Real estate market report in Spain and Andorra 2019-2020


Engel & Völkers Costa Adeje in the south of Tenerife, is pleased to present you our latest market report for Spain and Andorra.


In this link we offer you all the information that has been compiled by our company including an extensive analysis of the property market:


  • Purchase and rental prices
  • Clients' profiles
  • Property typology
  • Situation of the offer


It also highlights the demand in each of the areas where Engel & Völkers is present in both countries.


"At Engel & Völkers we face the future real estate situation with confidence and strength. We are an organized and structured company to sail with tailwind, against and without. We are aware that in the past we have enjoyed being propelled by tailwind and that this year we will have to sail without help. The commitment to give the maximum satisfaction to the client, fulfilling our values of competence, exclusivity and passion, will allow us to reach a good port. The demand for real estate has not disappeared, but it has changed"

Juan-Galo Macià

CEO Engel & Völkers for Spain, Portugal and Andorra

NOTE: This report was completed before the state of alarm was decreed in Spain due to the COVID-19 health crisis, so the forecasts that appear in some of its sections referring to 2020 will undergo significant variations in both price and transaction forecasts.


If you are currently interested in buying a property in Tenerife, you will find a wide range of properties on our website. Your inquiries will be answered immediately.

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The sending of this e-mail constitutes acceptance of the terms above. If you wish to exercise your rights of access, rectification, cancellation and opposition in the terms established in the Organic Law 15/1999, you may do so by writing to the following address: adeje@engelvoelkers.com or Engel & Völkers Costa Adeje, Avenida Bruselas 18, Terrazas del Duque, Local 11, 38670 Costa Adeje.


Engel & Völkers Costa Adeje 


Casa con Ambiente Hecht S.L.U.  

Titular de Licencia de Engel & Völkers Residencial GmbH  
Avenida Bruselas 18    
Terrazas del Duque, Local 11  
38670 Costa Adeje  
Tenerife - Islas Canarias  

CIF: B-38935680  

Managing Partner: Regine Hecht

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Engel & Völkers
Licence Partner Costa Adeje
  • Avenida Bruselas 18, Terrazas del Duque, Local 11
    38670 Costa Adeje
    Spain
  • Fax: +34 922 71 42 20

Opening hours

Monday - Friday: 10:00 - 18:00

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Real Estate Agency Engel & Völkers Costa Adeje in Tenerife South
Our real estate agency Engel & Völkers Costa Adeje in the south of Tenerife opened its doors in 2011. Since then our international and multilingual team has turned our store into the leading real estate agency in the south of Tenerife. Engel & Völkers Costa Adeje has a deep knowledge of Tenerife’s southern market and wants to help you either sell your property or find a perfect home in the South of Tenerife. We can offer you all types of properties, such as apartments, houses, villas, townhouses, semi-detached houses, farms and plots of land. Our license area extends from Los Gigantes, passing through Puerto Santiago, Santiago del Teide, Guía de Isora, Playa Paraíso, Callao Salvaje, La Caleta, Adeje, Costa Adeje, Golf Costa Adeje, Torviscas, Roque del Conde, Fañabé, San Eugenio, Playa de las Américas, Los Cristianos, Palm Mar, Arona, San Miguel de Abona, El Médano, Granadilla de Abona and even reaches the town of Arico. In addition, our office is conveniently located in the high-end tourist area of Costa Adeje.

Invest in the south of Tenerife
The southern area of Tenerife is one of the best and most popular tourist destinations in Europe. With its mild and warm climate all year round and with more than 300 sunny days, it attracts a large number of international buyers and investors. With more than 6.1 million visitors and 25.2 million annual overnight stays, Tenerife offers a wide range of investment opportunities. Furthermore, the Canary Islands have one of the best tax regimes in Europe and is located in a strategic enclave between Europe, Africa and America. Tenerife, which is the largest island in the Canarian archipelago, has seen economic growth with rates above 2.6%.

Quality of life
Not only is the south of Tenerife best known for having the best climate in Europe, it also enjoys a great quality of life thanks to its security, its good infrastructure, its multicultural society and the easy reconciliation of personal and professional life. Tenerife, also called "the island of eternal spring" offers a diverse educational programme, a quality public health system and first-class leisure options.

Spanish Golden Visa
Another key factor in the interest of the foreign public to invest in the South of Tenerife is the business law called “Golden Visa”, which was decreed in 2013, and which introduces visas and resident permits for investors who are not members of the European Union; all that is required is that they make a real estate investment in Spain for an amount equal to or greater than € 500,000.

Profile of property buyers in Tenerife South
The south of Tenerife is a holiday home market dominated by international buyers, such as Germans, Swiss, Austrians, English, Italians, French, Belgians, Dutch and Poles, who invest their money in buying second-home houses and apartments. However, there are also national and international buyers who change their residence, as well as small and large investors seeking stability along with profitability.

Buy apartment in Tenerife South
If you want to buy a house or an apartment in the south of Tenerife, do not hesitate to contact us. We offer a wide and updated portfolio of properties: houses, flats, apartments, penthouses, duplexes, semi-detached houses, single-family houses, villas, etc. located in the most exclusive areas of Tenerife.

Free valuation of your apartment or house in the south of Tenerife
At Engel & Völkers Costa Adeje we value your house or apartment free of charge and without obligation. If you want to sell your property, contact us.

Sell house in Tenerife South
To sell a property in the south of Tenerife, Engel & Völkers Costa Adeje is your trusted real estate agent. Thanks to a complete assessment made by our specialised real estate consultants, we will get you the best possible sale price. Your property is marketed by experts with more than 40 years of experience as well as being treated with the utmost professionalism. At Engel & Völkers Costa Adeje we work with values such as transparency, communication, adaptability, honesty and consistency so that the sale of your property is a complete success.

New developments in the south of Tenerife
A brand new house is a unique experience and an opportunity to enjoy a cutting edge product with contemporary and high quality finishes. At Engel & Völkers Costa Adeje we have a large stock of new build and off plan opportunities so that building your dream house is within reach.


Real Estate in Tenerife South | Houses in Tenerife South | Apartments in the south of Tenerife | Costa Adeje and surroundings | Playa de las Américas and Los Cristianos | Abama Resort | Los Gigantes and surroundings | El Médano and surroundings | New construction promotions in Tenerife South | Free valuation of your property in the south of Tenerife