Buying in
Tenerife
Year-round sunshine, attractive taxation and a dynamic market. Discover why South Tenerife is an ideal destination to invest or settle down.
5 steps to buying your property
Get your NIE
The Foreign Identification Number is essential for any property transaction in Spain. We help you obtain it.
Financing
If you need a mortgage, Spanish banks finance up to 70% for non-residents. We connect you with the best banking partners.
Offer and deposit
Once you have chosen the property, a deposit contract is signed with a 10% deposit that reserves the property.
Notary signing
The sale is formalised before a public notary with the payment of the remaining price and the signing of the deed.
Land registry
We register the deed at the Land Registry and handle the taxes so you officially become the new owner.
Required documents
Gather these documents before starting the process to avoid delays.
- Valid passport or ID document
- NIE (Foreign Identification Number)
- Bank account opened in Spain
- Proof of funds or mortgage pre-approval
- Proof of address in your country of origin
Costs to expect
On top of the property price, plan for an additional 10% to 12% to cover taxes and fees.
Ready to start?
Our team supports you every step of the way. Contact us for a personalised, no-obligation consultation.