Commercial property in Santiago del Teide, Tenerife, Spain 12 bedrooms, 492 sq.m. No. 147621

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As all the apartments in the building are rented and the business is still running, we do not publish photos for reasons of discretion.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. 
Lusa Realty reference: 52934. | ID: 52934