Mortgage Broker Teneriffe | Teneriffe Home Loans

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Buying a house in Teneriffe

Once an industrial area, Teneriffe’s history shines through in the iconic Woolstore building, now converted into trendy apartments to match the vibrant vibe of this riverside location. Teneriffe has come a long way from its roots, now boasting many in-demand bars and eateries as well as outdoor spaces and boutique shops. The Teneriffe ferry terminal is at your doorstep for a relaxed commute into the city, and if you want to get active you’ll love walking along the river path that stretched from the terminal all the way through to New Farm Park.

In 2022, the median house price in Teneriffe was $3,475,000 and the median apartment price was $735,000. Does Teneriffe sound like your ideal area to buy a home? Book an obligation-free appointment with Daniel Lord today, or give him a call to get started.

Teneriffe investment loans

When executed correctly, property investments can be a smart choice that offer you both rental returns and capital gains. There are several important factors that will affect your success in this area, and one of them is your loan. A good investment loan will set you up well right from the start, and ensure that your property is performing at its best. Daniel Lord, your mortgage broker in Teneriffe, can find you the right loan and help guide you through this exciting journey so that you can feel confident in your investment.

It’s also extremely important to choose the right property, particularly if you intend to rent it out. Some factors you should consider in a good investment property include

Features and facilities, like extra bathrooms or a garage
Any likely future maintenance costs
Nearby amenities and transport
Potential growth in the area

It’s also important to remember additional costs such as property management fees when you’re setting your budget! Once you’ve found the perfect place, get in touch with Daniel Lord to discuss your investment loan - he is only a phone call away with all the information and advice you need.