More about us
Get to know our talented team.
About our Real Estate
Utilizing our exceptional lawyer experience and knowledge of the luxury properties markets, we serve an extensive and good base of information.
Our Mission
With over $2 Million in sales, Our agency is the industry’s top luxury producer with over 12 years of experience in marketing Tenerife’s most prestigious waterfront properties.Â
Our Values
At Royal Reality Real Estate, our four core values guide our long-term strategy, our recruitment policy, and how we approach day-to-day work. We believe these core values are essential to succeeding in our mission to pioneer the transformations shaping the city of tomorrow.
Our Vision
Due to our unparalleled results, expertise and dedication, we rank amongst the Top 20 agencies in Tenerife and our area. We are also and is an elite member to Corcoran’s Presidents Council.Â
Our Resources
With our years of experience, impressive portfolio, celebrity clientele, and unparalleled knowledge of the market and pedigree estates, Royal Reality estimable business is sophisticated and renowned.
Meet our team
If you want the best care possible for your real estate needs, our certified professionals are here to help
Mgr. Diana Ferner
Mgr. David Tausinger
Testimonials
Frequently Asked Questions
NIE (Número de Identificación de Extranjero): As a non-Spanish resident, you will need to obtain an NIE, which is a foreigner identification number. This number is required for various transactions in Spain, including purchasing property. It is also necessary to open a bank account to carry out a real estate transaction.
Reservation and Deposit: Once you find a property you wish to purchase, you may be required to pay a reservation fee or deposit to secure the property. The deposit fee is usually 10%.
Financing: If you require financing for the property purchase, it is advisable to contact banks or mortgage brokers to explore loan options and obtain pre-approval before searching for properties. This will help determine your budget and streamline the purchasing process.
The sale of any real estate in Tenerife is carried out at a notary by signing a sales contract and presenting a check from a bank as proof of the sale of financial cash.
First of all, it is necessary to pay real estate tax at your bank in the amount of 6% of the real estate price and present this confirmation at the tax office and, after paying the tax, submit the documents to the real estate register.
After buying a property, the IBI fee (Impuesto sobre Bienes Inmuebles) is paid annually. If you bought a property in a resort, it is possible that you will pay monthly maintenance fees.
Our team stats
Despite well over €5,5 million in combined sales, however, the team strives to maintain an air of humility and discretion
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Our experts and developers would love to contribute their expertise and insights and help you today.