1 Bed Apartment for sale in Paloma Beach, Los Cristianos, 265,000€

Property Details

Type: Apartment
Area: Los Cristianos
Complex: Paloma Beach
Price: 265,000€
Mortgage available: N/A
Mortgage per month: N/A
Cash deposits needed: 289,000€
Interior m2: 52
Exterior m2: 12
Bedrooms: 1
Bathrooms: 1
Balcony/Terrace Terrace
Garden: Communal
Community Fee per month: 120€

Property Photos

1 Bed Apartment for sale in Paloma Beach, Los Cristianos, 265,000€ (absolutely non-negotiable.)

Superb 1 bedroom apartment which has been completely refurbished and improved throughout. Situated on the touristic complex of Paloma Beach, in an excellent position, within Los Cristianos. The apartment consists of a spacious lounge, balcony, brand new modern kitchen, large double bedroom with storage and bathroom. The comfortable lounge comes complete with new furniture. At the far end of the lounge, patio doors lead out onto a spacious, South-facing terrace which has impressive views of the entire pool area and children´s play area, as well as the complex gardens.

Paloma Beach is a beautiful, self-catering holiday complex over 4 storeys. All of the facilities you would expect are here including a large, recently modernised, heated swimming pool and Jacuzzi, onsite reception, children’s play area and free Wi-Fi.

The complex is fully compliant with Tourism laws in Tenerife and offers a completely hands-free rental program which pays very well to apartment owners on the complex. The management company will rent this apartment out for you, generate clients, organise keys, cleaning, maintenance, any and all of your guest’s needs and are able to comfortably provide 45 weeks per year of bookings if you wish. I have a lot more information on the rental program and expected levels of return, which I can send to everyone who is interested. This specific apartment requires only 6,000€ of work in order to bring up to the required standard for the premium rental program. Once upgraded the apartment should generate around a 4.5% rental return (before tax) for the owner.

Paloma Beach has been improved massively over the years and has received a TripdAdvisor “Certificate of Excellence” every year for several years now.

Just outside the complex, you will find a plethora of bars and restaurants along the main street. There are no inclines here, it is a very easy place to walk around and there is also a great beach bar across the road! The nearest supermarket is Iceland, which stocks all UK food products and this is also just outside the complex.

It is an increasingly popular complex for holidaymakers and owners alike and with rated as one of, if not the best in Los Cristianos.

A completely refurbished apartment in a great position on one of the best touristic apartments in Los Cristianos. When you are not enjoying your apartment in Paloma Beach yourself, it will generate great rental returns for you, hands-free, all year round!

Fill out the form below or give me a call on (0034) 671 114 013 if you´d like to take a look.

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