Quick sale wanted on a large 2 bedroom corner apartment in San Isidro, down to 120,750€

Large 2 bedroom corner apartment in the new up and coming West side of San Isidro, Tenerife. Very spacious at 90m2 and has an additional 45m2 private rooftop solarium and your own underground parking space.

Originally reduced from 152,000€ down to 137,500€, the owner has reluctantly had to reduce the price again and really wants a quick sale. As such, it is now available at a knock-down 120,750€. Make no mistake – this really is a bargain.

Being valued upwards of €152,000 you will not find one cheaper than this, plus this is one of the sought after corner apartments. The open plan design has been well thought out, with lots of natural light and huge windows which give fantastic views in several directions.

The finishing is of a surprisingly high standard. Both bedrooms are full, double rooms and the master bedroom is en-suite with it s own jacuzzi and separate shower.

The entire area has had tens of millions pumped into it recently with a new access road leading directly to the south motorway. A brand new shopping mall has just opened in the town and there are now two large, national supermarkets present as well as plenty of bars, restaurants and other shops. Bar and restaurant prices are “local” rather than “tourist price” meaning you can live here very comfortably, eat out regularly etc without breaking the bank.

The beach resort of Medano is a 5 minute drive, straight down the road and is a nice place to visit at the weekends. The airport is a few kilometers East and Los Cristianos/Las Americas, 15 minutes to the West. The town is sizeable enough to support its own economy and continues to grow at a rapid pace giving a good 5 to 10 year exit strategy should you wish to sell on.

The apartment is fully furnished – you could move in immediately or rent it out. The rental market in this area is for long lets to young professionals, 30 somethings etc and this apartment will rent out for between 550€ and 750€ per month. This makes the apartment “Buy-to-let positive” – the rental income more than covers even an 80% repayment mortgage.

• Buy now for 120,750€ cash (plus 10% costs, approx. 12,750€)

Or

• With a 80% mortgage (96,600€) and 24,150€ cash (plus 11% costs, approx. 13,282€)
  Mortgage of approx *261€* per month interest only or 420€ per month capital and repayment.
• Consult our Tenerife Mortgage Calculator for further details