The Complete Guide to Buying Property in Tenerife

Buying a property in Tenerife is not something to improvise: Spanish law, local customs and the rhythm of transactions differ markedly from what you know in Luxembourg, Belgium or France. This guide sets out a clear, reassuring framework so you can approach each stage with confidence, free of needless jargon.

You will discover the full course of a purchase: defining your project and your overall budget (costs included), searching for and viewing properties, the purchase offer, the deposit contract (contrato de arras), the essential legal checks and the signing of the escritura before the notary. Each stage is illustrated with concrete examples drawn from transactions handled by Coralès.

By the time you close this guide, you will know exactly which documents to prepare, which timeframes to anticipate, which costs to budget for and which pitfalls to avoid. You will have a reliable overall view to turn your dream of Tenerife into a tangible project, at your own pace.

What you will learn

• Defining your project and your overall budget
• Understanding the south Tenerife market
• Arranging viewings from abroad
• The purchase offer and the deposit contract (arras)
• The essential legal checks before signing
• The notary's role and signing the escritura
• Fees, taxes and additional costs to anticipate
• The 30 days following your purchase