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Tuesday 7 June 2011

Investment opportunities in Canary Islands

Charming Canary Islands: Over a staggering 10 million tourists visit the ‘Canaries’ each year and so to say that the Canary Islands are popular would really do them no justice at all. With 4 national parks and 141 protected nature reserves adding to the inherent beauty of this oceanic paradise, surely the only thing missing is you! With 8 airports or 41 ports that allow easy access to the islands, a relaxed atmosphere that’s clearly enjoyed by its inhabitants awaits.

Canary Islands Property: A number of vastly varying investment properties can be bought amidst the serenity offered in this glorious region, from fully detached private seafront villas to sharply finished apartments within an accommodating residential complex. Whatever is right for you, remember each investment opportunity is likely to be as alluring as the last and with the tranquil ocean views that come free of charge with each, you’re sure to enjoy your prestigious property purchase.

The actual Canary Islands: Gran Canaria, Tenerife, Lanzarote, La Palma, La Gomera, El Hierro, Fuerteventura and La Graciosa are the Canary Islands, seven islands of volcanic origin and various terrains in the Atlantic Ocean, off the north-western coast of Africa. Their name derives from the Latin term Insula Canaria, meaning Island of the Dogs, inspired by an evidently notable population of large fierce dogs, the most striking element for the ancient Romans who named the islands. This Atlantic sun soaked paradise is perfectly tempered by both the cool ocean breeze as well as the ‘trade’ winds that come in from the mountains to create a more than comfortable climate in a region that’s simply breathtaking.

Investment opportunities in Canary Islands: With mortgages generally in place within 15 working days after a notably easy application process that requires minimal financial information, one of Europe’s lowest interest rates is yours to appreciate. Banks in the Canary Islands will finance you a percentage of the overseas property valuation as opposed to the actual selling price which is sometimes higher than the actual purchase price. Usually an investor buying property in the Canary Islands can expect a return somewhere in the region of 15-20% total capital growth.

If you want to buy or rent properties check our website

source: DSR

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