Buying a Property at Auction in Tenerife

Auctions in Tenerife - are a pioneering auctionproperty.
company that allows people selling property to comeYou can inspect the property at any time and arrange
into direct contact with those looking to buy property ina valuation if you need one.
Tenerife. Our new and unique online bidding systemProperty documents are available for checking in
allows prospective buyers to view property and bidperson prior to the sale.
online for any property on offer. There are no closingNB: If you are successful you will need to send a
dates on the auction and all bids are forwarded ontoEUR1,000 euro deposit once your bid has been
the vendors for their perusal. All successful bids will beaccepted. You will then have a further 14 days in
notified immediately.which to make up the remaining 10% deposit of the
Situated in Callao Salvaje on Tenerife's south coast,purchase price
Auctions in Tenerife is a Tenerife company which hasIf you are successful then you will be contacted by us
been set up by Les Calvert Director of Ltd (UK) andto make the necessary arrangements for purchasing
one of the largest independent property Portals on thea property - we will guide you through the process.
internet with over 50,000 properties featured fromAnd remember, if you have been unsuccessful then -
over 45 countries.please try again
With over 20 years in the Spanish and overseasPlease note that whilst Auctions in Tenerife take
property market Les is well placed to offer not onlyevery precaution to ensure the property and its details
advice on the local property market but also on theare correct, we can not be held liable for any
wider scale of opportunities across the world. Our aimmisleading information given by the property vendor or
is to bring Property Auctions in Tenerife out in to thehis agent. Properties are bought via Auction at the
property market arena by holding free and 'open tobuyers risk and the buyer is deemed to have taken
the public' auctions online. We will feature properties forlegal and professional advice.
sale by auction from private sellers, estate agents and5. What is a Guide Starting Price?
any other leading institutions be it Residential orA guide starting price is what we expect to start the
Commercial.bidding price from.
Please feel free to browse around our website and if6. What is the Reserve Price?
you feel that you would like to try our services forIn agreement with the vendor a minimum sale price is
buying, selling or auctioning your own property thenset, this is known as the Reserve Price. It has been
contact us now for a friendly chat.known that vendors do sometimes lower their reserve
Whatever your needs are regarding buying, selling orprice. All reserve prices are in confidence with the
auctioning property in Tenerife, Auctions in Tenerife willvendor.
be able to assist you and with an Aftersales Service7. How can I pay for my property?
second to none you are sure to enjoy the experienceIf you are successful then you will be contacted by us
of owning a home abroad. In addition to our Auctionand the buying process will be the same as a normal
Property we also have access to thousands of resaleproperty purchase in Spain but our team will guide you
and off-plan properties for sale throughout the island.through the buying process. Purchases can be paid for
Some FAQ's to ponder:-via a mortgage, loan or cash as you prefer.
1. Why buy a property from Auctions in Tenerife?8. How do I bid online?
We only feature properties that represent great valueBidding on line is very simple and straightforward.
for money in today's market.Search through our auction property and find the
We only feature clean titled properties.property that you would like to bid on. Underneath
We are the only free and transparent Auction Houseevery property in the auction section is a link to place
in Tenerife.a bid online "Make An Online Bid for this Property"
We don't charge a buyers fee.simply click on this link and complete your details. NB:
2. What are the advantages of buying property atYour bid will need to be higher than any previous online
Auction?bid if shown. We will then pass your bid onto the
The opportunity to acquire a property at below marketvendor and inform you of their decision. If the vendor
valuation.accepts your bid we will need your deposit and we
When the right price is achieved, you know it's yours.can then begin the purchasing process.
No complicated chains.9. Can I view the Properties for Auction?
Sales are normally completed within 28 days.Yes, simply contact us to arrange a suitable viewing
A wide choice of properties on which to bid.date and time.
Your purchase price is governed by you.10. Do you arrange inspection tours?
An open and secure method of buying property.We do not arrange inspection tours but we can
All legal documentation is clean and available.arrange for viewings and assistance with finding flights
There are no hidden costs.and accommodation locally.
There is no hard sell you are in complete control.11. How long before I complete the sale?
3. Who can buy at Auction?The sale process can normally completed within 1-2
Anyone can buy at our Online Auction. The website ismonths but in extreme cases this can be extended.
global and anyone can bid from anywhere. All bids are12. What are the costs of buying at Auction?
put forward to the owners and once a bid is acceptedOther than your normal legal costs - which your
the sale proceeds from there.lawyer will advise you of there are no further costs
4. How do I bid online for a property?involved. Auctions in Tenerife do not charge any fees
Bid on your selected property using our Make Anto the buyer and entrance to the auction is free of
Online Bid for this Property link accompanying everycharge.