- 27,285,000 €
- 4.7% yield
- Santa Cruz de Tenerife Apartment building 1,390,000 €
- Basic parameters
- Photo
№ 2,450,710
All photos
Apartment building 950 m² in Santa Cruz de Tenerife
1,390,000 €
1,463 € /m²
- Apartments —
- Yield —
- Constructed —
- Price per key —
Key project parameters
- Total area
- 950 m²
Project description
A residential apartment building is offered for sale in El Fraile, representing an excellent investment opportunity in a high-demand rental area. The property consists of 15 apartments distributed over four floors, all dedicated to rental use, currently generating stable monthly income of approximately € 10,000. This is a turnkey investment with immediate returns and an established rental business. Located in a convenient and well-developed town close to the ocean, the property benefits from a strategic location. Its proximity to Las Galletas, a popular tourist area with a harbor, fish market, restaurants, promenade, and beach, further enhances its attractiveness for both long-term tenants and holiday rentals. The combination of strong rental demand, strategic location, and tourism potential makes this building a solid investment opportunity for those seeking stable income and long-term value in the real estate market. For more information, please do not hesitate to contact us.
Tenants
- Agreement
- n/a
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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