Property Overview
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- Size:
- 7,287 sq ft / 677 sq m
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- Usage:
- B1, B2, C3
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- Sale Type:
- For Sale
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- Rental Income:
- Undisclosed
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- Property Type:
- Apartments
- Other
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- Auction:
- No
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- Development Opportunity:
- No
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- Investment Opportunity:
- Yes
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- Tenanted:
- Yes
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- Energy Rating:
- N/A
General Summary
Opportunity to invest in a substantial residential property perfectly positioned for short- and long-term letting business in a picturesque town of Los Gigantes in the south of Tenerife. Along with the property comes a license for rent-a-car business which has been operated from here in the past.
The building is conveniently located in the centre of Los Gigantes, just a few minutes’ walk from the harbour and the beach and close to two municipal swimming pools and a sport centre. The house comprises of 7 apartments: 4 two-bedroom apartments, 2 one-bedroom apartments and a studio. All apartments are generously proportioned, fully furnished and equipped - ready to move in. Each apartment has a balcony or a terrace, furthermore there is a large roof solarium offering breath-taking views over the cliffs of Los Gigantes, the sea and the mountains.
The building has two garages; one would perfectly suit as a home base for the Rent-a-Car business or just as an additional garage space. Another large garage offers sufficient parking space for at least 10 cars.
This property comes highly recommendable to property investors. It would also be a great match for entrepreneurs looking to start a new business such as for example a small Bed&Breakfast or a hostel with an additional income stream from rent-a-car venture.
