housing located on Calle Leoncio Rodriguez, in the municipality of Santa rsula and province of Santa Cruz de Tenerife. It is a land that has 400 m2 . At Tu Nido Tenerife, we offer a wide selection of bungalows for sale in Tenerife, Spain. This beautiful villa is distributed over 3 floors. So if you're looking for a property in the Canary Islands, this is a great place to start, Sorry, there aren't any properties available matching your search criteria. 26 m; 26 m garage space for sale. Those that remain are often stripped of anything of value inside by their exiting owners, and some have even been vandalised. Owning a property in Tenerife can be a very exciting but at times maybe a scary proposition. We provide nationwide foreclosure listings of pre foreclosures, foreclosed homes , short sales, bank owned homes and sheriff sales. If you continue to use this site we will assume that you are happy with it. One of the questions that we get asked on a regular basis is how much does it costs to run a property in Tenerife?, click that link and youll be able to read an article that Ive written about running costs. Find a property for sale in Tenerife here, including apartments and villas. com/auction/3008] offers bank flats for sale at auction. As time has gone on, tourism has developed into much more of a designer type business and with it has brought the more exclusive areas of Costa Adeje and Baha del Duque in Tenerife. A municipality located in the northwest of the island of Tenerife, it extends from the slopes of Mount Teide to the sea. Complete self-development residential building, located in the Los Cardones neighborhood, San Isidro, south of Tenerife, integrated into a single registered property, with no horizontal division made. Nova Futuro is pleased to present this wonderful turnkey project to the most demanding in one of the most sought-after areas in the South of Tenerife. There have never been better prices. This plot is located in a quiet nice area of Chirche, Gua de Isora. Property Tenerife : 1,545 houses for sale Sort Most recent date 233,400 Flat in Playa San Juan, Tenerife Brand new and just a stone's throw from the sea! Luxury & Cheap Tenerife Properties - For Sale: Apartments, Villas, Houses, Studios, Flats & Business Realty, Buy, Sell & Rent Any Type Of Properties in Tenerife (Canaries, Spain) For Sale: Bank Properties & Developer Properties, Car Rent, Yacht Rent, Transfers & Activities in Tenerife From Our Real Estate Agency,