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8 bedrooms house in Tias, Las Palmas, Spain

270 000€

Tías, Las Palmas

Features

  • General
  • 8 bedrooms
  • 2 bathrooms
  • Areas
  • Built: 250 m²

Property description

OLD HOUSE IN TÍAS, LANZAROTE. In the central town of Tías, we present this spacious old house, in need of improvements.This two-storey property consists of 2 living rooms, kitchen, 2 bathrooms and 8 bedrooms.In addition to a large terrace, garage, and access to the roof terrace.It has two independent entrances with access to two streets.Do not think twice and call us.We will inform you of everything.

Property summary

Based on the given description, the property in Tías, Las Palmas is an old house that requires improvements and renovations. From a buyer's perspective, this might be an opportunity to acquire a larger property with potential for investment appreciation, especially if you have a willingness and ability to perform renovations. From a real estate investment standpoint, the location is quite central in Tías, which means there could be good rental income potential. The condition of the property is not mentioned, so it can be challenging to estimate the exact investment costs and rental yield. However, considering the eight bedrooms and overall size, there is the potential for high rental income once the property has been renovated. As a lifestyle purchase, the property's location in Tías offers proximity to amenities and services, while still providing peace and quiet. The old house offers spacious living areas and the opportunity to create a unique living space that reflects your personal style. However, potential buyers should be prepared for the challenges of renovating an old house, including possible surprises uncovered during the renovation process. In conclusion, the property in Tías, Las Palmas might be a good real estate investment opportunity for those with experience in renovation and a vision for an old house with potential. Considering the central location and the number of bedrooms, it could offer a steady rental income stream. As a lifestyle purchase, the property offers space and charm at a price point that might be accessible for some buyers. However, demolition and renovation costs and unforeseen issues should be considered before making the final decision.

Location

Tías, Las Palmas

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