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Building for Sale with 3 Locals and 5 Apartments in Puerto de Santiago, Santiago del Teide

€2,310,000 FREEHOLD

Description

Fantastic Investment Opportunity! Building for sale, including three locals and five apartments in Puerto de Santiago.

The building has a total of five floors with each floor measuring 200 m2. The locals occupy the basement, semi-basement floor and ground floor. The three locals are currently rented out, providing a total gross rental income of €5,700 per month.

On the first floor there are three apartments, including two with 2 bedrooms and one with 1 bedroom. These have recently been renovated and are now rented out, providing a total gross rental income of €4,000 per month. The other two apartments are on the second floor, currently being renovated and pending completion.

Puerto de Santiago is a small fishing village located on the west of the island, between Playa de la Arena and Los Gigantes. It’s just 15 minutes from the TF-1 motorway and a 25-minute drive from the tourist resorts of Playa de las Americas and Los Cristianos.

For further information or to arrange a viewing please contact us today.

Location

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