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1 bedroom apartment in Arona, Santa Cruz de Tenerife, Spain

190 000€

Arona, Santa Cruz de Tenerife

Features

  • General
  • Year of construction: 2000
  • 1 bedroom
  • 1 bathroom
  • Terraces
  • Areas
  • Built: 57 m²
  • Useful: 50 m²

Property description

From a buyer's perspective, this property in Arona, Santa Cruz de Tenerife offers several key features making it an attractive investment and lifestyle purchase. Firstly, the modern renovation and furnishing of the apartment present a turnkey investment opportunity, reducing the need for immediate additional costs and effort to make the property comfortable and appealing to renters. The open kitchen, quiet bedroom, and large west terrace provide a functional and comfortable living space. The property's location within a holiday complex that features a large pool and a beautiful garden enhances its appeal as a lifestyle purchase. The VV license also allows for tourists rental, which could provide a steady stream of income for the buyer as a passive investment. In terms of real estate investment, the property's high-quality condition, good ground plan, and attractive exterior features surely contribute to its potential profitability. The monthly fee of €214, including water and electricity, is relatively low and affordable for many potential renters, increasing the property's rentability. However, the buyer should also consider the limitations, such as the property's location within a tourist-oriented complex which may not appeal to everyone. Additionally, there could be maintenance costs, taxes, and other associated expenses to factor into the overall investment consideration. The buyer would also need to research the local real estate market to determine if the asking price of €190,000 is competitive and provides good value for money. Given these factors, the property appears to present a win-win scenario from both an investment and lifestyle perspectives.

Location

Arona, Santa Cruz de Tenerife

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