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Renovation studio with sunny terrace – Ideal as an investment or new home
Welcome to your next great opportunity in southern Tenerife!
This charming studio to be renovated is located in the sought-after Chaparral Phase II urbanization, in Costa del Silencio, one of the quietest areas with the best quality of life on the island.
Located on the ground floor, it features a cozy sunny terrace, perfect for enjoying the Canary climate all year round. It can be converted into 1 bedroom.
The residential complex El Chaparral has a communal swimming pool, landscaped areas, and easy access to all services: supermarkets, pharmacies, shops, bus and taxi stops, bars, and restaurants… all just a few steps away.
A perfect option for those looking to live in a quiet and well-connected area, as well as for investors seeking quick profitability due to the high rental demand in the area.
Smilo Properties has it for exclusive sale and invites you not to miss this incredible opportunity.
We encourage you to schedule a visit as soon as possible; this property will not be available for long!
Property Features
- 0 bedrooms
- 1 bathroom
- 42m² Build size
- Swimming Pool
- a reformar
- cocina amueblada
- estudio
- luminoso
- piscina comunitaria
- terraza
EPC Rating
| Energy Rating Scale |
|---|
| A |
| B |
| C |
| D |
| E |
| F |
| G |
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.
Mortgage Calculator
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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