A luxury town on Tenerife‘s west coast is attracting a wave of tourists, despite the troubling surge in issues it currently faces.
Known for its breathtaking landscapes and upscale amenities, this hotspot is drawing visitors and investors alike.
The town’s natural beauty is a major draw. From the towering Los Gigantes cliffs to golden beaches and volcanic terrains, the area offers stunning scenery.
Its clear Atlantic waters are a haven for water sports enthusiasts, and the nearby Teide National Park boasts scenic hiking trails.
Luxury amenities abound, with high-end resorts, exclusive beach clubs, gourmet restaurants, and designer boutiques catering to affluent tastes. The town is also home to world-class golf courses and wellness centres, adding to its allure.
Significant investments in infrastructure have improved accessibility. The expanded airport, upgraded marina, and enhanced road networks make it easier for tourists and investors to reach the area. These developments have bolstered the town’s appeal, drawing international property buyers seeking a premium location.
Tenerife’s stable political and legal environment, low crime rate, and reliable healthcare system provide a secure setting for property investment.
As part of Spain, the island offers robust market regulations that ensure transparency and protection for buyers and sellers.
However, the town’s growing popularity has led to rising real estate prices and increased demand for luxury properties. With limited land available, the promise of long-term capital growth and attractive rental returns makes the area appealing to investors. The Canary Islands’ favourable tax conditions, including incentives for non-resident property owners, further enhance this appeal.
Despite these positives, the town is grappling with a surge in issues due to the influx of tourists. Concerns over sustainability and the impact on local life are mounting.