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Real estate in Candelaria
The Canary Islands, known for their exotic landscapes and vibrant culture, are a magnet for property buyers and investors from around the world. Candelaria, a coastal town located on the eastern part of Tenerife, is worth considering if you're hunting for your dream home or an apartment set against the backdrop of pristine beaches and stunning ocean views. This charming municipality, known for its beautiful basilica and historic waterfront promenade, is also fondly referred to as the "City of the Guanches" for its significant archaeological and cultural heritage. Before you reach out to a Candelaria real estate agent, it's beneficial to understand the local market dynamics, the type of properties available for sale, and the cost of owning a vacation home in this extraordinary location. Similar to the Andalucia region, the property market here is diverse, ranging from traditional Canarian-style houses to contemporary beachfront apartments. Whether you're looking for a quiet retirement home, a bustling holiday retreat, or a profitable investment opportunity, Candelaria in the Canary Islands offers a unique blend of cultural charm, natural beauty, and a promising real estate market.
Candelaria properties: Market trends overview
The property market in Candelaria, Canary Islands, Spain has seen a moderate increase in its prices, initiating interest particularly from investors originating from various countries such as Scandinavia, the United Kingdom, Germany, and the United States. Located beautifully by the coastline, Candelaria presents an unbeatable opportunity to harmonize a relaxed way of living with an energetic holiday lifestyle, thanks to plentiful leisure facilities and golf resorts, and easy access to the lively Santa Cruz de Tenerife. Candelaria showcases an enchanting coastal ambiance, a wealthy cultural background, and an exceptional standard of living. Over the years, the local authorities in Candelaria have been amplifying efforts in town development, providing an array of real estate possibilities for domestic and international property buyers. These include cutting-edge townhouses, apartments, contemporary style villas, classic fincas, and penthouses. Locating properties and apartments for sale in Candelaria, Spain, that accommodate every budget and lifestyle needs is effortless, making the picturesque town an increasingly attractive destination for foreign purchasers.
Average price of a property for sale in Candelaria
What kind of budget should you anticipate for properties in Candelaria? The pricing can significantly vary, with many determinants playing a pivotal role, such as the type of property, its closeness to key points of interest like the historic center and beaches, facilities provided, and individual preferences like luxury elements, size, ease of access, and so forth. Updated data reveals that the steepest asking rate for properties for sale in Candelaria was around €2,583 per square meter. The most pricey properties can be found in the Caletillas-Puntal area of Candelaria. However, more affordable options can be found in the Malpaís de Candelaria area, with an average price per square meter of about €1,907. Presently, the median listing price for a house in Candelaria hovers around €549,774.
Types of properties can you find in Candelaria
In the picturesque setting of Candelaria, located in the Canary Islands, Spain, you can find a wide variety of properties that cater to different tastes and budgets. These range from modern apartments, lavish penthouses with stunning views, to exclusive beachfront properties and traditional Spanish villas. Many of the best properties are situated in secure residential communities, with most apartments offering 3-4 bedrooms and expansive terraces. Many homes are constructed over two levels, each with its own separate entrance, spacious terraces, and fully equipped kitchen. If you prefer a more luxurious lifestyle, there are newly built villas nestled in prime locations in Candelaria, offering breathtaking views of the sea. With the beach within walking distance, and the tranquil ambiance of the area, it proves to be an idyllic place to call home.