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Updated: 17-03-2016

Investment Property For Sale - 1237

Investment Property For Sale Tenerife

Basic Info

Reference: 1237
Type: Investment and Commercial property
Status: SOLD
Price: €650,000
Ownership: Freehold
Location: Los Gigantes
Plot size: 1500 m2
Build size: 677 m2
Terrace size: 413 m2
Beds: 10
Kitchens: 7
Living Rooms: 7
Santiago del Teide


Opportunity to invest in a substantial residential property perfectly positioned for short- and long-term letting business in a picturesque town of Los Gigantes in the south of Tenerife.

The building is conveniently located in the centre of Los Gigantes, just a few minutes’ walk from the harbour and the beach and close to two municipal swimming pools and a sport centre. The house comprises of 7 apartments: 4 two-bedroom apartments, 2 one-bedroom apartments and a studio. All apartments are generously proportioned, fully furnished and equipped - ready to move in. Each apartment has a balcony or a terrace, furthermore there is a large roof solarium offering breath-taking views over the cliffs of Los Gigantes, the sea and the mountains.

The building has two garages; one would perfectly suit for an office or a shop or just as an additional garage space. Another large garage offers sufficient parking space for at least 10 cars.

This property comes highly recommendable to property investors. It would also be a great match for entrepreneurs looking to start a new business such as for example a small Bed&Breakfast or a hostel.

Energy Efficiency Rating - G