Distressed sale,1 bedroom apartment in Playa Paraiso Tenerife down to €87,500

1 bedroom apartment in Club Paraiso, Playa Paraiso, Tenerife. 1 double bedroom, balcony, fantastic sea-views DISTRESSED SALE!

These apartments value at between €120,000 and €135,000 and are well worth a look. Up and coming area in a fully refurbished complex. This one is the pick of the bunch and is a real steal at only €87,500.

It is fully furnished – you could move in immediately or rent it out immediately. Rental income on 1 bedroom apartments in this area varies between €480 and €580 per month for long term and €2o0 to €350 per week  on the holiday rentals market.

• Buy for €87,500 cash (plus 10% costs, approx. €8,750)

Or

• With a 70% mortgage (€61,250) and €26,250 cash (plus 11% costs, approx. €9,625)
  Mortgage of approx *€175* per month interest only.
• Consult our Tenerife Mortgage Calculator for further details