See Our foreclosure List before the Banks!

With the dramatic fall in interest rates, savings held in banks are presently doing nothing more than keeping the doors open. Your savings are helping to fund the banks, and line the pockets of share holders. Without your savings, the banks would fall, and share holders would race to sell, looking for safer investments. So why is it, banks are now only giving us pennies and not pounds? If it's our money that is helping them, why are they not helping us? One thing you can be sure they are doing, is increasing their banking fees, tightening up on loans and charges, and waiting for you to slip up just once, so they can foreclose. Many shrewd investors have seen the credit crisis, as a valuable opportunities. Pulling their savings out of "Low Interest" savings accounts, and pumping it into valuable long term investments. What is a safe investment these days? well its still got be bricks and mortar. Property will always be here, the human race will always need it, unless we get nuked and have to live on mars. Castles built in the ages of old, are still here, and guess what, there worth a small fortune. So why do we keep our hard earned cash locked up in banks that would not even consider lending to us at this moment in time? Tate properties have some excellent connections, and have gathered a list of foreclosures, for people ready to buy. These properties are from burdensome people that the bank would not help, maybe you can. These properties are on the market at well below market value, and need to be sold fast before the banks greedy paws play foul. This is a time for financial war, against the bankers and financial experts who have run us into the ground. If you have savings, and would like to see our foreclosure list, before the banks, then contact us now. You maybe able to help another victim of this crisis, and keep the Bloody Banks away. Let's fight back, lets help those who need it, and laugh in the face of the credit crunch bankers. For more information on our Foreclosure Sales list, contact Phil at Tate Properties - 922 787 717

Credit Crunch Capitalism

The Euro zone chiefs met yesterday and confirmed another reduction in the Euro-bore interest rate. They have now lowered it from 4.5% in September to now just 2%. This reduction comes at a time when all countries are hitting recession. The USA are now experiencing 0% interest, something that I thought I would never see, from such a huge country once brimming with wealth. How the mighty have fallen, maybe the hand of God has taken a firm role, and tore down the fat cats pedestals, or maybe its just the work of crooks in bankers suits. We will never know, but what we are interested in, is how can we benefit from this economical downturn?
Well many would say we can't, put your money under your bed, and sleep on it every night. Your can't make interest on it anyway, so why should we give it to the banks to help pay Peter, and Paul. Others would say spend it, and enjoy it why you have it! But the clever investors of the world, embrace times such as recession, to mop up in the well of onlookers. They take there lump sums of cash from the crooked bankers, and begin to invest, extremely aggressively, in good old bricks and mortar. Knowing what they pay today, will be a fraction of what the property will fetch in say 10 years time. This is not for the quick sale fraudsters, their time has passed, and its now time for the challengeable investor to make his mark. When I say aggressive, I do not mean in the speed he will mop up his fortunes, I mean in the aggressive dealing techniques he will use to intimidate his vender, and purchase at the lowest possible price.
Property, will always be property, we will always be human, and always want some form of property to live in. So its a win win situation, they simply take from the worst situated venders financially, and sit on the property portfolio until countries once again bloom.
Tate Properties Tenerife have been sourcing out the venders who need to sell, and are only looking to repay their debts, off loading extremely valuable assets for ridiculous prices. Many people have spread their wings too far, and now the feathers are begriming to fray. Before loosing face, and becoming another statistic of the credit crunch, they are desperate to sell what they have and get the banks off their backs.
"We can source some extremely well located properties, at crazy prices" explains Phil Hornby their MD "It is only for the strength of our connections that we are exclusive to these types of deals, making huge financial gains to any prompt investor"
For further information on Credit Crunch Capitalism, why not contact the people who know!
Tate Properties Tenerife 902 881 061.

Interest Rates Cut to 2.5%

As expected, the European Central Bank has reduced interest rates by threequarters
of a percentage point to 2.5 per cent.
Prior to the announcement, some analysts were predicting an even bigger cut of
1 per cent.
This latest cut in interest rates by the ECB is the third in as many months, from a high of 4.25 per cent in September.
With fixed rate Tenerife Mortgages, this could be an excellent time for you to make a property in Tenerife yours!
Call us now for more details, and latest Tenerife property.
0034 922 787 717

Happy Christmas From Tate!

Tate Properties Tenerife are celebrating yet another Festive season in the sun. Tenerife's climate is guaranteed all year around, which makes the decision so much easier when choosing to relocate to Tenerife. Although Tenerife property has seen a fall in the last quarter, it is still holding well against many property markets of the world. Owning property in Tenerife for many residents and holiday home owners, offers more than financial happiness. It is of course as all bricks and mortar an excellent investment, especially if you can purchase property while markets are down. But it also becomes a place of sanctuary, a place you can always rely on, to be warm sunny and atmospheric. Spending time away from the hectic lifestyles full of stress and turmoil in the UK.
Property is now at an all time low, making it a real buyers market, and considering purchasing now, offers excellent opportunities. Our portfolio has some fantastic deals on Tenerife property, and also businesses for sale in Tenerife.
Simply pick up the phone or contact us via email, and we will talk you through the latest deals we have on offer, and explain the huge savings you can make purchasing through Tate Properties Tenerife.
Our experience in the Real Estate industry connects us to many Tenerife property constructors, and dealers, eager to off load some of their assets at rock bottom prices. We have a combined 20 years of experience with businesses in Tenerife, and can help to relocate you and your family into a new home, new business and prosperous new year.
May be you just want to wish the team in Tenerife a very happy Christmas, or thank us for helping you in the past, what ever you need you can be sure of Tate Properties Tenerife.

