$454,699

In the heart of Playa San Juan, in the south of Tenerife, this building with six apartments and a commercial space enjoys an unbeatable location. Situated in the town center, just a few steps from the sea and the promenade, it represents an excellent investment opportunity.

Its great potential allows for different profit options: renovating and selling each apartment individually, or using the building for rental purposes, taking advantage of the high demand and the current shortage of housing in the area.

The building is situated on a plot of 105 m2, which is distributed as follows:

GROUND FLOOR: Commercial space of 92 m2 with a bathroom, already finished but in need of renovation.

FIRST FLOOR: Two open-plan apartments of 49 m2 each, both with a balcony.

SECOND FLOOR: Two open-plan apartments of 44 m2 each, both with a balcony.

THIRD FLOOR: Two penthouses of 40 m2 each, both with a balcony.

FOURTH FLOOR: Roof terrace with storage rooms for each apartment and a communal area for laundry or other uses.

The building is sold with all documentation in order. Each apartment, as well as the commercial space, has its own deed and individual registration, facilitating the completion of the project and the subsequent independent sale of each unit.

IBI: €700/year.

Asten Realty Reference: 9710.

Amenities

• Bedrooms: 8
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Single Family
• Home size: 3,875 ft² / 360.00 m²
• MLS: 9710
• Status: Active

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