Tourism and property prices in a holiday Island Economy

Tourism directly affects Tenerife property prices because people love being on holiday and have spare time to dream. Dreaming of a home in the sun is not uncommon. From there, an innocent browse at an estate agent’s window can often lead to some property viewings.

Sunshine is the most important factor that makes people fall in love with Tenerife. Most holiday destinations are very quiet in the winter months, but Tenerife is bustling. Others, such as Dubai tend to be too hot in Summer. Tenerife

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