10 things you should know before buying a property in Tenerife Spain - Full Video

[@sharonsimmons4003]

some brilliant advice Thankyou some of my questions were answered in your video

[@Tenerifepropertygroup]

I’m pleased Sharon. Thanks.

[@barryoneill1703]

I'm really thinking about selling my house in Ireland and moving to Tennerif,

[@Tenerifepropertygroup]

Let me know if you need help buying something here Barry.

[@astra0329]

Did you do it ?

[@dianparrotta2118]

Hi! I’ve been in Tenerife!! Finally! It’s lovely! I’m down by the white church in Los cristianos- I think I past your office!

[@Tenerifepropertygroup]

Yes Dian, that would have been close to the office there. Did you have a good time?

[@dianparrotta2118]

@@Tenerifepropertygroup yes! Loved it! I saw a picture of you on your office as I was passing! I should have stopped in!

[@Tenerifepropertygroup]

@@dianparrotta2118 Maybe next time.

[@bobsocks7575]

I understood that you couldn’t let out your property as a commercial rental opportunity, has this law changed?

[@Tenerifepropertygroup]

A lot has changed Claire.

[@CodingAbroad]

Is there stamp duty to pay? Any capital gains?

[@Tenerifepropertygroup]

No Stamp duty as you'd know it in the UK Andrew but one of the buying costs is 6.5% of the purchase price. Capital Gains tax is payable if there's a gain when the property is sold. This link may help you regarding the purchase proceedure - tenerifepropertygroup.com/video-buying-procedure-in-tenerife/ You can email me on [e-mail] for more answers if you'd like to.

[@darielsantana5680]

I live in the USA and the process is not different here,,lol.

[@Tenerifepropertygroup]

Similar where you are. 👍🏼