Apartment for sale in Puerto Santiago, Santiago del Teide, Tenerife

Unique opportunity to acquire a full residential building in Puerto de Santiago, one of the most sought-after areas on the southwest coast of Tenerife, located just 150 meters from the sea and within walking distance of La Chica beach. Surrounded by services, restaurants, and tourist areas, this asset offers strong investment potential.

Asset description
The building is distributed over three floors plus a spacious communal rooftop terrace with views of Mount Teide and partial sea views. It consists of 12 apartments, some with balconies or terraces.

Layout:
Ground floor: 3 studios and 1 one-bedroom apartment, plus common areas
First floor: 5 studios and common areas
Second floor: 3 one-bedroom apartments and common areas
Rooftop: versatile communal space with panoramic views

Current status
All units are currently rented on a long-term basis, ensuring immediate rental income.

Investment highlights
Income-generating asset
Value-add opportunity through renovation
Prime location with strong tourist and residential demand
Flexible repositioning potential

Additional features
Solar-powered hot water system
No community fees
Full operational independence

Additional information
Property tax (IBI): €711/year
Year of construction: 1989

Note: As all units are currently rented and the business is in operation, no images are published for privacy reasons.