Villa for sale in Corralejo, La Oliva, Fuerteventura

Beautiful two-bedroom semi-detached villa in a private residential complex in Corralejo!

Centrally located villa with immediate rental income.

The Location:

Located in Corralejo, one of the island's most popular tourist destinations thanks to its stunning beaches and diverse culinary offerings, this villa is situated within a private and tranquil complex. Just steps away, you can enjoy the charming La Tunera Park, perfect for leisurely strolls, as well as the El Campanario Shopping Centre, where you'll find shops, restaurants, and a supermarket.

The Property:

The Villa over three floors is registered as a 2 bedroom 2 bathroom + 1 WC with Basement and garage, however it has been modified into 4 separate units each with their own private kitchenette and separate access that share the use of the swimming pool. Each unit has been rented to tenants on fixed term 1 year contracts that returns the owner a valuable passive income of over 6% Return on Capital Employed.

The Monthly Community Fees are approximately 40 euros and estimated annual IBI Council Tax is 400 euros.

Key features:

Immediate Passive Income.

Large Villa in Central Location.

Shared use of Swimming Pool.

Land Use: Ubano/ Residential.

Sold including the current rental tenants.

This property is a must-see if you're looking for one of the most fabulous locations in Fuerteventura.