Those that remain are often stripped of anything of value inside by their exiting owners, and some have even been vandalised. 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. For Sale; To Rent; . 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. Duplex type housing in a multi-family building. Devaluing properties dents them further and affects how much the banks can borrow, and the rate they pay on the money markets. 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! They enjoy magnificent sandy beaches, exclusive entertainment, luxury hotels and restaurants. 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, , TENERIFEREALTYMAX.com - Tenerife Property | Canary Islands Real Estate (Canaries) | Luxury Tenerife Real Estate For Sale | Privacy Policy Browse 47 foreclosure homes in Ocean Shores, WA, current as of April 2023. "target=_blank> For the past several decades, Tenerife property prices have been increasing year on year. Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online. document.write("South African Property : Repossessed houses and flats for sale in South Use AND for more than one keyword, such as Pool AND Beach, Use quotation marks (") for exact phrase matches, such as "close to the beach", Use minus sign (-) to exclude keywords, such as -beach if you don't want to view properties with near the beach. Subscribe to the Tenerife Property Shop newsletter 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. Local call rate, 020 3856 8326 The weather on the island of Tenerife is one of the main attractions for many tourists from all over the world. However, you will still be liable to pay the bond registration fees as well as the attorneys fees for registering the property in your name. Many bargain hunters are aware of our links with banks and ask us about bank repossessions and foreclosures in Tenerife. Callao Salvaje is a Clear Blue Skies Group SL is delighted to present this lovely, spacious, detached bungalow with private heated swimming pool in the Sueo Azul development in Callao Salvaje. Marketed by SUNSET HOME International Real Estate, Tenerife. All Rights Reserved. It is an apartment on the first floor of a multi-family building without an elevator. 2 Bedroom Apartment in La Laguna. View photos, home details, and property status all on realtor.com. 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. We couldn't find what youre looking for right now. Recently reduced properties for sale in Tenerife Reduced Properties in Tenerife From time to time we are able to bring to market properties in Tenerife that are being offered for sale below their expected market value. 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. This land is at carretera guia isora, 38685, Tejina de Isora, Santa Cruz de Tenerife, at Gua de Isora. Properties for sale in Tenerife, Canary Islands, Spain - Tenerife, Canary Islands, Spain properties for sale - Primelocation PrimeLocation International Spain Canary Islands Tenerife Property for sale in Tenerife, Canary Islands, Spain 1 - 20 of 726 Save your search Get instant alerts 7,491,920 (8,500,000) Villa for sale Devaluing properties dents them further and affects how much the banks can borrow, and the rate they pay on the money markets. 115 m. Bungalow for sale in Tenerife, Spain by the sea | Tu Nido Tenerife Find Foreclosures & Foreclosed Homes for Sale Listings | realtor.com Even if youre thinking about trying to sell your Tenerife property privately, we can possibly help there too. IMPORTANT: THE OWNER DOES NOT GUARANTEE THE AVAILABILITY OF ACCESS TO THE PROPERTY, ALSO YOU MUST HAVE YOUR OWN FUNDS OR HAVE AN ADDITIONAL GUARANTEE TO GET FINANCING. 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. Repossessed and distressed properties in Spain for sale Portal for repossessed and distressed properties in Spain. Clear Blue Skies Group SL is pleased to offer this excellent penthouse apartment with unsurpassable sea views, situated in the quiet Sueo Azul area of Callao Salvaje located in the sun-soaked south-west of Tenerife. With a great deal of presence, these premises sit slightly el Frina tenerife brings to the Market this Healthy Food Restaurant in La Laguna, located in a busy street of the town, close to bus station and to a big parking. 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. As the banks crave for getting rid of the properties on their books, there is a big chance to find a real bargain. 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. It consists of three bedrooms, a bathroom, living room and kitchen. Wed like to explain why! 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. 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. In a very quiet street in a residential area, just a few steps from all the shops and the beach, we find Beautiful villa for sale, Roque del Conde 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! Cozy house consisting of a hall, three bedrooms, a bathroom, a kitchen with an American bar, a living-dining room and a laundry room.. How to buy a bank repossession in Tenerife. "border='0' width='88' height='31'><\/a>") As partner of several leading Spanish Banks we offer the largest choice of distressed and repossessed properties (REO) all over Spain. 2. Those who have purchased property in Tenerife believed that low interest rates were here to stay. The offer Commercial Property in Playa De Las Americas. It has the heated commu Are you searching for the perfect location to bring your dream home to life under the sun? With fast connection to the main road. 