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Updated: 02-06-2017

Investment Property With High Return - 1776


Investment Property With High Return Tenerife

Basic Info

Reference: 1776
Type: Investment and Commercial property
Status: SOLD
Price: €79,000
Ownership: Freehold
Location: Golf del Sur
San Miguel de Abona


Description

Freehold commercial premises for sale as investment with a gross return of over 10% annually. The property is located in a popular tourist and residential area of Golf del Sur in the south of Tenerife, just a few minutes’ drive from the airport.

The premises are situated on the territory of a luxury time-share and private resort with 184 villas, located just in the middle of a championship golf course. Since many years this freehold premises has been successfully rented out to a well-established catering business and the rent has been paid punctually month by month.

This well-booked throughout the whole year resort is very well maintained and provides a high level of security. Fantastic investment opportunity for a reasonable price and a good return!



  


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