Tee Time in Tenerife

02.11.15

Garnering a reputation as a golfers’ paradise with its affable climate and growing portfolio of courses – Tenerife has fairway investors firmly in its sights. Laura Henderson reports

Known as ‘the island of eternal spring’ due to its balmy temperatures - swapping swimming trunks and shades for a jaunty pair of plus fours and a visor isn’t unusual holiday practice on Tenerife; the singular pleasure of strolling the fairways under blue skies making it the ideal destination for some quality tee and green action enhanced by an impressive choice of course (nine in total) including the 2nd oldest club in Spain the celebrated Real Club de Golf de Tenerife.

In fact this lush, volcanic island is increasingly proving to be something of a magnet for golf tourism; the successful staging of several high profile championships including the Spanish Ladies Open held at Golf Costa Adeje last autumn with the International Golf Travel Market (IGTM) being hosted in Costa Adeje this coming October helping to enhance the island’s reputation as a premium golf destination.

The largest of the Canary Islands, Tenerife first registered on the holiday radar back in the 50s and 60s with the growth of passenger air travel. Visitor numbers have been building ever since with five million+ tourists now heading to the island every year, (1.6m alone from the UK in 2013). This has resulted in increased demand for holiday homes as well as rental accommodation, with a growing portfolio of luxury golf real estate now entering the accommodation mix.

According to Anton Sorokko of Century 21 Asten, Tenerife’s economy has proven more resilient to the after-shocks of the 2008 recession than mainland Spain. “Historically prices on the island have always been a little higher too – a 10-20% differential - due to restricted supply with little of the new build excess that has blighted the Costas. Property options nevertheless offer a representative mix from studio apartments a few minutes’ drive inland from the coast for as little as £100,000 to expansive luxury villas with dramatic ocean views for upwards of £2 million.”

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Location wise – among the most sought after areas for purchase are along the northern coast near sophisticated Puerto de la Cruz and the Costa Adeje in the southwest. “Puerto De La Cruz has seen fresh interest from German and Scandinavian buyers,” confirms Desiree Kotteck of Engel and Volkers. “New markets like Russia and Eastern Europe are also growing, and will be important for the island’s future investor profile.”

Situated on the sheltered west coast between the resorts of Callao Salvaje and Playa San Juan, and stealing a march for luxury fairway living is The Abama Luxury Residences. Listed as one of the top ten European beach resorts by Conde Nast Traveller, this stunning 160 hectare community consists of the magnificent 5* Abama Golf and Spa Resort together with a limited edition collection of luxury apartments, penthouses and villas.

A standout feature of the residences, explains Director of Marketing Elodie Casola, is the originality of their design: “Celebrated architect, Bolivian-born Melvin Villarroel came up with the initial concept,” she explains. “The properties have been designed to maximize views, to integrate buildings with their surroundings and to retain stone walls, fences and local tropical vegetation. Architectural accents and property layouts draw inspiration from North African traditions and ancient Chinese Feng Shui principles, with tastefully dressed interiors that also reflect those influences. ”

Buyers, adds Elodie, have three property options to choose from. “Custom Villa Plots occupy front line positions on the golf course and allow owners to custom design their dream home. 2 storey villas can be built with the possibility to develop private gardens and a pool. Access to the resort’s architects can also be facilitated on request.”

Recently released Abama Bellevue Villas meanwhile will feature internal surface areas of 260 square metres on plots of approximately 500 square metres. Each property will come with private parking, pool and a mini-pool on the first floor and make for the perfect family home.

Option three - two and three bedroom Abama Terraces apartments range from 130 square metres to 220 square metres and boast balconies overlooking the ocean and tropical gardens. Terraces apartments start from €350,000, Bellevue Villas from €1,650,000, and Custom Villa Plots from €300,000. Custom Villas meanwhile start from approximately €2million (including plot, construction, permits, licences and fees).

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A fairway treat for golfing residents is the sea fronting Dave Thomas designed Abama golf course. Rambling over 6,271 metres of challenging terrain with spectacular views of the Atlantic and the island of La Gomera, it features 22 lakes linked by impressive waterfalls and white-sand bunkers, yet is accessible to players with high handicaps and a challenge even for the most experienced golfer.

For non-playing owners and an integral part of the home purchase package - buyers also have access to the full portfolio of resort services and facilities including the tennis club, luxury spa designed by the team behind the Sanctuary in London and Chiva Son in Thailand, and two Michelin starred eateries.

Of the international demand for properties, Casola adds: ‘We have sold to a variety of nationalities including British, Belgian, Russian, Norwegian, Swiss and Austrian. All have been impressed by the beauty of the location, and the quality of the amenities. The golf course could be said to be the icing on the cake.”

Abode Affiliates

  • BDO
  • Dost & Co
  • St Francis Links
  • St Edward
  • Ibiza Transit Express
  • Panorama
  • Pedini London
  • Alexander James
  • Cyan International Properties
  • MG&AG
  • Ultra Villa
  • Gama Property
  • Wings
  • Worldwide Dream Villas
  • Touch Design Group
  • Prestige Architects
  • Strutt and Parker
  • Monaco Real Estates
  • Enigma Yachts Limited
  • Jumeirah
  • Knight Frank
  • Alleyne Real Estate
  • Smart Currency Exchange
  • Cornerstone Tax Advisors
  • Crane Resorts
  • RDO
  • Rosemont Consulting
  • Worldwide Property
  • Unique Home Stays
  • The Hideaways Club
  • Heron Real Estate
  • Habitat First Group
  • Dimora
  • Moore Stephen
  • Lida Cucina
  • Edenhurst
  • Coldwell Banker
  • Wall Street Luxury
  • Blevins Franks
  • Destinology
  • Luxury Italian Living
  • 7Storeys
  • Oyster Yachts
  • CID
  • Yoo

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