Monday, 31 October 2011

Golf in Tenerife



Initially the game of golf was deemed only for the rich and famous as the hand crafted equipment was extremely expensive. It wasn’t until the cheap methods of mass production came into being, that the sport became easily accessible to the ordinary people.
 
Enjoy golf all year round – Tenerife offers fantastic weather and a large choice of golf courses: Whether you are a beginner or professional, the Golfing options offered on the island are amazing…here are details on each course available to you.
 
Amarilla Golf - 6684 yds Par 72
 
Located in the south of Tenerife, this 18 hole course is marked by the incredible views of the Atlantic Ocean and the exclusive San Miguel Marina. Also offers Pitch and Putt, 9 holes, driving range, putting green and other services like golf academy, clubs rental, buggy bar… etc..
 
Costa Adeje - 6909 yds Par 72
 
Situated just five kilometres from Playa de las Americas, Golf Costa Adeje has been built on the site of an old banana plantation.

 The venue for the Canaries Spanish Open in 2003, course designer Pepe Gancedo has made very good use of the existing terrain as well as adding over 50,000 square metres of dry stone walls on which the main fairways have been laid. The club has great practice facilities and a superb clubhouse.
 
Golf del Sur - North/South 6422 yds Par 72, North/Links 5920 yds Par 72, Links/South 6050 yds Par 71
 
Venue of the European tour in its early days, the course has 27 holes offering three individual 9-hole courses, and three testing combinations. The North and South loops run close to the sea and the links course parallel to it. None of the 3 layouts are particularly long however avoiding the rocky ravines and lava waste areas is more difficult than it looks at this usually well kept club.
 
Golf Las Americas - 6640 yds Par 72
 
Opened in 1997 and designed by John Jacobs the Las Americas course is an interesting layout yet relatively flat compared to most of the islands other courses. The impressive clubhouse is worth a visit.
 
Los Palos  - Par 27, 9 hole course
 
Located near Guaza in Costa del Silencio…perfect for beginners or experienced players alike, providing an excellent opportunity to work on the short game. There are also plenty of challenges to be encountered over its 914 metres: five holes are affected by water and others require very accurate hitting
 
Abama - 6818 yds Par 72
 
Opened in 2005, The Abama course includes twenty-two lakes and over 200 different species of trees. Waterfalls, streams and the constant presence of spectacular views over the Atlantic Ocean add to the enjoyment of this high end set up.
 
Buenavista - 6765 yds Par 72
Situated in the North West tip of the island a good hours drive from the resorts in the south Buenavista is a stunning Severiano Ballesteros design using the spectacular wild natural terrain to produce a course of shear beauty. Well worth a trip to the North for this course.
 
Real Club De Golf – Tacoronte – 6325 yds Par 72
 
The Real Club de Golf de Tenerife was founded on the 18th December 1932, which makes it the second oldest in Spain. The course is located in the greenest and coolest part of the island of Tenerife, at 600-753 meters above sea.
Hosting the International Open Championship of Spain in 1964 as well as the Professional Doubles Championship of Spain in 1984: Over the years, players such as Severiano Ballesteros, Manuel Piñero, J.M. Cañizares, Antonio Garrido y Miguel Angel Jimenez, won the Proam Tito Abreu, now called Gran Premio Casino Taoro, at this course.
 
Here is an approximation of what you are likely to pay at the Courses here in Tenerife. Discounts are always available for large groups and there are offers during low season.
Greenfee Rates 2011 - 2012
 
Nov 2011 – Mar 2012
 
Amarilla Golf
 
80€
 
Costa Adeje
 
89€
 
Las Americas
 
90€
 
Golf Del Sur
 
85€
 
Los Palos
 
29€
 
Abama
 
200€
 
Buenavista
North West
90€
 
Real Golf
North
75€
 
 

Currently, the most expensive set of golf clubs in production are the Five Stars made by Honma, a Japanese club manufacturer that constructs its custom clubs out of platinum and gold. A full, custom 14-piece set of these expensive clubs from Honma costs $32,000, owned by well known celebrities such as Jack Nicholson and Danny DeVito.


