By overseas property expert Chris Hall based in Norwich.
Those that have a perception of Tenerife as a holiday hotspot where tourists enjoy the beach during the
day and get drunk in The Veronicas at night should think again. Since 2000, the South of Tenerife has been upgraded to an exclusive holiday resort with no less than five 18-hole golf courses. Most of the discos in the Veronicas district have been closed by the local government, streets have newly paved areas and more palm trees have been planted. There is also the five-star coastal area of Costa Adeje. After opening the five-star hotel Bahia del Duque and creating a white sand beach with the same name, many other five-star hotels and luxury shopping centres have completed the upper class feel of this region. The last (and ultimate) addition to this area is the residential area of the old fisherman’s village La Caleta. It’s next to the world famous Costa Adeje Golf Course and the recently opened Tenerife Top Training Sports Center. Flying to Tenerife is now cheaper than ever. The Canary Islands has eliminated landing taxes for airlines, so it is now possible to travel there for as little as £15. The luxury property market has taken advantage of these recent changes. One of the new luxury projects is the Caleta Palms project, in La Caleta. It is a small luxury five-star project with 50 apartments and is fully funded by Belgian investors. The project was expected to be finished in August 2010, but due to the economic climate and better availability of contractors and financial strength of the developers, buyers might be able to enjoy their properties in June. More than 60pc of the apartments are sold to British and Belgian buyers. The uniqueness of this project lies in the fact that it has been integrated with the volcanic rocks, with beautiful staircases and an exclusive reception area. All apartments should enjoy sun from sunrise, have large terraces and be built with high quality materials. Caleta Palms includes a hotel reception service and next to the private swimming pool or Jacuzzi at each apartment there will be a spa, a community, adult and children’s swimming pool as well as an artificial white sand beach for those who prefer to stay at home. The resort is walking distance from the sports centre, the Costa Adeje Golf Course and the village of La Caleta. All owners receive a special membership of the Costa Adeje Golf. In this segment the price of apartments starts at around £450,000 and availability is limited.
*For more information contact Chris Hall on 01603 700007