Tenerife Property Consultancy About Us
Who Are Tenerife Property Consultancy?We are a small independent Tenerife real estate agents established and living here in Tenerife since 1992.
We succeed and like to operate in a small, family orientated and personalized way.
We like to work with you individually to get it right and help you find your new home here in Tenerife.
All of our Tenerife properties are within 40 - 50 minutes of our base therefore our clients become our friends and neighbours, we are always at hand and are eager to assist you in any way we can.
We love to be surrounded by smiling happy contented faces.
We are English owned Spanish Registered Company.
We boast an unbeatable track record.
We have No UK Agents ensuring we pass on our bargain Tenerife property prices directly to you.
We do not apply any pressure or hard sell and DO NOT ARRANGE what has now widely become known as the INSPECTION TRIP or WINE, DINE, SIGN ON THE LINE
What Can I Expect From Tenerife Property Consultancy?
Firstly and foremost a personal and genuinely interested attitude to your quest for the right property here in Tenerife.We will not waste your time showing you around unsuitable Tenerife properties.
When you come here to Tenerife for an appointment to view property, we will listen carefully to your individual Tenerife property requirements and advise accordingly. Usually over a coffee we will select the best possibilities from our varied property inventory.
Each Tenerife property will be clearly described to you, both good and bad points before deciding which Tenerife properties to view.
We will then personally accompany you around the properties of your choice. We can guarantee that you will have our individual and uninterrupted attention on your visit to Tenerife.
A most important part of your visit will be to evaluate whether Tenerife is right for you. Again we are most happy to point you in the right direction and answer your questions, having over 16 years experience living here in Tenerife we can answer any of your queries with absolute clarity.
When you purchase a property here in Tenerife you will become our neighbour and friend.
Something we are most aware of and so work very hard to help you to make the correct decision, working with you to get it right first time, we will endeavour to make your transition into Tenerife life as easy and enjoyable as possible.
What Happens Should I Decide to Buy a Property in Tenerife?
We will ask that you have two separate viewings of the Tenerife property on different days, giving you the opportunity to clearly evaluate your decision to purchase.On the second property viewing you will be sure to see many things that on first viewing were not so apparent.
We will then introduce you to one of our Spanish - English-speaking lawyers who will oversee the whole property purchase procedure for you, taking ALL of the worry out of the process of buying property in Tenerife for a relatively small cost.
The Lawyer will require a few hours of your time to explain the process to you and answer any questions you may have and organize the various things necessary whilst you are in Tenerife.
Firstly:To arrange a Power of Attorney to purchase the property on your behalf and in your name, this allows you to return to the UK whilst your lawyer continues with the purchase.
Secondly: You will also be accompanied to the Guardia Civil to apply for your Fiscal Number (N.I.E) which is necessary in order to purchase a property in Tenerife; this is usually obtained in our area within days of application.
Thirdly: You will then be accompanied to one of the local Banks to open a Spanish Account and if necessary look into mortgage facilities available to both Residents 80% and Non Residents 70%.
Fourth: Before you leave Tenerife a meeting will be arranged between yourselves the Buyers, The property Sellers, The Lawyer and Ourselves. You will be asked to sign the purchase contract (written in Spanish and English) and pay 10% of the price in euros to the sellers.
At this point we clarify the expected time scale and any finer points of the purchase or queries that you may have with the sellers. We are on hand to translate for you.
You are now free to return home to the UK whilst the Lawyer starts the property purchase procedure.
An initial search of the property is done at the Land Registry telling us the present state of the Deeds and if there are any debts outstanding on the property.
Under Spanish Law any debts on the property at the time of purchase are transferred over to the new owner.
This is the main reason you should ALWAYS use a Spanish Lawyer (Abogado) to oversee the property purchase.
The lawyers that we recommend, unlike many, will also visit the local town hall and meet with the official Architect to ensure there are no Urbanistic Infringements past, or future that may affect the property.
