Apartment in Adeje, Tenerife, Spain 3 bedrooms, 120 sq.m. No. 152366

Apartment in Adeje, Tenerife, Spain 3 bedrooms, 120 sq.m. No. 152366
ID152366 € 390 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
152366

Property description

Unique Investment Opportunity! Block of 3 Apartments in the Heart of Adeje

IMPORTANT: The complete set of 3 apartments is sold together. Individual units are not sold separately.

For sale: a set of 3 one-bedroom apartments located within the same residential building in the centre of Adeje. An exclusive option for investors seeking immediate returns and strong long-term growth potential.

Originally a single property, it has been intelligently divided into 3 independent units, each with its own private entrance, allowing for flexible and efficient management.


Main features:
Each apartment has an approximate surface area of 40 sqm and includes 1 bedroom, a full bathroom, and an open-plan living-dining area with kitchen.
Apartments No. 1 and 2 feature a terrace with views, while apartment No. 3 has an independent street-level entrance.
Good natural light in all units (see floor plan image).
Apartments No. 1 and 3 require renovation.

Strategic location: close to supermarkets, public transport, schools, and leisure areas.

Key information for investors:

- Apartments No. 2 and 3 are currently rented, generating a monthly income of €1,610.
- Immediate profitability with growth potential.
- Each unit has its own Nota Simple.
- Single cadastral reference and shared water/electricity meters to optimize costs.
- Possibility of long-term rental or tourist accommodation (subject to regulation).

Legal status and development potential:
The property currently has a single cadastral reference, although the three apartments are independently registered in the Land Registry and each has its own Nota Simple.

Ideal for:
Investors seeking returns from day one, or families wishing to live in one unit and rent out the others.

Features

  • Terrace
Contact the seller
Contact me via
CityAdeje
TypeApartment
Bedrooms3
Living space120 m2
Completion dateIV quarter, 1992
Price
  • Price
  • per m²
€ 390 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
Seller
IAD Real Estate