Area: El Medano
Mortgage available: 276,500€
Mortgage per month: 1,204€
Cash deposits needed: 162,000€
Exterior m2: 15,000
Community Fee per month: None
Independent villa for sale with 15,000m2 of land in El Medano – reduced price!
This 2 bedroom villa and land for sale in El Medano was previously on the market for 595,000€! It is now available at a knock-down 395,000€! That´s a 200,000€ reduction. For this you get an independent villa with views in all directions and a whopping 15,000m2 of land. This land requires no maintenance or upkeep – therefore no cost to you. It is currently designated as Rustica, however this status could be changed at some point to Urbano making this land extremely valuable. There are also no community fees on this villa.
Full property description
The property is to be sold fully furnished and the furnishings are to a high standard throughout the villa. The lounge is large, light and airy. It has recently been redecorated and has had new floor tiles and ceiling coving. The lounge has sea and mountain views and from the lounge there are double doors leading out to the rear balcony. The rear terrace is a great sun bathing area. There are steps leading to the double Barbeque and grill, the bar and the electric spit. There is also a fully installed, functioning beer pump! There is a corner seating area and sufficient space and tables/chairs to seat up to 30 people – great for parties and really does lend itself to the al fresco lifestyle which the Tenerife climate makes so appealing. Off the lounge area there is a open plan dining room with a fitted “rustic” bar and a fully fitted kitchen with floor to ceiling units, a double sink and drainer and an electric hob and oven with with extractor. The water is heated by gas.
The first bedroom has an en-suite bathroom, built in wardrobes, wooden ceiling beams, a ceiling fan and doors leading out on to one of the side balconies. From this room you have views to the sea. The second bedroom is also en suite and is the smaller room of the two. No balcony, but it does have views to the rear of the property.
Outside, as well as the rear terrace already mentioned, there a large patio/garden currently being used as a utility area, this would look fantastic if laid with grass or good quality astro turf. There is also enough outdoor space for an independent swimming pool to be installed if required. Another great feature is the front balcony which is covered and has a heavy wooden table and chairs that seats 10. What a fantastic property to have guests over!
The large garage is currently outfitted as a workshop and additional storage area, it is easily big enough for a large 4×4 vehicle and would convert well to a 3rd bedroom. As well as the garage, there is a small storage building erected on the land to the rear of the villa. This could be extended and utilised as a games room, independent study or also converted to another bedroom. The driveway is size-able with space for multiple vehicles.
The villa has security grills and security lighting, Sky TV, attractive gardens to the front and side and benefits from great views in every direction. You are a 10 minute walk to the beach at El Medano.
El Medano is a coastal town in the South East of the island. El Medano is certainly not as popular a resort as Los Cristianos or Las Americas but this is part of its charm. The town is a bustling mix of regular tourists and people going about their daily business. It has a good range of restaurants and a very pretty sea front where the beach is literally a part of the town centre. It is the kind of town people fall in love with and many wouldn´t dream of holidaying or living anywhere else. If you have never been, then it is well worth a look – even if you have no intention of buying a property in El Medano. The famous red rock divides El Medano´s beaches. On one side you have the town and beach and on the other an enormous unspoiled beach, famous for water-sports due to the consistent stiff breeze that runs along the coastline.
If you are in the market for an independent villa in a beautiful, unspoilt location, then this is a great option. You have a lot of privacy and a heck of a lot of space. There is also plenty of potential for expansion – additional rooms, games room, lawns, swimming pool, hot tub etc, great if you are looking for something to improve upon but no improvements are actually necessary and you could move in right away. A huge reduction on the price and an excellent example of a top quality villa for sale in El Medano. Of note, there is an additional plot of land available if required, measuring 27,900m2 – details available on request.
Mortgages in Tenerife
Need a Tenerife mortgage? No problem, we can offer up to 276,500€ at rates from 3.25% for up to 30 years. With those terms you could buy this for around 162,500€ cash down with mortgage payments from as low as 503€ per month. Pre-qualification takes 10 minutes over the phone and we can then submit for underwriting once we have the relevant paperwork (contact us for more details.)
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