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This building completed in 2022 with a total area of 340 m², of which 270 m² are habitable.
It currently features 5 bedrooms and 5 private bathrooms, making it an ideal option for use as a hostel.
The property also offers beautiful views of both the sea and the city.
Moreover, there is potential to create two additional rooms with a simple renovation, as one of the floors is currently open and used as a flexible space.
The building is fully operational and represents an excellent investment opportunity, with an estimated annual return of 8% to 12%.
This offer is subject to price change, errors, omissions and/or withdrawal from the market without prior notice. The information is not contractual. Users are informed that the images of the properties advertised on our website may not reflect the actual reality of the property. The images used in the advertisements are provided by the owners or agents of the offices and therefore, the veracity of the same is not guaranteed by Immosud Tenerife S.L.. The platform owner assumes no responsibility for the accuracy, authenticity, completeness or up-to-dateness of the images used in the advertisement. Any transaction or decision based on the information provided on our platform is made under the sole responsibility of the user.
Call us quickly to ask for more informations, pictures or To visit it at our whatsapp nº +34 650 020985 "
Property Features
- 5 bedrooms
- 5 bathrooms
- 340m² Build size
- 270m² Plot size
- near transport
- near beach
- close to shops
- terrace
- lift
Costing Breakdown
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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