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. 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! It also has an office area and a patio terrace with a storage room.. Santa rsula is a city of approximately 15.000 inhabitants, which has Second-hand single-family home, distributed in several rooms and services, living room, kitchen, five bedrooms and four bathrooms, 2 toilets, garden areas, garage and storage room, requires reform, located in the municipality of Santa rsula, province of Santa Cruz de Tenerife. Apartment located on the ground floor of a multi-family building below ground level with 3 floors in the municipality of Los Realejos, province of Santa C. from Tenerife. When you buy a bank-owned property in Tenerife, the only person you deal with is the bank. Local call rate, 020 3856 4396 It consists of two floors above ground level and two basement floors. The property has a garage space in the same building.. Banks simply cant afford to price their property too cheaply. Bank-owned houses are sold as-is, and because of that you have to inspect it before committing to a purchase. Look no further than this exceptional piece of land in San Miguel de Abona, Tenerife. Properties for sale in Tenerife, Canary Islands - Kyero.com It has urban, sea views, mountain views and buildable. It has a constructed area of 69 m, consisting of a hall, dining room, kitchen, bathroom and 2 bedrooms. Whether you are going to buy a bank-owned house as an investment tool or as a home to live in by yourself, it is extremely important to make sure that the property has a good location. The Tenerife Property & Business Guide is a monthly publication and is distributed across South Tenerife which has been established for over 16 years. Ocean Shores Repo Homes for Sale - Ocean Shores Repo Houses in Grays It is located in the heart of the city, which has all the services, such as sup Terraced house located in the municipality of Gimar, in the province of Santa Cruz de Tenerife. Search | Repossessed properties in Spain - Spanish Bargain Alert Property for sale in Tenerife, Canary Islands, Spain - PrimeLocation The property has a garage spac New ultra-modern villa project in Roque del Conde, Costa Adeje. People are looking to get away from it all and the mountains and villages to the island are the perfect place. Building in Manzana Cerrada with 3 floors above ground and 1 basement below ground. Kiss your Landlord goodbye. Before making a purchase, compare the price of bank-owned properties with other homes in Tenerife and be sure to inspect it properly. Bank Repo Homes | Find Repossessed Homes | Repossessed Houses Use AND for more than one keyword, such as Pool AND Beach, Use quotation marks (") for exact phrase matches, such as "close to the beach", Use minus sign (-) to exclude keywords, such as -beach if you don't want to view properties with near the beach. The number of bank owned properties in Tenerife is increasing due to the economic changes while the mortgage costs are rising as are the basic costs of living meaning that inflation is rising. Other banks echo with similarly undesirable results. Electricity, food, gas, and petrol prices have increased a lot in the last few years, so people with a mortgage on their Tenerife properties have less money to make their mortgage payment to the bank. [Auctree. The following is a small selection of BARGAIN properties available from The Tenerife Property Guide's estate agent clients (and is updated regularly). Urban plot located in Los Alisios, Santa Mara del Mar. With plan Find out what it's like to live, work and retire in Tenerife, Get a sense of property values & trends in Tenerife, Everything you need to get started on your Spanish property journey, Find out how Kyero can help you sell more properties. 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). 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. The offer is subject to errors, price changes, omissions and/or withdrawal from the market without prior notice. The offer is subject to errors, price changes, omissions and/or withdrawal from the market without prior notice. For example, Santanders portfolio of repossessed properties includes only 2 properties in the South of Tenerife. Find your dream home in Tenerife, Spain from over 10,000 estate agents on Kyero.com : D2PH522. Although we have access to bank portfolios to sell these properties, it is rare that anyone buys one! It has easy access, a spacious and ope For sale nice plot in the area of Chirche, Gua de Isora! From this location you can enjoy magnificent views o Frina tenerife offers for sale this Freehold Sports Bar in Puerto Colon. You used to be able to buy cheap Tenerife apartments for sale in holiday complexes as well as residential complexes but now youll be very lucky to find anything like that in the popular resorts such as Las Americas or Los Cristianos Tenerife. South Bend, WA 98586. So if you come to our offices looking for bank repossessions, please accept this as an apology from the banks in advance. Garage in Santa Cruz De Tenerife. The indicated price does not include taxes or registry Garage space with storage room located in El Sobradillo. A common concern of most people is the distance from the amenities and work. Buying property as is means that you do not have recourse to the owner (a bank) once you have purchased a house and discovered some defects afterward. This guide will tell you everything you need to know about selling your property and the taxes that youll have to pay as well. Opportunity for investors!