When beginning the process of buying property in Tenerife, one of the first steps should be to determine a realistic budget and decide whether the purchase will be financed with your own funds or through a mortgage. Well-planned financing helps save time and allows you to focus only on listings that truly match your financial capabilities.
As an agency specializing in working with international clients, we fully understand the challenges involved in purchasing property in another country. We work with major banks operating in Tenerife, such as Sabadell, Santander, Bankinter, and Caixa, which allows us to effectively assist clients in obtaining mortgage loans – even for those who do not hold Spanish citizenship.
We provide full support at every stage of the process:
- Assistance in opening a bank account,
- Creditworthiness assessment,
- Preparation of documents,
- Communication with the bank until the final loan approval and notarial deed signing.
If you are planning a rental investment, we will prepare a detailed return-on-investment analysis for your property – taking into account seasonality, location, and projected income. A practical guide on this topic can be found in our article:
How Much Can You Earn? Return on Investment Analysis for Property in Tenerife.
Additionally, we offer access to trusted, vetted professionals, making the entire process not only easier but also safer:
- Contacts to sworn translators who can assist with documents requiring official translation,
- Recommendations for property appraisers if you wish to conduct an independent valuation,
- Support from notaries and law firms with whom we work regularly.
Thanks to this, our clients receive not only access to listings but also real support throughout the entire purchasing process – from the first contact, through all formalities, to the final handover of keys.
Call or write to us to learn more about how we can work together!
