Area: Los Cristianos
Complex: Gran Oasis Golf Resort
Mortgage available: 65,000€
Mortgage per month: 282€
Cash deposits needed: 56,000€
Exterior m2: 18
Balcony/Terrace Balcony and terrace
Garden: Communal Gardens
Community Fee per month: 180€
A 1 bedroom luxury duplex apartment for sale on the Gran Oasis Golf Resort complex in Los Cristianos. Usually priced at 135,000€ and upwards this is an excellent opportunity to grab a top quality apartment at a knock down price of just 110,000€.
You enter the property on the upper floor where there is a lounge, semi independent kitchen with breakfast bar and double doors out onto a South facing balcony. Down the marble stairs you will find a large double bedroom and bathroom with full size bath. Off the bedroom there is a big terrace – again, South facing.
This apartment is situated to the rear of the resort meaning no noise from the pool. Quiet and relaxing – the only thing you dont have are sea views. The apartment is luxurious, spacious and attractive, a very good property for taking holidays. But as nice as the apartment is, it is the complex of Gran Oasis Resort itself that makes this property so attractive and such a good price
Gran Oasis Golf Resort is a fully featured luxury hotel resort next to the Las Americas Golf course. With a huge outdoor swimming pool on one level, a large swimming pool on the upper level, several children’s pools, a restaurant, two bars, an on site supermarket, children’s entertainment group, 24 hour reception, excursion booking, beauty salon – the list goes on. To stay in an apartment like this, depending on the time a year would cost you upwards of 400€ per week.
The complex is just over 1 mile away on foot from the nearest beach of Playa Las Vistas in Los Cristianos. But there is a free courtesy bus that runs into the resorts and back 4 or 5 times a day and a taxi down is a few Euros.
This property was bought as an investment by a company taking advantage of tax breaks and is now being offloaded as the tax incentives no longer apply. Standard prices for one bedroom duplexes on this complex are from 135,000€ upwards so this is easily the best price on the market and represents a serious bargain. They are slightly negotiable on price but know this is already priced very keenly for such a good property
Mortgages in Tenerife
We can offer a mortgage on this property of 65,000€ at a rate of around 3.25% over 30 years. Monthly repayments would be approximately 284€ and you would require a deposit of 45,000€ plus an additional 11,000€ to cover legal fees and taxes. Total cash required to purchase would therefore be around 56,000€
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