They will also ensure the property description and size as stated in the deeds, coincide with the information registered at the Land Registry and the Town Hall. This is particularly important when buying a Resale Tenerife property, as often changes to the property have been made over the years without Planning Permission being applied for amendments being made at the Land Registry. This in itself is not a problem however it does mean that the information in the Land Registry and on the Deed is often incorrect, we ensure that this is rectified.
We always ensure that your Deed (Escritura) will clearly and correctly describe the property that you are purchasing.
Once your money is in place in your Spanish Bank Account or the mortgage approved the sale can go ahead on a date agreed and convenient to both parties.
Method of payment is usually:
A Purchase Contract in Spanish and English is drawn up by the lawyer and signed by both parties upon paying your deposit before leaving Tenerife.Then, once you are back home you can organize by an electronic transfer to send the amount required into your new Spanish bank account. Sending the money in Sterling will ensure a better rate of exchange.
Completion is arranged for a date suitable to both parties depending on individual circumstances of the buyers and sellers.
Should either party change their mind Spanish Law states:
The Buyers will loose their deposit.
The Sellers shall return double the amount of money which has already been paid to them.
On the day of completion the Lawyer, The Bank Manager (if there is to be a cancellation of a current mortgage held by the sellers, or a mortgage is being taken out by the buyers), The Sellers, The Buyers (may or may not be present) and Us meet with The Notary who will oversee the purchase procedure.
Most importantly The Lawyer will ensure that on the morning of completion a second search is done and the Notary receives by fax from the Land Registry a document stating that the property in question remains to have 'Clear Title Deeds.' Meaning there are no debts outstanding which could be passed on to the buyer.
The Lawyer will have the necessary moneys prepared to complete the purchase of the property and sign the Deeds on behalf of the buyers and in their name.
Adding 10% onto the brochure price of the property should comfortably cover all Legal fees, including the 6.5% Government Resale Tax, Land Registry, Notary fees and Lawyers (Abogado) fee.
Money and keys then exchange hands and you are now the proud owner of your new Tenerife home.
I Now Own my New Home in Tenerife - But What Do I Do Now?????
Now you are the proud owner of your Tenerife property but our work still continues.As a matter of course we will ensure the transition into your new life here whether it is permanent or on a holiday basis runs smoothly.
We provide an extensive after sales service that is unbeatable and has been successfully running for over 12 years now.
The Lawyer will automatically arrange for you the transfer of electricity, water, gas, telephone, annual rates and rubbish contributions etc. to your name and set up standing orders at your bank for their payments. We can also:
As part of our continuing after sales support we will design and build (free of charge) your own webpage to advertise your holiday let apartment. It allows friends, family and potential paying guests to view your property in Tenerife online.
Organize and obtain Residency Permits.
Recommend local tradesmen, builders, electricians, plumbers, carpenters, mechanics, vets etc.
Assist with registering children into local schools and colleges.
Give guidance on Spanish language courses available in the area
Accompany you to register with local doctors, dentists, health clinics, sports centres etc.
Give guidance and assist with purchase of cars etc.
Advise with health, house or car insurance's etc.
Accompany you to the local stores if you would like help in furnishing your new home.
Any problem of yours is a problem of ours and we aim to solve any minor or major difficulty you may encounter and quickly.
How do I arrange viewings?
Flights are readily available through travel agents in the UK, or on the internet to Reina Sofia, Tenerife South airport.Car hire facility can also be arranged very easily.
When you travel to Tenerife in your search for property we can arrange to meet you at the airport ourselves.
Firstly and most importantly you need to visit Tenerife to establish that it is suitable for your living requirements. You will be your own free agent to visit other local estate agents to compare our prices and service; there will be no pressure from us.
We can offer you the best properties,
at the lowest prices in Tenerife.
Our service is unbeatable.All You Need To Do Now Is Visit Tenerife
And We Will Take Care Of The Rest
Please contact Tenerife Property Consultancy.
