Tenerife North is rich in history with an untouched tropical charm, offering a unique mix of history, heritage, and natural beauty. It hosts numerous historical buildings and exudes an ancient beauty that serves as a witness to the past. Located in the Canary Islands, Spain, Tenerife North enjoys a unique geographical setting, with the Anaga mountains to the east, the Atlantic Ocean to the north, and the majestic Mount Teide to the south.
Luxury Property Market in Tenerife North
The luxury real estate market in Tenerife North remains strong and stable, with demand continuing to exceed supply. The economic and political situation in Tenerife North is also stable, encouraging investors from around the world to invest in luxury properties here.
Costs Associated with Buying a Luxury Property
In addition to the purchase price, buyers need to consider additional costs such as transfer tax, real estate agent commissions, notary fees, and possible building inspection or legal costs. The average commission a real estate buyer pays when purchasing a luxury home in Tenerife North can vary, but is generally estimated at around 3-5%.
Exclusive Areas and Accessibility
The most sought-after and exclusive residential areas of Tenerife North include Puerto de la Cruz, La Orotava, and Santa Cruz de Tenerife. Tenerife North is easily accessible by road and has an excellent public transportation network. It is a short distance from the city of Santa Cruz de Tenerife and is well connected with national and international airports.
Luxury Lifestyle in Tenerife North
Tenerife North offers a variety of outdoor activities to enjoy, from hiking and exploring national parks to sailing and diving. In addition, it boasts numerous luxury shops, chic restaurants, and a vibrant nightlife with exclusive clubs and stylish bars. High-quality amenities include prestigious schools, universities, and training facilities, as well as renowned hospitals and clinics.
Tenerife North's rich cultural heritage is evident in its numerous museums, galleries, and theaters, and each year a series of historical, cultural, and sporting events are celebrated. All of this, combined with excellent public infrastructure, stunning scenery, and a tropical climate all year round, makes Tenerife North the perfect place to live and enjoy luxury.