Wednesday, 26 October 2011

November Activities in Tenerife



We are in autumn and although its difficult to spot the seasonal changes here in Tenerife, the budding poinsettias are a total giveaway…you will see parks and roadside displays all over the island displaying this 
wonderful bright crimson plant. 
Now that the weather has become less unpredictable than of late, there could be quite a few dull days…So here are a few activity suggestions on days when the sky is grey and the sunshine takes a well earned break:

1st  November  - Festividad de Todos los Santos
All Saints festival - National Holiday – Each main town or village celebrate this day in their own way. Traditionally, All Saints Day is when Catholics celebrate and honour the saints, a day when families visit the resting places of loved ones and place flowers on their graves. All Saints Day was originally celebrated in May but the festival was moved to November by the Catholic Church in an attempt to stamp out the pagan festival of Halloween.
 
19th November - Great feast of Tenerife wines

 Calle La Noria – Santa Cruz -  All the Regulatory Boards that are responsible for determining the denominación de origin of every kind of Tenerife wine are gathering in Calle La Noria to celebrate the Great Feast of Wines. Delicious tapas will be served with the wines that are going to be tasted. 
 
You can find out more information at the following website:  www.santacruzmas.com
 
27th November -  Marlango. ‘Life in the Treehouse’ live music  - Auditorio de Tenerife, Santa Cruz.
Leonor Watling, Óscar Ybarra and Alejandro Pelayo are Marlango are coming to Tenerife to introduce their fourth and most recent album. 'Life in the Treehouse' is a work that features many artists such as Ben and Leo Sidran, Suso Saiz, Jorge Drexler and Rufus Wainwright, a collection of songs made with rich arrangements but of easy listening, with soft melodies and lyrics full of feeling -  For more information on this show and many others, visit   www.auditoriodetenerife.com
 
Musical Show -  The art of Carmen Mota -  Piramide de Arona

Based on the Broadway hit and the Blake Edwards film Victor/Victoria, this show is a fantastic evening's entertainment and highly recommended for all the family.
Based in 1940s Andalucía, it features a young flamenco dancer in a plot filled with love triangles, intrigue and passion, and punctuated with humour. The production is slick, with stunning lighting and breathtaking dancing - both modern and traditional flamenco styles. 
 

The costumes - and costume changes - are fabulous. The 30-strong cast of talented dancers transports the audience to another time and place, through a swish of silk, a stamp of the foot and a superb musical score.
An excellent introduction to Spanish dance for ex-pat residents and visitors alike, Airam has popularised Flamenco in Tenerife in the same way that Riverdance did for traditional Irish dancing.
Show Aire
Adult: 45 €
From 13 to 17 years: 22,50 €
Children up to 12 years: free 
 
Dinner + Show Aire
Adult: 71 €
From 13 to 17 years: 48.50 €
Children from 7 to 12 years: 15 €
 
Find out more and book tickets online: www.airammusical.com
 
Siam Park
The Siam Park is still a great favourite for all the family 3 years on… The Park opened to the public in late 2008 amid much fanfare. It had hit several construction problems. Residents and visitors to Tenerife alike were pleased to finally see the doors open.
Located just off the TF1 (the main motorway in Tenerife), in Costa Adeje and close to the popular tourist resort of Playa de Las Americas.
 
 
There is plenty of choice within the park itself, including the Tower of Power, a vertical slide which has transparent sections, sending you through sharks and stingrays. Definitely not one for the faint hearted! The Wave Palace is a man made wave machine, with waves reaching up to 3 metres high, the largest recorded height in the world.
Prices are for an entire days entertainment, standing at 30€ for adults and 19.50€ for children under the age of 12. You can get free buses to and from around Playa de Las Americas and Los Cristianos are available - ask at your Hotel reception/Excursion office for more information.
 
There is a huge selection of activities in Tenerife, visit Sunway Tenerife´s activities webpage here for more information and prices!

Property of the week, for sale in Tenerife / Piso en venta en Tenerife abierto a offerta!



