INVESTORS OPPORTUNITY!
There are only 10 townhouses left in a completely refurbished complex in the south of Tenerife! We locate this complex in the municipality of San Miguel de Abona, specifically in the famous locality of Golf del Sur. Only 12 minutes from the south airport Reina Sofia and only 19 minutes from Los Cristianos. The locality has all the necessary services, such as supermarkets, banks, doctor, pharmacy and bus and taxi stops. There is also a small harbour, golf courses and several five star hotels such as the "Bahía Príncipe Fantasía Tenerife (Disney) and Barceló Tenerife Royal Level" among others. The shopping area of Las Chafiras is only 9 minutes away. The complex consists of 31 townhouses of two floors each, communal areas with two swimming pools, solarium and shower areas, garden areas, reception, security guard, communal parking area including a parking area for the disabled and one with a recharging point for electric cars. Each townhouse measures 111m2 divided into two floors. The ground floor consists of a living-dining room with access to the terrace, an open plan kitchen, a toilet and the terrace. The upper floor consists of a double bedroom with fitted wardrobe and access to a small terrace, a twin bedroom with fitted wardrobe and also with access to the terrace, the main bathroom and the small terrace.
Currently under renovation, so it is possible to make small changes to the staircase and kitchen area.
The complex has an operator, which offers two types of exploitation. One of them is the one that guarantees you a minimum of 50% of exploitation, where the owner would be paid 12.168€ net per year.
- With 60% occupancy, €15,468 net per year.
- With 70% occupancy, €18,768 net per year.
- With 80% occupancy, €22,068 net per annum.
- With 90% occupancy, €25,368 net per year.
- With 100% occupancy, €28,668 net per year.
The contract with the operator is for 10 years. The operator will be in charge of all the procedures and formalities related to the marketing, advertising and maintenance of the property. The owner may also make use of his property. During these periods, the owner will be responsible for the utilities and community fees. The community fee is estimated to be approx. 161€/month.
The prices of the remaining units are between 277.777€ and 288.800€.