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€ 985,000

Luxury apartment complex for sale in Puerto de la Cruz, Canary Islands

€ 985,000
160 m²

Description

Unique Investment Opportunity! Vacation Apartment for Sale in Puerto de la Cruz, Tenerife~~Discover a fantastic investment opportunity in the heart of Puerto de la Cruz, Tenerife. This set of holiday apartments offers the perfect combination of luxury, comfort and a privileged location, ideal for those looking for a profitable business in one of the most sought-after areas of the island.~~Building Features:~ • Four charming apartments with almost 30 m² of living space each.~ • Total plot of 416 m², offering ample privacy and space.~ • Covered barbecue area to enjoy relaxing evenings with family and friends.~ • Stunning 140 m² roof terrace with spectacular views, perfect for relaxing in the sun.~ • Two garages with a total of 4 parking spaces on the plot.~ • Ideal location: just 350 meters from Plaza del Charco and the sea, in the center of Puerto de la Cruz.~~Investment Advantages:~ • Expansion potential: Building permission already approved to add three more floors and 7 apartments.~ • High rating on Booking.com: 9.6 on average, demonstrating the satisfaction and Guest loyalty.~ • High occupancy: 60% in 2023 and increasing, with early bookings for 2024.~ • Solid income: Average rental price of 100 euros per day, guaranteeing a constant source of income.~ • Low operating costs: Low taxes and utilities (approximately 5 euros per day for the entire property).~~A successful and highly rated holiday apartment business in one of the most beautiful areas of Tenerife, with a 15% increase in tourism during 2023/2024. This is the ideal opportunity for expats looking for a comfortable and profitable life in Tenerife.~~Asking price: €985,000~~Don't miss this opportunity to invest in the future of tourism in Tenerife! Contact us!

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Details

Size:
160 m²
Balcony count:
1
Energy Rating:
G
Garden:
Private
Gas emission Class:
G
Interior Amenities:
Furnished
Reference:
PH00171
Terrace
View:
Sea
Car parking
Parking Type:
Garage lot

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Position