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Bungalow for sale in Costa Adeje, Spain - BES238

Avenida de Bruselas, 38679, Costa Adeje, , Spain
715,000 €
No. BES238
  • 10 bed
  • 10 bath
  • 180 m

Description

It is a safe and profitable investment both in vacation mode and as a long-term rental since it is located in a privileged location in Tenerife South, which guarantees high demand from tourists or tenants. Plus, it's in the popular Fañabe area, meaning guests have access to a variety of on-site amenities and entertainment. property with a renovated vacation license in the Fañabe area, which has 10 fully equipped mini-studios with a bathroom and mini kitchen in each of them, totaling 180m2 built, and with VV (Vacation Housing) licenses. The mini-studios are comfortable, cozy and with very modern finishes. Each studio features a private bathroom and mini kitchen, providing a self-contained and flexible accommodation experience for guests. The spaces are tastefully designed and decorated, and equipped with everything guests need for a pleasant stay. This property is a unique opportunity for investors looking for a profitable way to invest in Tenerife. Fañabe is a popular place for tourists looking for quality accommodation in Tenerife, which means an investment with high demand and profitability. This Project is an extremely profitable investment. With an estimated net profit of €100,000 annually with vacation exploitation. This translates into an estimated profitability of almost 15%, making it an attractive and very safe investment.

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