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40600851 - Buy a Flat in Spain, Andalucia, Almeria, Tenerife

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Flat for sale in Tenerife

Property Information

Type: Flat Property ID: 40600851
Location: Tenerife, Spain Added on: 09 Jun 2020
Price: £122,823

Short Description

Apartment on the first floor of the top resort Masaru Apartments. This apartment complex is partly used by private owners and partly rented out to tourists. A solar heated pool of 15x25 meters (also a children's pool) awaits you and you have two tennis co

Key Information

  • Property ID: 40600851
  • Location: Tenerife
  • Property Type: Flat
  • Prices: £ 122,823 / € 134,500 / $ 159,154

Full Description

Apartment on the first floor of the top resort Masaru Apartments. This apartment complex is partly used by private owners and partly rented out to tourists. A solar heated pool of 15x25 meters (also a children's pool) awaits you and you have two tennis courts with artificial grass and lighting, changing rooms with showers and two table tennis tables at your disposal.

There is also a beautiful subtropical garden, a restaurant and a cafe with terraces and a children's playground on the site. The whole complex is 10.200 m2. Please note the view is different from the picture. Watching the video you can see the actual views.

In the building there is a medical practice, a physiotherapist and a chiropodist. A launderette is also available in the building around the clock.

Included in the community costs/fees are the care and maintenance of the entire complex, the swimming pool facilities and the garden as well as electricity, water, telephone/TV connection and WIFI in the apartment and a 24-hour reception desk at the entrance. The use of sun beds with pads and parasols is also included in the levy price.

The apartment is completely RENOVATED and in perfect condition. According to the land register, the built area is 72 m2. It consists of living room, bedroom (with built-in wardrobe), entrance, kitchen and bathroom. From the living room there is a opening to the kitchen. The bedroom is equipped with a built-in closet. Living room and bedroom each have their own balcony. These could also be connected.

SELF USAGE OR INVESTMENT
Prices in the Canary Islands are still very low compared to the last all-time highs of 2007, so this is a good investment. You can either use the property yourself in winter and/or rent it out and generate a steady income. After only 7 to 10 years you would make a good profit if you decide to sell.

If you need financial or tax advice, we will be happy to help you.

LA PAZ. BEST AREA IN PUERTO DE LA CRUZ
The TOP resort Masaru is located in the middle of the exclusive residential area of LA PAZ, a quiet district of Puerto de la Cruz, about 100 meters above the sea, with very beautiful, flat walking paths. A golf course can be reached in 5 minutes by car. The world-famous Botanical Garden (Jardin Botanico) is only 250 meters away from Masaru and can be reached in 2 minutes on foot, just like the bus stop.

Nearby you will also find a supermarket and the Canary Center with pharmacy, health food store and many small Canarian shops and restaurants. Most of the people here speak good English.

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