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8 Bed Property for sale

Playa San Juan, Tenerife, Canary Islands, Spain

£340,492 *  [€390,000]

8 Bed Property for sale

Playa San Juan, Tenerife, Canary Islands, Spain

£340,492 *  [€390,000]

Property Details


  • Bedrooms: 8
  • Bathrooms: 7

Full Description


In the heart of Playa San Juan, in the south of Tenerife, this building with six apartments and a commercial space enjoys an unbeatable location. Situated in the town center, just a few steps from the sea and the promenade, it represents an excellent investment opportunity.Its great potential allows for different profit options: renovating and selling each apartment individually, or using the building for rental purposes, taking advantage of the high demand and the current shortage of housing in the area.The building is situated on a plot of 105 m2, which is distributed as here FLOOR: Commercial space of 92 m2 with a bathroom, already finished but in need of renovation.FIRST FLOOR: Two open-plan apartments of 49 m2 each, both with a balcony.SECOND FLOOR: Two open-plan apartments of 44 m2 each, both with a balcony.THIRD FLOOR: Two penthouses of 40 m2 each, both with a balcony.FOURTH FLOOR: Roof terrace with storage rooms for each apartment and a communal area for laundry or other uses.The building is sold with all documentation in order. Each apartment, as well as the commercial space, has its own deed and individual registration, facilitating the completion of the project and the subsequent independent sale of each unit.IBI: €700/year.Asten Realty Reference: 9710.
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This property listing (ref: 1453787) is an advertisement supplied by ASTEN REALTY and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
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