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One bedroom apartment for sale in a premium position on the Santa Maria complex in Tenerife

Just reduced in price from 170,000€ to 149,950€, given the location of the apartment on the complex this is a very competitive price for a top property on Santa Maria and it now comes with a 20,000€ discount!

The apartment is overlooking the swimming pool, South facing and has excellent, uninterrupted sea views.

Inside it is spacious and light and the whole apartment has recently been fully refurbished to a high standard. There is no work or renovations required, you could buy it and move in/rent it out immediately. The apartment is very nicely furnished ans is being sold part furnished. The main room consists of the lounge area with a fixed dining area opposite which is a fitted kitchen along one of the walls. The double bedroom and bathroom and bathroom sits off the lounge near the entrance. At the front of the lounge are double doors to the balcony. The owner has a table and chairs on the balcony and has also put a sofa out there for relaxing in the morning sun. From the balcony you have amazing views of the whole area, the Santa Maria complex and views out to sea. It really is well positioned and has perfect orientation for all day sun.

The Santa Maria hotel complex is extremely well kept with full touristic facilities which include two swimming pools, a 24 hour reception (so your guests can arrive at any time) large sun decks with lots of new sunbeds, a bar and restaurant inside and a poolside bar that serves food and drinks all day. Santa Maria is family friendly but also ideal as a base for couples without children. The complex is situated is the heart of Torviscas Bajo and is just a two minute walk away from the beach (Playa La Pinta.) Puerto Colon is also just a few minutes walk away.

The apartment is a solid investment rental demand in this area and on this particular complex is very high. When you are not using the apartment yourself we can arrange for a professional rental agency to fully manage your apartment. They can provide in excess of 40 weeks rentals a year if necessary. With this amount of bookings you could quite easily cover all costs of owning as well as mortgage repayments if you require finance. The community fees on this apartment are around 200€ per month but this does include water and electricity bills and you and your clients have full access to the hotel facilities including 24 hour reception and security – it works out as a pretty good deal and just one weeks rental more than covers this for the whole month

This is quite easily one of the best one bedroom apartments currently for sale on Santa Maria and at this price it is unlikely to be on the market for too long.

Mortgages in Tenerife

Need a Tenerife mortgage? No problem, we can offer up to 105,000€ at rates from 3.5% for up to 30 years. With those terms you could buy this for around 50,000€ cash down with mortgage payments from as low as 472€ 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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Sorry, this property is sold! It was an absolute bargain price – make sure you do not miss out on the next one by subscribing to repossession and bargain property alerts below and receive all our new listings as we publish them – don´t miss another Tenerife bargain!

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Last updated by Andy Ward.