Property Details
Area: Adeje
Complex: N/A
Price: 499,950€
Mortgage available: 349,965€
Mortgage per month: 1,383€
Cash deposits needed: 205,000€
Exterior m2: 100m2
Bedrooms: 5
Bathrooms: 3
Balcony/Terrace Balcony and large roof terrace
Garden: Yes
Community Fee per month: N/A
Property Information
Amazing deal!!! When you purchase this great 3 bed, 2 bath Villa in Adeje, you will also receive a 2 bedroom apartment and a large shop/office. 3 properties for the price of one!
The villa was originally purchased for 750,000€, including the 2 bed apartment and the office was 100,000€. Thats 850,000€ worth of property. The owner really would like a quick sale and is willing to take 499,950€ for all three properties.
The Villa is large, well furnished with plenty of space both inside and out.
The 2 bedroom apartment comes in at 70m2 so is by no means small in itself. Renting this out long term will comfortably net 450€ per month.
The shop/office space is another 70m2 and will easily command 450€ per month minimum. That´s 900€ per month income!
The property is close to the local school so very handy for families and there is a large supermarket a 2 minute drive away. It is well worth viewing as there really is a lot to see and the pictures don´t even begin to do this place justice.
Standard mortgages are available at up to 70% of the purchase price. The property is open to offers but has had a whopping 250,000€ cut already and the owner is not messing around – they want out. 3 great properties, a decent income stream and great resale value.
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