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COMMERCIAL

Canary Islands, Tenerife, San Eugenio, Spain

£3,846,135
€4,450,000
Asten Realty, Adeje
PROPERTY TYPE

Hotel

BEDROOMS

25

SIZE

24,542 sq ft

2,280 sq m

Key features

  • Build in 1985

Description

For sale: Block of tourist apartments in Costa Adeje – prime location opposite Siam Park.

Investment opportunity in one of the most sought-after destinations in the south of Tenerife. A full block of apartments is for sale within the Florida Park aparthotel, located in the prestigious area of San Eugenio Alto, directly across from the renowned Siam Park waterpark.

The complex, built in 1985 on a 1,986 m² plot, is in good condition, with a recently renovated swimming pool and an average annual occupancy rate of 70%. The block currently for sale is managed by a professional tourist rental company. Within the complex, there are also some privately owned units not included in the sale.




Complex features:

• 41 apartments distributed across two blocks (4 floors each)

• Communal areas: garden, pool, solarium

• Independent access from two different streets




UNITS FOR SALE:

• 18 studios (approx. 38 m² usable area + 9 m² terraces)

• 3 one-bedroom apartments (45 m² usable area + terraces from 13 to 50 m²)

• 1 two-bedroom apartment (72 m² usable area + 15 m² terrace)

• 1 three-bedroom apartment of 135 m²

• Bar of 100 m²

• Swimming pool of 52 m²

• Solarium of 210 m²

• Machine room of 40.26 m² (below solarium level)

• Reception area of 46 m²

• Commercial area / garage of approx. 200 m²




Monthly maintenance costs (including staff): approx. €8,350

Annual IBI and waste tax: approx. €10,000




This apartment block represents an excellent opportunity for those seeking a stable return on investment in a well-established and continuously growing tourist area.

Ref. Asten Realty 8008

Canary Islands, Tenerife, San Eugenio, Spain

NEAREST AIRPORTS

Distances are straight line measurements
  • Tenerife(International)
    9.4 miles
  • La Palma(International)
    72.9 miles
  • Gran Canaria(International)
    82.3 miles

Advice on buying Spanish property

Learn everything you need to know to successfully find and buy a property in Spain.

About Asten Realty, Adeje

A company with a mission and a vision, Asten Realty® are the estate agents of choice when it comes to a serious real estate transaction in Tenerife, Canary islands, Spain. Asten Realty® is the largest real estate agency in the south of Tenerife with a team of 45 talented agents who speak 16 languages, that operates from an office in a top location – the luxurious 5 star area of Bahia of the Duque.

The number 1 position in sales in a Spanish nacional ranking during 3 consecutive years, we offer the X-factor: local expertise, boutique service and 100% reliability. We create a Value Package for our clients, selling a property in the shortest possible time, and converting the buy-sell process into a pleasurable, stress-free experience.

Our team of agents receives top-level training delivered by the Asten Business School of real estate, that we launched in 2016.

Asten Realty® has an extensive portfolio of selected apartments in the best areas of Tenerife, townhouses in prestigious complexes, detached luxury villas & exclusive estates. All properties undergo a meticulous property check prior to their acceptance on the inventory, secure transaction is guaranteed. The trust of the home owners and building companies, who grant Asten Realty® the exclusive right of sale of their properties is the result of more than 10 years of impeccable reputation and close long-term relations.

We are exceeding the standards of performance. We have developed a business model that has been giving outstanding results in client service and operational productivity. We recruit the best talent, the personal growth of our team members makes the company grow and get better.

Notes

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This is a property advertisement provided and maintained by Asten Realty, Adeje (reference 8008) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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