Canary Islands, Tenerife, San Eugenio Bajo, Spain

INVESTMENT APARTMENT OR PERMANENT HOME IN THE HEART OF COSTA ADEJE

Asten Realty is pleased to present this attractive property located in the Garden City complex in San Eugenio Bajo, right in the heart of Costa Adeje.

The apartment has a total area of 56 m², comprising 46 m² of interior space and a 10 m² terrace with pleasant garden views. The property features a bright living room with an open-plan kitchen, a separate bedroom, a fully equipped bathroom, and a spacious terrace—an ideal place to enjoy Tenerife’s pleasant climate throughout the year.

The apartment has been renovated and is sold fully furnished and equipped. Both the living room and the bedroom are air-conditioned. The property is ready to move into or continue operating as a holiday rental without any additional investment.

Thanks to the complex’s infrastructure, the property is accessible to people with reduced mobility. Despite its central location, the apartment is exceptionally quiet and peaceful, ensuring a comfortable and relaxing stay.

Garden City is located just 300 metres from Playa de Troya—approximately a four-minute walk—and very close to Puerto Colón, the seafront promenade, restaurants, cafés, bars, and numerous tourist attractions. San Eugenio Shopping Centre is only 150 metres from the complex. Supermarkets, shops, pharmacies, banks, and all essential services are also available nearby.

The complex offers two swimming pools, one of which is heated, a poolside bar, reception, lifts, video surveillance, security, and beautifully maintained communal areas with gardens and green spaces.

The property is currently operated as a holiday rental and has confirmed bookings until March 2027. The sale includes the transfer of these bookings to the new owner, who will receive all income generated by the scheduled stays.

The current average rental rate is approximately €90 per night, with higher rates achieved during the high season and the Christmas and New Year period.

A significant advantage of the property is the possibility of operating it legally as a holiday rental through the complex’s reception, which handles rental management and comprehensive guest services for a fee of 25% of the rental income.

All these features make the property a turnkey investment capable of generating income from the very first day.

For investors interested in expanding their portfolio, two additional properties are available in the same Garden City complex under reference numbers 10098 and 10099. This creates an opportunity to purchase several units within one of Costa Adeje’s most established and profitable tourist complexes.

Community fees:€115/month

IBI property tax:€300/year

Asten Realty reference:10097

If you are looking for a property in one of Costa Adeje’s best locations, this apartment offers exceptional versatility: it can serve as a permanent home in Tenerife, a second holiday home, or an attractive investment for short-term or long-term rental.