Apartment – Los Cristianos, Santa Cruz de Tenerife, Canary Islands, Spain

180,000 €

1,956 € /m²

£160,000

£1,739 /m²

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Total area
92 m²
Bedrooms
1
Bathrooms
1

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Features

Balcony or terrace
Internet
Golf course
Garden

Nice 1 bedroom apartment in Granada Park, is located next to the Las Américas Golf course and a 15-minute walk to the center of Los Cristianos. The apartment has a living-dining room with a fully equipped semi-open kitchen, a bedroom, a bathroom, a large terrace and a solarium on the roof. It has 92.40 m² in total, the terraces are 36.30 m², overlooking the swimming pools of the complex. Apartment is on the second floor, there is air conditioning and built-in wardrobe in the bedroom, there is an elevator, adaptations for people with disabilities in the complex. Community fee is € 150/ month. Annual IBI tax € 338.61. Year of construction is 2003. Granada Park is a tourist complex with cozy garden areas, a central solarium with its 3 swimming pools, a pool bar and a minimarket. You can enjoy the apartment personally or sign a vacation rental agreement with the aparthotel. In this case, the owners receive a fixed monthly fee and do not pay maintenance or community fees for the apartment. With the contract you get the following services: wifi; free transportation to Las Vistas beach in Las Americas; ample kitchenware and an induction cooker and grill oven; housekeeping; for children use of recreation area. Half board or All-inclusive service at the Arona buffet restaurant. For more information — please contact us.

Extra opportunities

We can help you to get a mortgage on favourable terms. A residence permit can be obtained with the purchase of this property. Please ask our team for more information.

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You can see more apartments for sale in Los Cristianos elsewhere on our website.

How to buy property with Tranio

Enquiry

Send us an enquiry with an approximate description of the property or investment project you’re interested in.

Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

FAQs

Can I get a mortgage abroad?

It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

How does the purchase procedure work?

The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

Can a residence permit be obtained by buying property?

In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

Can I obtain income from a seaside apartment?

Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

How does Tranio make money if your service is free for the clients?

We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

Who guarantees the transaction security?

The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.