It stands in a quiet road in an international neighbourhood and costs €362,000, through Engel & V?rs.A villa in La Orotava, Tenerife (pictured, top) for €1.3m combines the charm of an Italian palm garden and Spanish architecture with fountains, archways, statues and a swimming pool. Origo Mare is being built along the entire beach of Majanicho, overlooking the Atlantic Ocean. The new community will be based around a wide boulevard with shops, restaurants, a sports complex with pools, tennis, squash and a museum The homes will be villas of up to five bedrooms. And now, people who are a little bit richer, are buying here.”A three-bedroom, three-storey house in Botanico, San Fernando, on Gran Canaria is typical of the sort of stylish properties available in the upmarket areas (pictured, bottom). Some places are crowded with fine beaches, expensive shops and houses, but others have just as lovely beaches and unspoilt countryside but they’re deserted.
“We have properties on the Canaries from £50,000 up to £800,000,” he says. “We sell studio flats and exclusive villas with 10 rooms, garages for eight cars and private pools. We have something for the factory worker and also for the millionaire. Christian Lautrey, general manager of amazingpropertyservices ( ; 00 34 922 717 166), is a great spokesman for the sheer diversity of properties available across the whole range of islands. Prices for a three-bedroom property are around £143,000, selling through Hamptons International ( ; 020-7589 8844). What’s not been helpful is a spate of television programmes giving prices as they were 12 months ago.
People watch them and ring up saying they want a one-bedroom flat by a pool for £40,000 We have to say that’s more like £140,000 now I really don’t know whether prices will continue to rise. If it is already renovated, then $400,000 (£220,000),” says Salazar. “You should be able to get an 80 per cent mortgage and the house will rent well. Waterside Properties: 001 (023) 8023 0066;Key West: Ed Salazar Real Estate: 001 (305) 304 0762, . It also has a charm that is conspicuously lacking from the rest of the Florida Keys and has been home at various times to Ernest Hemingway, Tennessee Williams and many more.”You can buy a two-bedroom Conch house near the historic centre for $350,000 (£195,000). The island is the last outpost of the US and has benefited from the very factors that have kept American citizens away from other Caribbean destinations. Prices in Key West have rocketed by 35-60 per cent in the last year, says Ed Salazar, President of the Key West Association of Realtors.
