€ 220,000
Townhouse for sale in San Cristóbal de La Laguna, Tenerife
- 158 m2
- 6
- 2
Description
Investors take note! High-return opportunity in Geneto: Detached house with two independent dwellings, a roof terrace with sea views, and significant potential for expansion. Important note: This property is not eligible for a mortgage. Available only to buyers with their own funds. An exceptional property designed exclusively for investors seeking an asset capable of generating multiple income streams from day one, or for buyers who do not require bank financing.
Ground floor (ready to update and generate income) Currently comprises 3 bedrooms, a living room, kitchen, bathroom, two light wells providing excellent ventilation and natural light, and a small outdoor balcony. It needs updating, offering the opportunity to increase its value quickly through renovation.
Upper floor (design to your taste or high returns) With fully independent access, this floor has its structure and exterior walls completely finished. The interior is open-plan, offering the competitive advantage of designing the layout from scratch (ideal for maximizing the number of bedrooms or creating a designer apartment). It also has an outdoor balcony.
Roof terrace with potential for a third dwelling Spacious roof terrace with pleasant sea views and two laundry rooms. There is technical and planning permission potential to build a third apartment, which would immediately multiply the return on investment (ROI).
Strategic location Located in Geneto, in a very quiet area with easy parking and convenient connections to the island’s main services and transport links.
A unique opportunity in today’s market to acquire an entire building with potential for up to 3 independent residential units.
Features
- Townhouse
- Bedrooms: 6
- Bathrooms: 2
- Build Size: 158 m2
- Energy Certificate (Consumption): G
- Energy Certificate (Emissions): G