Investment Opportunity in El Médano – Corner Apartment with High Rental Potential
Exclusive corner apartment for sale in Residencial Magallanes, next to Plaza Roja, in one of the most sought-after tourist and residential areas in the south of Tenerife. The property offers spectacular views of the sea, Mount Teide, and Montaña Roja.
With a total built area of 99 m² (66 m² interior), the highlight is its spacious corner terrace, a highly valued feature in the holiday and mid-term rental market, significantly increasing its appeal for investors.
The apartment has 2 bedrooms and 2 en-suite bathrooms, a highly demanded layout that maximizes rental income potential. It also features a separate kitchen with the possibility of opening it up to the living room to modernize the space and increase market value.
Very bright property, located in a building with a lift, in a strategic location just a few steps from the beach, restaurants, and all amenities. This ensures high occupancy rates and excellent returns for both short-term and long-term rentals.
Ideal as a primary residence due to its comfort and privileged location, offering versatility and security as an investment.
The complex has a recently renovated swimming pool.
Community fees: €200/month.
Price: €600,000