Very cheap 1 bed apartment in Palm Mar – 69,950€!

Property Details

Type: Apartment
Area: Palm Mar
Complex: Flamingo
Price: 69,950€
Mortgage available: 49,000€
Mortgage per month: 135€
Cash deposits needed: 29,000€
Interior m2: 46
Exterior m2: 8
Bedrooms: 1
Bathrooms: 1
Balcony/Terrace Balcony
Garden: No
Community Fee per month: N/A

Property Information

Very, very low price on this apartment property in Palm Mar – Only 69,950€ from its original price of 110,000€. The owner simply has to sell up and has reduced the price massively to encourage a quick sale. This is an absolute bargain Tenerife property for someone – especially if you appreciate an amazing view every morning!

A decent sized 1 bed at 46m2 it also has an 8m2 balcony – ideal for breakfast in the morning sun and what about those views?

Centrally located, close to shops, bars, restaurants, the taxi rank and the new bus stop. The apartment is to be sold fully furnished with a new kitchen. Great for a Tenerife getaway but would also make an ideal buy to let with long term rental prices at around 400€ per month and the mortgage only costing 135€ per month.

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