linkedin icon

Properties for Sale in Arico el Nuevo, Canary Islands, Spain

Per page:24
Sort:Relevance

Real estate in Arico el Nuevo

The Canary Islands in Spain, especially the Arico el Nuevo region, have captivating allure that draws a lot of attention from overseas property-buyers and investors. If you're on the hunt for your dream home, or planning to buy a rental apartment in a location blessed with eternal summer and pristine beaches, consider looking into Arico el Nuevo. This attractive village in the province of Santa Cruz de Tenerife, with its mountainous terrain and quintessential Canarian houses, is often referred to as "El Pueblo Dorado" or "The Golden Village" due to its stunning sunlit landscapes and architecture. Before reaching out to a local real estate agent in the Canary Islands, take some time to familiarize yourself with the property market in Arico el Nuevo. Find out what properties are for sale, and get a general idea of what the investment would be for a holiday home in this extraordinary location. Known for its traditional charm combined with modern conveniences, Arico el Nuevo has a varied real estate offering, from rustic country homes to contemporary villas. Its unique appeal and warm, sunny climate make it an ideal spot for those seeking a peaceful place to call home or an excellent rental investment opportunity.

Arico el Nuevo properties: Market trends overview

Residing in the Canary Islands is the picturesque village of Arico el Nuevo, where the real estate market is witnessing an uninterrupted rise in value. This strategic location is attractive to both local and foreign investors, with particular interest from the UK, United States, Germany, and Scandinavian nations. The appeal comes from the perfect blend of tranquillity offered by the traditional Canary lifestyle and the dynamic tourist vibe, thanks to nearby recreational facilities, resorts, and the accessibility to lively Santa Cruz de Tenerife. Arico el Nuevo, typified by its traditional architecture combined with modern aesthetics, features a range of property options for potential buyers. From functional apartments to modern villas, traditional Canarian houses, and luxury penthouses, there's something to suit all budgets and lifestyle choices. Notable investments have been made by local authorities to further develop the town, providing a broader selection for both local and international property seekers. As a result, Arico el Nuevo's real estate market is considered one of the most foreigner-friendly on the Canary Islands. Its charming blend of local traditions, stunning nature, and the vibrant atmosphere has set Arico el Nuevo apart as a unique investment and residential choice.

Average price of a property for sale in Arico el Nuevo

What would be the typical budget for a property in Arico el Nuevo? The amount is hard to determine due to many aspects that impact the price, such as the category of the property, distance to popular tourist attractions and beaches, availability of facilities, and individual preferences (grandeur, area, convenience, and so on). Recent data indicate that the maximum listing price for a property for sale in Arico el Nuevo was €2,405 per square meter. The priciest properties are typically found in the Arico Viejo-Arico Nuevo area. On the other hand, properties in the El Poris-La Listada region are usually more affordable, with an average price per square meter of €1,839. The average asking price for a property currently sits at about €540,569. The value, however, can vary significantly depending on the unique features and location of each property.

Types of properties can you find in Arico el Nuevo

In Arico el Nuevo, Canary Islands, Spain, the real estate market offers a variety of unique properties, ranging from cozy apartments, luxury lofts, exclusive beachside townhouses, to traditional Canarian cottages. The most desirable properties are located within secure residential complexes. Here, you can find apartments with 3-4 bedrooms and expansive terraces as well as 2-story houses. Each level of these houses features individual entrances, spacious terraces, and fully-equipped kitchens. Another excellent option would be a newly-built villa, situated in the elite area of Arico el Nuevo, Spain, boasting sea views. These properties are just a short walk from the beach making them an idyllic place for a permanent residence. The diversity in properties means that whether you're looking for a modern living space or a traditional Canarian home, you'll find something that suits your requirements in Arico el Nuevo.