Guía de Isora, a municipality in the southwest of the island of Tenerife in the province of Santa Cruz de Tenerife, is known for its rich history, its impressive historical buildings, and its privileged location on the rugged Atlantic coast. With a population of just over 20,000 inhabitants, Guía de Isora combines the tranquility of a village with the charm of the coasts and mountains. It houses impressive examples of historical architecture, such as the Church of Our Lady of La Luz and the Casa de los Mesa. Moreover, its proximity to other famous cities on the island like Adeje and the world-renowned Teide national park makes Guía de Isora an ideal place to live.
Real Estate Market in Guía de Isora
The market for exclusive properties in Guía de Isora is currently very strong and stable. The demand for luxury houses and apartments is perfectly balanced with the supply, allowing the local economy and the real estate market to thrive. Guía de Isora, with its stable political and economic environment, offers a great opportunity for those looking to invest in luxury properties.
In terms of costs, the average commission a buyer pays when purchasing a house in Guía de Isora usually varies but generally ranges between 2% and 5%. The seller, on the other hand, also pays a commission that can oscillate around this range.
Taxes and Additional Expenses
In addition to the real estate commission, other additional costs, such as the transfer tax, notary fees and possible construction inspection or legal costs must be taken into account. The transfer tax percentage on private property in Guía de Isora is usually 6.5%. On the other hand, the wealth tax rate for private properties varies depending on the property's value.
Mortgages and Loans
The mortgage requirements in Guía de Isora are usually flexible, although it is generally expected for the buyer to possess a good credit history and a reasonable debt-income ratio.
Luxury Life in Guía de Isora
Guía de Isora is famous for its luxurious lifestyle, with highly sought-after residential areas like Playa San Juan and Alcalá, known for their pleasant climate all year round and accessibility by road and rail.
Significant educational centers such as the European University of the Canary Islands and the prestigious Santa Cruz de Tenerife Hospitality School are located near Guía de Isora, as well as numerous quality schools.
Social and Cultural Aspects
Residents of Guía de Isora can enjoy a wide variety of outdoor activities and sports, such as hiking, diving, and golf. Guía de Isora is also known for its exceptional cultural offering, with annual events such as the Los Silos International Storytelling Festival, and visits to museums and galleries like the Museum of Ibero-American Handicrafts of Tenerife.
In conclusion, Guía de Isora offers a luxurious lifestyle and a solid investment opportunity in real estate in a stable and prosperous environment. With its privileged location, beautiful properties, and abundance of cultures and activities, it is the ideal place for those people looking for a truly exclusive living experience.
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