Economic Crisis Offer´s High Returns!

The economic crisis can be seen by many as a black hole in the worlds financial affairs. But the idea of pulling your money out of a banking system doesn't mean you have to hide it under your bed. Property in Los Cristianos is now a fantastic investment, with many vendors and property gamblers desperate for a sale. This can offer the novice investor a fantastic deal, with a much safer investment than the banks. Some Los Crisitanos property vendors have been holding on to their portfolio in the hope of a bright horizon. But now, with non in sight, are looking to off load much of their assetts at ridiculous prices. Tate Properties based in Los cristianos Tenerife has a valuable reputation for selling property in Los Cristianos fast. Many property investors know of our slaes success rate and have began to offer us some fantastic deals. If you have available cash, and are unsure of where to invest it, then a split between some of our outstanding deals could be a solid finaincial opputuinity. Yes, the markets at present are stagnent like the UK, with much media hype controlling their future. But they still always offer a great return to the long term investor. Some Tenerife property tycoons are ready to off load their assets at ridiculous prices, in order to save at very least their depsits. These gambling tycoons have spread themselves too thinly, in the hope of quick sales! We recently sold a 220´000 euros property for 90´000 euros, allowing the vendor to reclaim his deposit, and not fail the banks. These opportunities are now available, and if you have the investment, are safer in bricks and mortar, than they are in the worlds failing banking systems. Even with the injection of cash offered by the governments, the banks will still fail, and we will see more of them collapse. This is doom and gloom for the rich tycoons, as they watch the stocks and shares loose thousands every day. But for the average saver, wondering where to keep his cash, property investment is still top of the bill! To contact Tate Properties, call their Los Cristianos property Team and ask about the credit crunch property investments they have to offer. 0034 902 881 061 info@tate-properties.com

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Your First Steps to Relocation

If you have watched the news lately, you will see the increasing demand for relocation. The first destination being Australia, the second Spain. Relocation to Australia, is a mamouth task, flights are so long, and the possibility of family visits, far and few between. Thats fine if your looking for a good excuse to stay away from the mother in law. But if you have close family ties, its just not an option. Starting a new life so far from home can be a scary thought, but what about rethinking the second option, relocation to Spain.
The Canary Islands are only 4 hours from the UK, and offer eternal summers, with low cost living. Fuel is cheap, energy is cheap and rates are low, based on property size and location. The average wage maybe slightly lower, but the reduction in everyday living really does tip the scale. Income tax is lower than the UK at 15%, against the UK 40%, and your social security contributions are paid by your employer. This makes up for the lower wage, and leaves you with much more to spend on living. The Spanish, and Canarian motto's are simply "we work to live, not live to work".
With the location of the islands just off the coast of Morocco the islands are blessed with sunshine 356 days a year. Yes we do experience the rain, around Febuary, when for once in your life you can say your glad to see it. Then from around March to January, the climate stays around 24 degrees, a perfect living climate, according to the UK National Health Institute. Afternoons can be spent lazing around the pleasant beeches, or mixing with the locals experiencing the Canarian traditions. Fiestas are a must for Spanish culture, and living Spain means becoming involved with your village days of rest, streets fill themselves with decorations, and laughter is heard from the young and old. Children play happily, and are not wrapped in cotton wool or imprisoned from the rain.
Relocating is now a simple process, the Islands are part of the EU citizenship, making emigration here a breeze. A visit to the local town hall once your settled will provide you with a temporary residency, this is adequate for your first few months whilst you are building your new lifestyle. The main thing you will need is an NIE number, which is easily obtained from the local police stations. These numbers are your Spanish Identity, and you will need to produce it on many occasions when making purchases on property, cars, or anything that needs are registration certificate. You can get settled before worrying about tax, and treat your first few months as a trial and error situation. Its not so much making the right decisions, as finding the right people to help you. There are many people claiming they know the laws of the land, as they have been residing in the Canary islands for over 20years, problem is it was 20 years ago when they filled any paperwork in for themselves. The best advice is to find established companies, who can offer you the correct advice. If you are purchasing property, you should receive all the help you need from the estate agents. They will take your hand and make the experience of relocation a breeze.
Property in Tenerife, is very reasonable, and you will find you can get alot for your money, especially in the local villages, out of the main towns. We carry an extensive collection of properties for sale, and can also walk you through the whole process from your door in England, to your new life in the Canary islands. We will take all of your essential requirements into consideration when searching for properties in Tenerife, or the Canary islands. If you have family, we will find suitable properties and help enroll your children into local schools. We can recommend translators, banks, lawyers and also put you in direct contact with future employers.
If you have worked in the property industry, you could even explore the option of joining our team.
Relocation to the Canary Islands, is not such a huge move, its only 4 hours away from your family,leaving the options open for family visits every month. If you have close family ties, you may even find, like us, your family decide to make the move with you. Once you have experienced life in Spain, its hard to imagine ever moving back to the UK, and helping the government survive.