Tenerife Apartment Building for sale in Buzanada with €25k Income

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Property ID : RT2033

FOR SALE €279,000 - APARTMENT BUILDING, RESIDENTIAL
580 m2 10 Bedrooms 7 Bathrooms
 
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Tenerife Apartment Building for sale in Buzanada with 5 Apartments and €25k Income

The Tenerife apartment building is for sale in Buzanada with 5 separate apartments generating an income of €24,000 Euros per annum from established long term rentals.

The building has a one bed apartment, two 2 bed apartments and two 3 bed apartments.

This Tenerife property is built on a plot of 195 m2 and four of the apartments have balconies. All the apartments have new modern kitchens and Jacuzzi baths have been fitted. The building has a roof top terrace which has fantastic views

This Tenerife apartment building is a ready made opportunity to invest in an income with a good yield. Running costs are low so it would provide a very good pension, or just a very good income for a reasonable investment. Coupled with that we suspect the combined value of all the apartments exceeds the asking price for this property.

As an alternative, it may be possible to turn this property over time into a B&B operation with owners accommodation.

See other similar buildings with multiple accommodation units.

Community Fees: Low
Property Size: Various m2 Plot Size: 195 m2

 

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