INVESTMENT PROPERTY IN FUERTEVENTURA

Investment property in Fuerteventura is increasing in popularity; many tourists to the island are showing a lot of interest in new developments in Fuerteventura as holiday homes or retirement homes, many areas of the island are still developing and new complexes and individual villas are being planned to cope with the demand for investment property in Fuerteventura. Many investors are looking at buying off-plan in Fuerteventura which can bring great rewards; plots of land are available for investors who wish to build their own investment property in Fuerteventura.

Buying off-plan in Fuerteventura is a good option, reserving a property on a development that has not yet begun construction is a good opportunity for an investment property in Fuerteventura, developers will sell plots based on drawings and plans, the best properties go first i.e. penthouse, ground floor apartments with private gardens and corner plots. The more plots the developer can sell at this stage the better, once construction has begun on the off-plan in Fuerteventura and a show home is completed the price of any unsold off-plan in Fuerteventura increases, a deposit of 30% secures the off-plan in Fuerteventura with the remaining 70% payable on completion which takes approximately eighteen months to two years, many investors who buy off-plan sell before completion and make a handsome profit and have no capital gains tax to pay on their investment property in Fuerteventura, many investors buying off-plan in Fuerteventura do so with the intention of renting the investment property in Fuerteventura as a holiday home, the rental potential is guaranteed as Fuerteventura becomes increasingly popular as a favourite holiday destination for foreigners from all over the world.

There are many new developments in Fuerteventura as developers act on demand; complexes are normally low rise buildings, built to high specifications, new developments in Fuerteventura have quality fixtures and fittings and kitchens are complete with appliances such as cooker and fridge. Most accommodation has more than one bathroom including a shower, the exterior of these new developments in Fuerteventura are well maintained, communal areas are landscaped around swimming pools and outdoor seating areas, many new developments in Fuerteventura come unfurnished with the option to purchase furniture packs at very reasonable prices. Other types of new developments in Fuerteventura consist of villas and townhouses, some individually designed villas can also be bought off-plan in Fuerteventura, substantial savings can be made by purchasing off-plan in Fuerteventura.

The traditional investment property in Fuerteventura can be found inland in the small Canarian villages, farmhouses, fincas and townhouses with traditional Canarian features and will cost substantially less than modern investment property in Fuerteventura on the coast. Many of these still enjoy the same views, some are in need of renovation for the enthusiastic investor. This type of investment property in Fuerteventura provides good value for money and great potential for the investor to transform the investment property in Fuerteventura in to a luxury home or holiday accommodation with a rental return on the original investment, as many holiday makers are opting for self catering accommodation away from the hustle and bustle of the coastal regions.