Villa for sale in Ifara, Santa Cruz de Tenerife, Tenerife

Are you looking for a unique investment opportunity in Santa Cruz de Tenerife?

Kalma is offered for sale under a freehold scheme with a life-long rental for this property.

Economic conditions:
- Sale price: 1.364.172 €.
- Rental income to be received: 2.804 €/month.

Property information:
- Location: Calle Rubens Marichal López, Santa Cruz de Tenerife.
- Size: 514 m².
- Condition: The home is in good condition.
- Age: 1977.
- Other standout features: A detached chalet with magnificent panoramic views over the port and the city of Santa Cruz de Tenerife, also featuring an indoor, heated swimming pool.

About the area:
- Located in one of the most exclusive and sought-after residential areas of Santa Cruz de Tenerife, known for its tranquility, privacy, and excellent quality of life.
- Transport: It has fast connections to the city center, the TF-5 motorway, and the rest of the island, along as well as access to nearby public transport lines.
- Nearby services: There are supermarkets, educational centers, sports facilities, medical centers, pharmacies, and all kinds of services needed for everyday life just a few minutes away.
- Leisure and recreation: The area offers a wide range of dining options, shopping areas, green spaces, and proximity to the urban center and the Santa Cruz coastline, making it possible to enjoy cultural, sports, and leisure activities year-round.

An investment with social impact

With this investment, the current owners, a man aged 86 and a woman aged 81, will sell their home and continue living in it as life-long tenants, ensuring their peace of mind and wellbeing.

At the same time, the buyer will receive the agreed rental amount each month, with the security of having as tenants the same people who have been living in the property and looking after it for years. At the end of the life-long rental, the buyer will be able to take possession of the property, a unique asset with high revaluation potential in one of the best residential areas of Santa Cruz de Tenerife.

Associated expenses:
- Paid by the owner: IBI, homeowners’ association fees, waste collection fee, building insurance.
- Paid by the tenant: monthly rent, utilities, contents insurance for the property.