linkedin icon

Real estate in Tamaraceite

The Canary Islands in Spain, well-known for their warm weather and beautiful beaches, are becoming increasingly popular for real estate buyers and investors around the world. Tamaraceite, a hidden treasure in the island of Gran Canaria, is an ideal location if you’re on the hunt for an idyllic home or an investment property tucked away in a tranquil setting by the sea. This charming hamlet, with its verdant landscapes and iconic Canarian architecture, is affectionately known as the "Green Oasis" for its picturesque layout and breathtaking views. Before delving into the real estate search, it's important to understand the property market in Tamaraceite, what types of properties are currently on offer, and the price range for acquiring a vacation home in such an exceptional setting. The town offers a wide variety of options, ranging from traditional houses to modern apartments, all characterised by the distinct Canarian charm. So, before you call your local real estate agent, do your research about the current market trends in the area, the types of properties on sale, and the average cost of owning a home in Tamaraceite. This will help you make an informed decision about your investment in this prime location in the Canary Islands.

Tamaraceite properties: Market trends overview

The Tamaraceite real estate market has been consistently witnessing a positive growth in property prices, making it an appealing destination for international investors, particularly from Scandinavian nations, the UK, Germany, and the USA. The charm of Tamaraceite lies in its excellent coastal location that gives individuals the opportunity to lead a relaxed life while also enjoying a lively vacation thanks to a variety of leisure centres and its close proximity to the bustling city of Las Palmas. Tamaraceite is renowned for its stunning coastlines, rich cultural history, and a superior lifestyle. Over the past few years, the local authorities have shown a rising interest in the development of the city, offering a wide range of real estate options for both domestic and international property buyers. These properties range from contemporary townhouses and apartments to modern villas, traditional fincas, and luxury penthouses. The process of finding properties for sale in Tamaraceite, Spain, that match different budgets and lifestyle choices is straightforward, making this coastal city extremely welcoming to foreign buyers. The variety of properties, coupled with the city's warm hospitality and vibrant culture, makes Tamaraceite a gem in the Canary Islands' real estate market.

Average price of a property for sale in Tamaraceite

What can you expect to pay for a property in Tamaraceite, Canary Islands? While it's tough to provide a precise answer due to several influencing factors, one can consider aspects like the type of property, distance to the historic center and local beaches, available amenities, and individual preferences such as luxury features, property size, accessibility, etc. The most recent statistics show that the highest asking price for a property for sale in Tamaraceite was €2,506 per square meter. The most costly properties are in the San Lorenzo-Tenoya area. Contrarily, the district with the lowest prices, an average price per square meter of €1,846, is the Lomo Los Frailes-Tamaraceite area. The average listing price for a house in Tamaraceite is presently around €534,529.

Types of properties can you find in Tamaraceite

Tamaraceite, in the Canary Islands, Spain, boasts a wide array of property types, including condos, luxurious lofts, premium coastal bungalows, and characteristic Canarian homes. The most desirable real estate can be found in secure housing developments. There are 3-4 bedroom condos available with expansive patios and double-storey residences. These homes often come with their own private entrance and each level is equipped with large patios and a personal kitchen. Alternatively, you can choose a brand-new bungalow located in an enviable spot in Tamaraceite, with stunning sea views, within easy walking distance of the beach, and just a perfect spot to call home. The real estate market in Tamaraceite is as diverse as the beautiful landscapes of Canary Islands, offering a charming blend of modern and traditional living.