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JUST REDUCED BY 35,000€ more to 165,000€!!!

Large property set over 3 levels containing 4 bedrooms as well as an independent “granny flat” on the lower level. An excellent family home, reduced from 240,000€ to 199,950€. Now 165,000€. That is an overall reduction of 75,000€ from the original list price.

The house has a large lounge, with a conservatory area from which you have excellent sea views. There is a fully fitted family size kitchen, 4 bedrooms (two large and two smaller rooms) in the main part of the house and two bathrooms. Outside is a wrap around terrace, again with sea views.

On the lowest level there is a patio area and access to the granny flat. The granny flat is a good size with a kitchen area, lounge and bedroom and bathroom to the rear. As it has its own door and exterior door this could be let out independently to generate a monthly income.

In total the interior area measures around 240m2 while the terrace and patio are an extra 75m2. The townhouse is set off a cul de sac so no through traffic and is in a quite residential area called La Tejita which is close to El Medano. The beach is directly in front of the property (around 250 metres ) and from the terrace you can see the famous “Red rock.” Nearby there is a beach cafe/restaurant and a small shop. Other than that though a car is required to live in this area as the nearest shopping areas are just under 2 miles away. There is a constant stiff breeze in this area and you will almost always find kite surfers and wind surfers on the beach nearby. Its a great area if you have dogs etc and like to get out and about as its still very much unspoiled. This is a good price for a large property in the area and would suit a family looking to relocate.

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Mortgages in Tenerife

We can offer a 70% mortgage on this property meaning you could borrow 115,000€ at a rate of 4% over 30 years. Monthly repayments would be around 551€ and you would require a deposit of 30% plus an additional 11% to cover legal fees and taxes. Total cash required to purchase would therefore be around 67,500€.

Last updated by Andy Ward.