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Canary Islands, Tenerife, Puerto Santiago, Spain

€1,195,000
Asten Realty, Adeje
BEDROOMS

12

BATHROOMS

12

SIZE

5,296 sq ft

492 sq m

Key features

  • Build in 1989

Description

Unique opportunity in Puerto de Santiago – Building with 12 apartments just 150 metres from the sea.

An entire building is for sale in one of the most sought-after areas on the south-west coast of Tenerife, just a few steps from "La Chica" beach and surrounded by all amenities, restaurants and tourist areas. 

This property represents an excellent investment opportunity with high potential returns.

The building, spread over three floors plus a large communal roof terrace with views of Mount Teide and the sea, comprises 12 apartments, some with a balcony or terrace:

• Ground floor: 3 studios and 1 one-bedroom apartment, plus communal areas. 

• First floor: 5 studios and communal areas. 

• Second floor: 3 one-bedroom apartments and communal areas. 

• Roof terrace: versatile communal space with magnificent panoramic views. 

All properties are currently let on long-term leases, guaranteeing immediate income for the new owner. The apartments are in need of refurbishment, offering the opportunity to personalise and significantly increase the value of the property.

With hot water provided by solar panels and no community fees, this building offers complete independence and an unbeatable location in an area in high demand for both tourism and residential purposes. 

A solid and strategic investment in Puerto de Santiago, just a few metres from the sea.

As all the apartments in the building are rented and the business is still running, we do not publish photos for reasons of discretion. Contact us and we will be happy to give you more details.

IBI (property tax): €711/year.

Year of construction: 1989. 

Asten Realty reference: 9822.

Canary Islands, Tenerife, Puerto Santiago, Spain

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Tenerife(International)
    20.6 miles
  • La Palma(International)
    61.6 miles
  • Gran Canaria(International)
    91.0 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

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Asten Realty, Adeje (reference 9822) 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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