Apartment 50 Meters from the Sea

Just 50 meters from the sea in a serene and quiet area with all necessary services nearby, but far from mass tourism and large hotels.

Property Details

• Price (Current Condition): €110,000
• Size: 65 sqm
• Layout: Open-plan living room with kitchen, spacious bedroom, and bathroom with a bathtub.
• Renovation: Owners personalized the space with features like an open-view shower in the bedroom and a TV in the bathroom, positioned for relaxation in front of the tub.
• Final Price (Renovated and Furnished): €140,000

Investment Potential

The apartment’s current value is estimated at €200,000 or more post-renovation. If rented to tourists at an average of €80 per night, it could generate €1,500–€2,000 per month, providing an annual gross income of €18,000–€24,000.

Since Tenerife has no low season, the property offers consistent rental income. After deducting management costs (utilities, cleaning, maintenance), the net annual yield remains above 10%.

Taxes and Costs

Property taxes in Tenerife are very low. For this apartment, the annual tax amounts to less than €300.

Why This Apartment?

• Prime Location: Proximity to the sea and a tranquil setting, ideal for both personal use and tourist rentals.
• High ROI: Exceptional gross and net yield potential, offering long-term profitability.
• Low Running Costs: Affordable taxes and manageable maintenance expenses ensure strong net returns.

Contact Us

Let’s Discuss the Opportunity!
For more details or to schedule a visit, call us at +34 652 013 017 or mail us at info@syskrack.com.

Your perfect investment is just a call away.