Property Details
Area: San Eugenio Alto
Complex: Malibu Park
Price: 64,000€
Mortgage available: Cash deal
Mortgage per month: N/A
Cash deposits needed: 70,000€
Exterior m2: 8
Bedrooms: 1
Bathrooms: 1
Balcony/Terrace Balcony
Garden: Communal Gardens
Community Fee per month: 100€
Property Photos
1 bed, 1 bath apartment for sale in Malibu Park, San Eugenio Alto – best price in Tenerife!
Amazing price – 21,000€ cheaper than the next best price at just 64,000€!!! This one bedroom apartment with balcony on Malibu Park is being given away as a real bargain.
Have a quick look on Google – the best price on Malibu Park for a one bed is currently 85,000€ making this an absolute “no brainer” for any investor.
This Tenerife property is an excellent investment with great rental returns. There is is a 24 hour reception, childrens play area and communal pools. Nearby you have bars, restaurants the popular Aqualand water park (a 5 minute walk.) The whole of Las Americas is right on your doorstep. A popular complex for tourists/holidaymakers, meaning rental prospects and income potential are very good.
Rental income is “hands free” meaning you can put it in the rental pool – reception takes care of everything and you earn around 550€ per month – easy money! You can also target the “Winter Sun” market and go for 3 to 6 month rentals. Expect around 750€ per month from this type of rental. We have an agency in place who can supply lots of clients if you are interested in this option.
The income is excellent when you consider this is just 64,000€. The apartment more than pays for itself even if you take it off the market for 3 or 4 months a year for your own use and family and friends.
Best price on the complex – GUARANTEED! Cash buyers only due to time constraints. Price is strictly non-negotiable. please be quick if you are interested. More details and photos to follow.
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