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Tenerife: In These Moments Is The Best Investing In Real Estate-00-6599

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By Author: rafalinares
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Canary Islands now represents an excellent opportunity to invest in real estate. Fuerteventura has a particular price within reach of every budget and revaluation expectations very important.

You can find apartments from 35,000 euros in Costa Calma. They are posted on the website fuerteventuraproperties.net.

How can you not buy at that price in a paradise like Fuerteventura?

That was the thinking that led to the leading real estate agency in Tenerife, "El Rincón Inmobiliario", to expand its business there.

Its director Juan Manuel Lopez explains how they make their own estimates and market analysis, of which the following conclusions:

The sales price to list price ratio for single-family, re-sale homes rose to 100.9% in May 2010 indicating that buyers are competing for the best homes on the market.

Home sales were up 42.3% year-over-year. This is the tenth month in a row home sales have been higher than the year before. Year-to-date, home sales are up 37.1%.

The median price for homes gained was up 9.1% year-over-year.

Sales of lofts/condos slumped in May, falling ...
... 16.8% from April and down 1.8% compared to last May. Year-to-date, condo/loft sales are up 46.7%.

The median price for lofts/condos rose 6.9% from April, and was up 9.8% year-over-year.

Despite of there are many stories when it comes to disasters resulting from troubles with the legal title to a property, from the failure by builders or contractors to complete property bought ‘off plan' or where planning laws mean the loss of the property or its amenity value. Notwithstanding, more prosaic troubles, suchlike intermittent electricity or water supplies, can also be a subject. Having high-quality, independent, local professional advice is essential whether or not one is to stay clear from such catastrophes.

About the Author:

http://www.pisosdebancos.eu // fuerteventuraproperties.net

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