€ 80,000
Flat for sale in Buenavista, Santa Cruz de Tenerife, Tenerife
- 87 m2
- 3
- 1
Description
Look for an investment opportunity in Santa Cruz de Tenerife.
The property is offered under the bare ownership (nuda propiedad) modality, a formula for investors seeking long-term returns in one of the most attractive and dynamic capitals in the Canary Islands.
Property information:
- Location: Santa Cruz de Tenerife.
- Size: 87 m².
- Condition: the home is in good condition.
- Age: 1950.
- Other standout features: apartment with an interior patio, providing additional ventilation and a highly valued private outdoor space.
About the area:
- Located in Santa Cruz de Tenerife, the island’s capital, with good connectivity and high residential demand, both for a primary residence and for heritage-focused investment.
- Transport: excellent connection via the network of urban and interurban buses, quick access to the TF-5 and TF-1 highways, and proximity to the tram that connects with La Laguna. Easy access to the port and to the main roads for entering and leaving the city.
- Nearby services: a wide range of supermarkets, local shops, medical centers, hospitals, schools, secondary schools, and administrative and financial services typical of a provincial capital.
- Leisure and recreation: close to shopping areas such as Calle Castillo and shopping centers, cultural venues such as the Auditorio de Tenerife, the TEA, and Parque García Sanabria, as well as seaside promenades and green areas to enjoy the outdoors.
An investment with social impact
With this investment, the current owner, a 65-year-old man, will retain the lifetime usufruct of the property, ensuring his peace of mind and well-being.
At the end of the usufruct, the buyer will obtain full ownership of the property—a high-potential asset for appreciation in a well-established capital city, with limited land supply, which strengthens the attractiveness of the investment in the medium and long term.
Economic conditions:
- Price: 80,000 €.
Associated expenses:
- Paid by the owner:
- IBI (property tax).
- Extraordinary community fees (if applicable).
- Building insurance.
- Paid by the usufruct holder:
- Ordinary community fees.
- Municipal waste fees.
- Utilities.
- Contents insurance for the property.
Features
- Flat
- Bedrooms: 3
- Bathrooms: 1
- Build Size: 87 m2
- Year Built: 1950
- Energy Efficiency Rating: In Progress