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Sorry, this property is sold! It was an absolute bargain price – make sure you do not miss out on the next one by subscribing to repossession and bargain property alerts below and receive all our new listings as we publish them – don´t miss another Tenerife bargain!

3 bedroom, 2 bathroom detached villa with private pool for sale in Chayofa, now reduced by 125,000€. The property has been on the market at 385,000€ and has now been reduced to just 285,000€ 259,950€ a size-able discount.

The property is set over two floors and you enter the property on the top floor. On this level you have a large family lounge with a fireplace and a dining area. There is an independent kitchen, fully equipped with all white goods, two bedrooms and a family bathroom. From this level there are sea views and patio doors lead to stairs down to the garden. On the lower level you will find another double bedroom, a bathroom and a lounge with open plan kitchen. From here you have direct access to the garden. The lower level of the house has independent access and can be completely separated from the rest of the house meaning the bedroom, bathroom and lounge/kitchen can actually be rented out to provide an income. Rental would be in the region of 400€ to 450€ per month. The other advantage of renting out the studio is where you are not moving into the property permanently. With a tenant downstairs you are not leaving an empty villa for several months at a time.

The garden is private and receives sun all day. It also benefits from mountain views. However the big selling point for many will be the private swimming pool in the beautiful mature private garden. Additional selling points are a car port with off street parking, solar panels for heating the water, an security alarm system and no through traffic outside the property. The property is also sold fully furnished.

Price wise this is unbeatable, there are 3 bedroom townhouses with communal pools going for this price in Chayofa. So if you are considering something along those lines then you really need to view this one as you are getting so much more for your money. To have a detached villa with its own swimming pool in Chayofa for under 300,000€ is exceptional! As such, any offers would need to be very close to the asking price.

Chayofa is an upmarket village, very popular with expatriates and pitched towards the higher end of the market. There are 4 or 5 nice nice bars and restaurants in the area with the newest one being The Treehouse which is very popular. There are tennis courts, a country club and nearby is Aguilas del Teide or The Jungle Park. Currently under construction on the outskirts of Chayofa is the new hospital which will be the largest on the island once complete. Chayofa is literally 5 minutes from Los Cristianos but far enough away that it is a quiet, peaceful area.

An excellent option for a resident family looking to upgrade to a bigger property or for a family moving over from the UK looking for something a little bit special at a very low price. There aren´t many photos yet and we dont have any of the downstairs apartment but will have some this week. If you would like us to send you an email when we have these, please let us know.

Mortgages in Tenerife

We can offer a 70% mortgage on this property meaning you could borrow 182,000€ at a rate of 4% over 30 years. Monthly repayments would be around 869€ 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 106,000€ with a 70% mortgage.

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Sorry, this property is sold! It was an absolute bargain price – make sure you do not miss out on the next one by subscribing to repossession and bargain property alerts below and receive all our new listings as we publish them – don´t miss another Tenerife bargain!

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Last updated by Andy Ward.