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Updated: 02-06-2011

Investment property - 1289


Investment property Tenerife

Basic Info

Reference: 1289
Type: Investment and Commercial property
Status: For Sale
Price: €184,000
Ownership: Freehold
Location: Playa de Las Americas
Build size: 73 m2
Terrace size: 10 m2
Arona


Description

Freehold commercial premises for sale as investment in Playa las Americas in the south of Tenerife.

The premises are occupied by a Beauty salon and the new 5 year rental contract has been just signed. This property investment will generate a net return of 5,2% in the first year of the contract term, 6,5% in the second year and 7,8% starting from the third year of the signed lease.

The premises are located next to a busy beach walkway of Playa las Americas.
 



  


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