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Canary Islands, Tenerife, Spain

€650,000
Asten Realty, Adeje
BEDROOMS

10

BATHROOMS

6

SIZE

3,660 sq ft

340 sq m

Key features

  • Build in 1998

Description

Building for Sale in El Fraile – Excellent Investment!




A complete building for sale in the center of El Fraile, close to all services and in a strategic location.







The property was built in 1998 and consists of three floors with a total of six apartments (two per floor).


* Ground floor: 2 apartments with 1 bedroom, separate kitchen, living room, bathroom, and patio.


* First and second floor: 4 apartments with 2 bedrooms, separate kitchen, living room, and balcony.







All apartments are currently rented.


Annual return of over 6%.


Rental contracts with a duration of 5 years.


Reliable tenants with no payment defaults.







Only a 10-minute walk to Las Galletas beach.


Just 10 minutes by car to the motorway.




An ideal opportunity to invest in a building with high profitability in an area with strong housing demand!


Property tax: €720/year.

Year of construction: 1998.

Asten Realty reference: 9661.

Canary Islands, Tenerife, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Tenerife(International)
    17.0 miles
  • La Palma(International)
    72.3 miles
  • Gran Canaria(International)
    79.3 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 9661) 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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