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Set within the fabulous new town of tamaragua- this proA ground floor apartment with its own private garden- g
A C Type 2 bedroom villa in Manzana 10- close to the co
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Unique opportunity to acquire a Pre Construction apartment in the exclusive area of Palm Mar. Spectacular ocean views, located in one of the most sought after areas of Tenerife. Only €5,500 deposit to reserve your apartment. Completion projected to be June 2007.
As a result of the moratorium (temporary ban) on new building projects in Tenerife, there are a limited number of projects in the South of Tenerife, which will have the effect of causing prices to increase as demand will outstrip supply. Consequently, for people investing now, there are potentially substantial gains to be made. The way it works is that at the early stages of the project, building companies sell apartments or houses at prices that represent a significant discount from the normal price, and take deposits of between 10% and 20% of the selling price, which is fixed for the duration of the contract. The purpose of this is to minimize the amount of bank lending needed by the b
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