Playa de las Americas
Playa de las Americas is called the informal capital of tourist Tenerife (south of Tenerife). The city is located in the southwest of the island, in the municipality of Arona. Back in the middle of the last century, there was practically nothing here, but in 1970, a picturesque corner on the Atlantic coast was noticed by investors from the United States. So began the massive construction of resort infrastructure. And since the first hotels were built by Americans, who rested right here, the name “Beach of Americans” stuck to the city.
Playa de las Americas – Tenerife Business Card
Most of the tourists who bought trips, it turns out here. Nightlife is bustling in the city: young people “hang out” in bars and nightclubs – Papagayo beach club, Monkey Beach club, Magic and many others. In addition, the only casino in the south of the island operates at Playa de las Americas. The resort has a street of the same name with boutiques of famous brands – Gucci, Armani, Rolex and others for which it received its second name “Golden Mile”. We also note Piramide de Arona – the theater, famous for its flamenco shows and other performances. In general, this is the most “hyip” and popular place of the island.
Buy apartment in Tenerife in Las Americas
It is not surprising that real estate in this city is quite expensive, to be more precise, this is one of the most expensive areas. Now in the course of two and three bedroom apartments. Depending on the distance to the beach, the cost of a one-bedroom apartment (one-bedroom apartment) is from € 145,000 to € 280,000 (on the first line of the ocean). The cost depends on the type of property, location (proximity to the beaches and the ocean), area, number of bedrooms, condition of the complex and the apartment itself. Not unimportant factor is the presence of the terrace and ocean view.
It should be understood that 80% of housing in the city of Las Americas – is the “secondary housing” 70s-80s of construction. In the nineties, most of the fund was repaired, but only externally, painted and updated the facade of the buildings. So that property owners have problems with electrical wiring wear plumbing pipes. Not all homes and complexes have the ability to connect high-speed Internet, since the fiber-optic cable is only now “coming” to the southern part of Tenerife. So if you are accustomed to the rate of 100 Mbit / s, a “surprise” awaits you in Tenerife, today it is a great rarity in the south of the island.
Despite the disadvantages associated with the age of buildings, housing in Playa de las Americas is the most liquid and in demand all year round. Most people buy local property to spend several months a year in Tenerife. This is a good investment from the point of view of rental potential: since tourists from all over the world come here without a break (we remind you that there is no winter in Tenerife), you can earn money on rent: the average cost of which is 350-450 euros per week in a single apartment.
