№ 2,534,677
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Apartment building 289 m² in Santa Cruz de Tenerife

1,200,000 €
4,152 € /m²
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Irina Pchelinova
Irina Pchelinova
Investment consultant in Santa Cruz de Tenerife
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    Key project parameters
    Total area
    289 m²
    Project description

    Located in Callao Salvaje, one of the most sought-after areas in the south of Tenerife, this unique complex of eight independent studios represents an excellent opportunity for investors seeking a versatile asset with different exploitation options and long-term potential for appreciation. The property is strategically located close to the beach, shopping areas, restaurants and all essential services, in a constantly developing area with high residential and tourist demand. The building comprises eight studios distributed on the same floor, each with its own private terrace, providing outdoor spaces that offer natural light, comfort and additional appeal for residents and tenants. One of the property's main distinguishing features is that each studio has its own independent land registry entry, offering considerable flexibility when defining the investment strategy. This configuration allows the units to be operated as a single complex or potentially sold individually, making it easier to adapt to market conditions. The properties feature functional layouts designed to make efficient use of space. Their configuration allows for various exploitation options, including: Individual sale of the studios. Long-term residential rental. Holiday rental, subject to applicable regulations and authorisations. Development of a tourist accommodation concept. In addition, the property features a spacious approximately 300 m² walkable rooftop terrace, an exceptional space that considerably expands the property's potential uses. Possible options include installing solar panels to improve energy efficiency, creating a communal chill-out or solarium area, as well as the possibility of installing a removable swimming pool of approximately 7 × 3 metres and 1.40 metres deep, creating an additional leisure and relaxation area for residents or guests, always subject to applicable regulations. The combination of eight independent units, private terraces, separate land registry entries and a spacious rooftop with the potential to create a communal leisure area makes this property a particularly flexible asset, capable of adapting to different investment strategies and changing market demand. A unique opportunity to acquire a diversified real estate asset in a strategic location in the south of Tenerife, offering multiple exploitation options and strong long-term potential.

    Extra information
  • Balcony or terrace

    Balcony or terrace

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    Agreement
    n/a
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    Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
    annual yield
    From 15-17%
    investment exit horizon
    2–3 years
    full support at every stage
    Turnkey deal
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