For new developments in Tenerife, you should plan an additional 8–10% of the purchase price to cover taxes and legal costs.
These are standard one-time expenses when buying property in the Canary Islands:

• IGIC (Canarian Tax) – 7% of the purchase price.

• AJD (Legal Acts Tax) – 1% of the purchase price.

• Notary & Land Registry Fees – €1,200–2,000 (approx.).
  (Varies depending on the number of owners and pages in the Title Deed)

Your payments are fully protected by a mandatory surety insurance. This insurance guarantees:

• Full refund of all amounts paid, including legal interest, in the unlikely event that the developer does not complete or deliver the property.

• All payments are held in a special secured account, used exclusively to finance the project.

• The insurance policy is issued individually for each unit and buyer, ensuring personal protection for every client.

This means your investment is fully safeguarded throughout the entire construction process.
The buyer does not pay any additional agency commissions – all fees are covered by the seller.

Yes. You will be able to select from furniture packages to personalize your home to your taste.

Yes. Property prices may gradually rise as construction progresses and demand grows. Purchasing early allows you to secure the best price and the most attractive units – with strong potential for value appreciation during the building phase.

You can always consult us for the latest price list and availability.