--- title: "Buying a home in Tenerife: the charms of a singular destination" description: Buying a home in Tenerife marks a turning point. The island has gained traction in the luxury real estate sector for the many advantages it offers. image: https://blog.abamahotelresort.com/hubfs/buying%20a%20home%20in%20Tenerife%20at%20Abama%20Resort.jpg --- - [English](https://www.abamahotelresort.com/en/) - [Español](https://www.abamahotelresort.com/es/) - [Français](https://www.abamahotelresort.com/fr/) - [Deutsch](https://www.abamahotelresort.com/de/) - [русский](https://www.abamahotelresort.com/ru/) - [Nederlands](https://www.abamahotelresort.com/nl/) [![ABAMA](https://blog.abamahotelresort.com/hubfs/Abama_July2019%20Theme/Images/Header%20Logo.svg)](https://www.abamahotelresort.com/en/) - [Resort](https://www.abamahotelresort.com/en/luxury-resort-tenerife/) - [Lifestyle](https://www.abamahotelresort.com/en/luxury-resort-tenerife/lifestyle/) - [Destination](https://www.abamahotelresort.com/en/luxury-resort-tenerife/holiday-destination/) - [Facilities](https://www.abamahotelresort.com/en/luxury-resort-tenerife/facilities/) - [Sustainability](https://www.abamahotelresort.com/en/luxury-resort-tenerife/sustainability/) - [Masterplan](https://www.abamahotelresort.com/en/luxury-resort-tenerife/masterplan/) - [Map & Directions](https://www.abamahotelresort.com/en/luxury-resort-tenerife/map-and-directions/) - [Abama Library](https://www.abamahotelresort.com/en/luxury-resort-tenerife/abama-reading-room/) - [Properties to Buy](https://www.abamahotelresort.com/en/luxury-properties-tenerife/) - [Los Jardines de Abama](https://www.abamahotelresort.com/en/luxury-properties-tenerife/los-jardines-de-abama/) - [Las Villas del Tenis](https://www.abamahotelresort.com/en/luxury-properties-tenerife/las-villas-del-tenis/) - [Villa Plots & Custom Villas](https://www.abamahotelresort.com/en/luxury-properties-tenerife/luxury-villa-plots/) - [Property listings](https://www.abamahotelresort.com/en/property-search/) - [Hotels](https://www.abamahotelresort.com/en/holiday-accommodation/) - [Los Jardines de Abama](https://www.abamahotelresort.com/en/holiday-accommodation/los-jardines-de-abama-suites/) - [Las Terrazas de Abama](https://www.abamahotelresort.com/en/holiday-accommodation/luxury-apartment-rentals-tenerife/) - [The Ritz-Carlton, Abama](https://www.abamahotelresort.com/en/holiday-accommodation/ritz-carlton-abama/) - [Sport & Leisure](https://www.abamahotelresort.com/en/sport-and-leisure-luxury-resort-tenerife/) - [Golf](https://www.abamahotelresort.com/en/sport-and-leisure-luxury-resort-tenerife/golf-breaks/) - [Tennis & Paddle](https://www.abamahotelresort.com/en/sport-and-leisure-luxury-resort-tenerife/tennis-paddle/) - [Beach & Pier](https://www.abamahotelresort.com/en/sport-and-leisure-luxury-resort-tenerife/beach/) - [Blog](https://blog.abamahotelresort.com/) - [Contact](https://www.abamahotelresort.com/en/contact/) - [Resort](https://www.abamahotelresort.com/en/luxury-resort-tenerife/) - [Lifestyle](https://www.abamahotelresort.com/en/luxury-resort-tenerife/lifestyle/) - [Destination](https://www.abamahotelresort.com/en/luxury-resort-tenerife/holiday-destination/) - [Facilities](https://www.abamahotelresort.com/en/luxury-resort-tenerife/facilities/) - [Masterplan](https://www.abamahotelresort.com/en/luxury-resort-tenerife/masterplan/) - [Map & Directions](https://www.abamahotelresort.com/en/luxury-resort-tenerife/map-and-directions/) - [Galleries](https://www.abamahotelresort.com/en/luxury-resort-tenerife/galleries/) - [Films](https://www.abamahotelresort.com/en/luxury-resort-tenerife/films/) - [Properties to Buy](https://www.abamahotelresort.com/en/luxury-properties-tenerife/) - [Los Jardines de Abama](https://www.abamahotelresort.com/en/luxury-properties-tenerife/los-jardines-de-abama/) - [Las Villas del Tenis](https://www.abamahotelresort.com/en/luxury-properties-tenerife/las-villas-del-tenis/) - [Villa Plots & Custom Villas](https://www.abamahotelresort.com/en/luxury-properties-tenerife/luxury-villa-plots/) - [Hotel Stays](https://www.abamahotelresort.com/en/holiday-accommodation/) - [Sport & Leisure](https://www.abamahotelresort.com/en/sport-and-leisure-luxury-resort-tenerife/) - [Golf](https://www.abamahotelresort.com/en/sport-and-leisure-luxury-resort-tenerife/golf-breaks/) - [Tennis and Paddle](https://www.abamahotelresort.com/en/sport-and-leisure-luxury-resort-tenerife/tennis-paddle/) - [Beach and