Buying Property in Tenerife — Professional Guidance for UK & EU Buyers

Are you considering buying a property in Tenerife? Perhaps you are comparing available options, or have already found a home you like and need to confirm its legal status. At Lumax, we provide comprehensive support for British and European buyers, assisting you at every stage of the purchasing process and ensuring full legal clarity.

How the Buying Process Works in Tenerife

During a consultation with our property specialist, you’ll be guided through the entire process of purchasing real estate in Tenerife.
We explain:

• Essential documents required for foreign buyers

• Ownership rights and responsibilities in Spain

• Applicable taxes and annual costs

• How mortgages work in Spain and what lenders require

• The full timeline of a standard property purchase

Consultations can be held in our office or by telephone, whichever is more convenient for you.

NIE Number & Spanish Bank Account Assistance

To purchase property in Spain, foreign nationals must obtain:

• A NIE (Foreigner Identification Number)

• A Spanish bank account

We organise both procedures for you, ensuring a fast and smooth process.

Full Legal Due Diligence & Independent Valuations

To guarantee the legal security of your purchase, we conduct complete due diligence:

• Checking for debts, mortgages, or encumbrances

• Reviewing the property’s legal status and registry documentation

• Ensuring the property complies with local planning regulations

• Obtaining updated information from the Land Registry

• Providing an independent valuation and expert price analysis

This protects you from any unexpected risks and ensures a safe transaction.

Preparing and Finalising the Purchase

We manage the entire process, including:

• Drafting the reservation contract and preliminary sales agreement

• Coordinating the notary appointment

• Providing an accredited interpreter

• Attending the signing of the notarial deed with you

• Supporting you through every administrative and legal step

Our goal is to ensure a transparent, stress-free experience from start to finish.

Property Management Services for UK & EU Owners

Besides assisting with the purchase, we offer a complete suite of property management services in Tenerife, including:

• Holiday rental management

• Long-term and short-term lettings

• Property valuations

• Interior design and renovation projects

• Legal assistance

• Inheritance procedures

• Power of attorney arrangements

• Insurance services

• Mortgage advice

• Official translations

• Consultancy and documentation support

We manage everything from tax payments to rental administration, helping international owners enjoy reliable and worry-free income from their property.

Trust our team — and your Tenerife property will remain secure, well-managed, and consistently profitable.