Investment Building Tenerife Commercial 2,995,000 € Ref 700-460 Valle San Lorenzo Tenerife Properties Real Estate Agents property portfolio of resales and new developments, a personally selected range of Realty, luxury properties, exclusive villas, fincas, townhouses, penthouses and apartments.
Tenerife Commercial For Sale
Property Reference: 700-460
Price 2,995,000 €Plot Size: 1900 m2
◊ Views: Sea, Coastal, Mountain
Large Commercial Investment Building of approx 1900m2.
The entire building is for sale and comprises an apartment block with 20+ residential apartments and 4 commercial units.
This apartment block is located in the centre of Valle San Lorenzo.
The building comprises: Top floor: 368 m2 laundry rooms, storage rooms and common areas.
3rd floor: 368m2 (apartments of different sizes and communal areas).
2nd floor: 356m2 (apartments of different sizes and communal areas).
1st floor: 377m2 (apartments of different sizes and communal areas).
Ground floor: 356m2 (Commercial locals, garage and communal areas).
The apartment sizes vary and are a selection of studios (1 or 2 per floor), 1 bedroom (2 per floor), 2 bedrooms (2 per floor) and two multi bedroom multi kitchen apartments.
Every apartment is fully equipped with kitchen and bathrooms.
The apartments are all occupied by long term tenants and a Rental Agency oversees the Rentals.
The 4 commercial locals are partly occupied.
Also included in the asking price is an adjacent empty parcel of land approx 300 m2.
Beautiful ocean and mountains views.
Valle San Lorenzo is a traditional Canarian village / small town in South Tenerife just 15 minutes drive inland from the Tourist resorts of Los Cristianos and Playa de Las Americas.
Valle San Lorenzo is a mostly residential area and features a main street lined with shops, bars, restaurants and other businesses and is completely non-tourist.
There are several excellent local Canarian restaurants located here.
Rare opportunity for the right investor as rarely are such buildings offered as a whole package.
This is an exciting opportunity to invest in apartments with long term tenants and occupied Locals with well established businesses.
If you are looking for a safe investment property with a good return this really is a fabulous prospect.
Further details regarding Income Returns are available to Serious Investors.