pier](https://www.abamahotelresort.com/en/sport-and-leisure-luxury-resort-tenerife/beach/) - [Blog](https://blog.abamahotelresort.com/) - [Contact](https://www.abamahotelresort.com/en/contact/) Posted by Elodie Casolà 13/03/2024 [Properties](https://blog.abamahotelresort.com/tag/properties) # Buying a home in Tenerife: the charms of a singular destination ![Buying a home in Tenerife at Abama Resort](https://blog.abamahotelresort.com/hubfs/buying%20a%20home%20in%20Tenerife%20at%20Abama%20Resort.jpg) Some decisions mark true turning points, and buying a home in Tenerife is one of them. In recent years, the largest of the Canary Islands has gained traction in the luxury real estate sector for the host of advantages it offers. A perfect balance of nature, climate, location and service quality mean that its high-end real estate products are attracting investors seeking extraordinary opportunities in exceptional destinations. Proof of this trend is that [the Canary Islands are now one of the Spanish autonomous communities with the highest demand for luxury housing](https://blog.abamahotelresort.com/demand-grows-for-luxury-homes-in-tenerife-as-second-residences?hsLang=en), though its supply only covers 3% of the market. Few properties are available for a growing group of potential clients, most of whom come from Nordic countries. Their first contact with Tenerife as tourists is love at first sight, and then they begin to consider the purchase of a property that will assure them a safe, quiet and comfortable place for their holidays. Below, we list some of the most outstanding advantages of this destination and its real estate investment possibilities. ## Strategic location and easy access Tenerife is strategically located on the Atlantic Ocean, making it a key point of connection between Europe, Africa and the Americas. European buyers appreciate its accessibility, with frequent direct flights from most major cities on the continent. This is an advantage that not only facilitates frequent visits to the island, but also makes it an ideal location for a holiday rental that can increase short-term returns on investment. ## Stable climate and tranquility Tenerife's climate is undoubtedly one of its greatest assets. With more than 300 days of sunshine a year, mild summer temperatures and mild winters, the Canary Island offers a peaceful winter getaway for outdoor sports such as golf or tennis, and a safe place to retire. In addition, its biodiverse natural environment, featuring beaches, volcanic landscapes, cliffs and forests, provides a variety of outdoor activity options like hiking, biking and watersports, ideal for a healthy lifestyle. ## Luxury properties and innovative architecture The luxury properties in Tenerife are varied and of high quality. From detached villas to spacious apartments, there is a wide range of options to suit all tastes. At Abama Resort Tenerife, innovative architecture is an essential element of each real estate product. In the [Las Villas del Tenis](https://www.abamahotelresort.com/en/luxury-properties-tenerife/las-villas-del-tenis/) community, for example, the terraced terrain is leveraged to advantage so each villa has an excellent view of the golf course and the island of La Gomera. And in our [Los Jardines de Abama](https://www.abamahotelresort.com/en/luxury-properties-tenerife/los-jardines-de-abama/) apartments, contemporary design allows you to contemplate the horizon from any angle, thanks to open-plan layouts bathed in natural light. ## Tax incentives and legal stability Spain offers several tax incentives for foreign investors that make buying a home in Tenerife even more attractive. Corporate tax in Spain is 25%, an average rate within the Euro Zone, but there are several tax exemptions that can reduce the effective tax rate to around 20%. As for Tenerife, the island is part of the Canary Islands Special Zone (ZEC), which has its own economic and fiscal regime under European legislation. Thus, the corporate tax rate is only 4%, and other exemptions can be added, such as those in investment assets. ## Continued demand and growth potential As tourism in Tenerife strengthens and demand for luxury properties continues to rise, the island's real estate market is gaining ever-more-solid long-term growth potential. This means that a real estate investment in Tenerife not only offers a unique lifestyle in the short term, but also the opportunity for future returns through holiday rentals and real estate appreciation. With its enviable climate, quality architecture, a wide variety of sports and leisure activities within easy reach and attractive tax incentives, buying a home in Tenerife is one of the most attractive options when it comes to [property for sale in Spain](https://blog.abamahotelresort.com/property-for-sale-in-spain-key-investment-factors?hsLang=en).   ##### Published in category [Properties](https://blog.abamahotelresort.com/tag/properties) ##### Share this post - [facebook](http://www.facebook.com/share.php?u=https://blog.abamahotelresort.com/buying-a-home-in-tenerife-the-charms-of-a-singular-destination) - [google-plus](https://plus.google.com/share?url=https://blog.abamahotelresort.com/buying-a-home-in-tenerife-the-charms-of-a-singular-destination) - [twitter](https://twitter.com/intent/tweet?url=https://blog.abamahotelresort.com/buying-a-home-in-tenerife-the-charms-of-a-singular-destination&text=Buying%20a%20home%20in%20Tenerife:%20the%20charms%20of%20a%20singular%20destination) - [linkedin2](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.abamahotelresort.com/buying-a-home-in-tenerife-the-charms-of-a-singular-destination) ### Recent posts [![Build a private villa in the Canary Islands’ premier resort](https://blog.abamahotelresort.com/hs-fs/hubfs/buy-a-plot-of-land-canary-islands%202.jpg?width=638&name=buy-a-plot-of-land-canary-islands%202.jpg)](https://blog.abamahotelresort.com/build-a-private-villa-in-the-canary-islands-premier-resort?hsLang=en) Posted 06/07/2026 [Build a private villa in the Canary Islands’ premier resort](https://blog.abamahotelresort.com/build-a-private-villa-in-the-canary-islands-premier-resort?hsLang=en) [![Abama awards nominations 2026](https://blog.abamahotelresort.com/hs-fs/hubfs/Abama%20Nominations%202025-1.jpg?width=638&name=Abama%20Nominations%202025-1.jpg)](https://blog.abamahotelresort.com/abama-resort-award-nominations-2026?hsLang=en) Posted 30/06/2026 [Abama Resort Award Nominations 2026](https://blog.abamahotelresort.com/abama-resort-award-nominations-2026?hsLang=en) [![enjoy the night sky from your home at Abama](https://blog.abamahotelresort.com/hs-fs/hubfs/see%20astronomical%20phenomena%20this%20summer%20from%20your%20home%20at%20Abama.jpg?width=638&name=see%20astronomical%20phenomena%20this%20summer%20from%20your%20home%20at%20Abama.jpg)](https://blog.abamahotelresort.com/this-summer-enjoy-the-night-sky-from-your-home-at-abama?hsLang=en) Posted 25/06/2026 [This summer, enjoy the night sky from your home at Abama](https://blog.abamahotelresort.com/this-summer-enjoy-the-night-sky-from-your-home-at-abama?hsLang=en) [![Las unit in Las Atalayas villas Abama Resort](https://blog.abamahotelresort.com/hs-fs/hubfs/last%20unit%20in%20Las%20Atalayas%20Abama%20Resort.jpg?width=638&name=last%20unit%20in%20Las%20Atalayas%20Abama%20Resort.jpg)](https://blog.abamahotelresort.com/last-unit-in-las-atalayas-buy-a-luxury-villa-in-tenerife?hsLang=en) Posted 16/06/2026 [Last Unit in Las Atalayas: Buy a Luxury Villa in Tenerife](https://blog.abamahotelresort.com/last-unit-in-las-atalayas-buy-a-luxury-villa-in-tenerife?hsLang=en) [![Festivals and summer celebrations near your home at Abama](https://blog.abamahotelresort.com/hs-fs/hubfs/romerias%20and%20festivals%20near%20your%20home%20at%20Abama.jpg?width=638&name=romerias%20and%20festivals%20near%20your%20home%20at%20Abama.jpg)](https://blog.abamahotelresort.com/festivals-and-summer-celebrations-near-your-home-at-abama?hsLang=en) Posted 09/06/2026 [Festivals and summer celebrations near your home at Abama](https://blog.abamahotelresort.com/festivals-and-summer-celebrations-near-your-home-at-abama?hsLang=en) [![The finest move-in-ready luxury penthouse in Tenerife: Los Jardines de Abama](https://blog.abamahotelresort.com/hs-fs/hubfs/move-in%20ready%20luxury%20penthouse%20in%20Tenerife%20Abama%20Resort.jpg?width=638&name=move-in%20ready%20luxury%20penthouse%20in%20Tenerife%20Abama%20Resort.jpg)](https://blog.abamahotelresort.com/the-finest-move-in-ready-luxury-penthouse-in-tenerife-los-jardines-de-abama?hsLang=en) Posted 22/05/2026 [The finest move-in-ready luxury penthouse in Tenerife: Los Jardines de Abama](https://blog.abamahotelresort.com/the-finest-move-in-ready-luxury-penthouse-in-tenerife-los-jardines-de-abama?hsLang=en) #### Abama Resort Brochure 2019 Get your copy of the latest Abama Resort brochure today. 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