€ 538,963
Villa for sale in Radazul, El Rosario, Tenerife
- 305 m2
- 5
- 3
Description
Townhouse in Radazul with 305 m² built, designed for those seeking space, privacy, and a privileged location in one of the most sought-after residential areas in eastern Tenerife. The property has 5 bedrooms, 4 bathrooms, 3 parking spaces, and large terraces that provide natural light, openness, and multiple uses. It also includes its own private pool, a highly valued added feature for enjoying the climate all year round.
Its location is one of its great attractions: just 5 minutes by car from Radazul beach and 8 minutes from the center of Santa Cruz de Tenerife, combining residential tranquility with excellent connections to the city and main services.
This is a very interesting opportunity for investors and buyers looking to acquire a property below market value, with a price of €1,763/m², compared with a local average above €2,000/m². This difference makes the property an option with high rental potential.
Important: it is currently not possible to visit the property, as it is subject to a legal eviction procedure arising from an expired rental contract and a termination notice served in accordance with the legal notice period.
A unique opportunity for those who value location, size, and profitability potential: after one (1) year it would generate a gross return of 14.80% - after two (2) years a gross return of 16.22% - and after three years, a gross return of 17.64%.
Layout: Basement floor with one bedroom, one bathroom, and a large garage for approximately 3 cars; the next floor, which is the entrance level, has a terrace, one bathroom, a small room/office, living room, kitchen, and a large terrace with private pool; and the top floor has three bedrooms (one of them en suite with a private terrace and bathroom) and one bathroom.
Features
- Villa
- Bedrooms: 5
- Bathrooms: 3
- Build Size: 305 m2
- Energy Efficiency Rating: In Progress