 Studio in the heart of Las Americas situated on the 5th floor of El Dorado. This studio has a kitchen, lounge/bedroom with 2 single beds and a terrace which enjoys sun all day and with partial sea views. The complex has a reception, a new swimming pool,  2 tennis courts, private parking spaces and the studio is being sold completely furnished. Contact us today to arrange an appointment to view on (0034) 922 790 021 or UK: 0871 711 5079 admin@sunway-tenerife.com



Estudio en el corazón de Playa de Las Américas, situado en la planta quinta del ApartHotel El Dorado. Este estudio tiene una cocina, salón / dormitorio con 2 camas individuales y una terraza que goza de sol todo el día y con vistas parciales al mar. El complejo dispone de recepción, una nueva piscina, 2 canchas de tenis, aparcamiento privado y el estudio se vende completamente amueblado. Contáctenos hoy mismo para concertar una cita para ver en (0034) 922 790 021 o el Reino Unido: 0871 711 5079 admin@sunway-tenerife.com

Thursday, 6 October 2011

Tax, Tax & More Tax in Tenerife


When buying a property, one of the main and most expensive extra charges is sales tax or as it is also known, stamp duty.

In the Canary Islands, as elsewhere in Spain, in order to determine the rate of sales tax depends whether property is new or second-hand. If it is new it will typically be sold by the construction company responsible for its development, or as a result of the economic crisis, it may be a bank which has foreclosed on the construction company that is selling the property.

In either situation it is still regarded as new and therefore attracts a standard sales tax or VAT. In Spain this is known as IVA and in the Canary Islands which has a different sales tax than mainland Spain, this is known as IGIC.


The rate of IGIC is typically 5% although this is due to be modified and reduced to 2.75% where a new property is purchased with the intention that the property shall be the principal personal residence of the purchaser. There is a limit of €150,000 on the value of the property.


The Wealth Tax has again reared its ugly head; this was originally abolished in Spain on 1st January 2009. 16 September 2011, showed its reintroduction, following the new published law. They tell us that it will only be for a two-year period, 2012 and 2013, which corresponds to tax periods 2011 and 2012, respectively. This will ensure that the Government re-coup funds of over 1 Billion Euros. (Watch this space, as there have been temporary laws passed that remain in place for almost a decade)


The reason for this reintroduction is to “weather the financial storm which afflicts Spain at a time where those who own more have the moral obligation to contribute more to society following the legal principle enshrined by art 31 of Spain’s Constitution”.


Wealth tax legislation is down to the autonomous governments, who can either use the national law, or pass their own laws on the following:


1. Tax-free allowances


2. Deductions and tax rebates

3. Levied tax rate


Some regions, like Catalonia, Valencia, The Balearics, and Andalucía, pass their own laws. Others just use the national law. Now that the wealth tax has been re-introduced, some regions are expected to review their laws and the Canaries are no different...


Residents are subject to the laws of the autonomous regions where they live. Non-residents are always subject to the national law, regardless of which region they live in.


For residents, some regions apply a tax rebate of 100%, which means no wealth tax to be paid, whilst other regions apply no rebate, meaning the wealth tax must be paid in full. This inconsistency in laws leaves the door wide open for unforeseen changes.


Most Britons moving to Spain or buying property understand that they will have to pay Spanish taxes like income tax, capital gains tax and inheritance tax. Not everyone, however, is aware that Spain imposes an extra tax which is payable on top of the other Spanish taxes i.e. .The Wealth Tax in Spain.


Spanish Wealth Tax is payable by both residents and non-residents (if they own property in Spain), although the rules are different. Residents pay wealth tax on their worldwide assets but have quite generous tax-free allowances, whereas non-residents are only liable on net assets within Spain but miss out on some of the allowances.


Whether you are buying property as a holiday home or investment, don’t get caught out by rules you are not aware of. Always seek professional advice.


Sunway Tenerife has over 25 year’s experience, please call for more information about buying Tenerife Property as a Rental Investment. Sunway staff are able to offer you a wide and varied selection of property across the south of Tenerife as well as one of the most professional services on the island!