Puerto de Santiago Apartments, Tenerife - Puerto de Santiago Property for Sale 2377


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Property Los Gigantes
Information on this Los Gigantes property is given below. If you want to find out more details, either use the email or telephone number below, to contact the owner or agent.

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For more information call Canary Islands Estate Agents 0034 922742133 or click here to email.
Property for sale Puerto de Santiago, Tenerife, Spain Puerto de Santiago Apartments For Sale Price: 125,000.00 Euros
Apartments Sales ID: 2377 Property (Apartments) for sale in Puerto de Santiago, Puerto de Santiago, Spain These luxuriously appointed apartments of La Mar are situated in the picturesque fishing village of Puerto de Santiago on the South West coast of the Island of Tenerife. The clear waters of the Atlantic can be fully appreciated at the magnificent and well maintained blue flag beach of Playa de la Arena which is found a mere 500 meters from your apartment. The Complex has 42 apartments located on the 1st and 2nd floors of a 3 storey building on the beach front of Puerto Santiago. The ground floor of the Complex has a wide range of commercial shops and restaurants. The apartments and sun roof area have been subject to an extensive renovation program. All of the apartments are being fully renovated to a very high standard and the roof area has been converted into an exclusive residents area with individual roof top solariums for a selected number of apartment owners. The community fee per month is 55€ to include Electric and Water, if the rental option is taken, then you pay no community fees. The Complex comes with a fully managed rental contract from the Developer / Builder of 1000€ (500€ for 1 bed Units) per month on a 3 year (renewable) contract. We have fully checked out the rental agreement and feel this is one of the best guaranteed investments we have found on Tenerife to date. The contract can be fully renewed at 3 years for a further 3 year term. The rental contract is the best we have seen on the Canary Islands, it is a legally binding document that is signed in Notary at the same time as you sign for the property title deeds. Rental valuations are high (€1000 per month index linked) and maximum mortgages can be achieved using our nominated broker. Instant Equity is around €52,000 and the gross valuations (€237,171) have already been endorsed by lenders. Your cash requirement will be in the region of €18,500 representing an immediate 28.11% ROI, with good growth forecast for this area. A Guaranteed Investment Opportunity from 125,000€ 2 Bedroom, 2 Bathroom, 0 Garage, Apartments Local Attractions to Puerto de Santiago: Seafront This page has been viewed 3431 times. Resale Property (Apartments) for Sale Coastal Property (Apartments) for Sale
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These towns are local to Los Gigantes. Check out the villas, apartments and houses, supplied by agents and private sellers, then see how the prices compare.

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Playa Paraiso	Puerto de la Cruz	San Miquel	Santa Cruz
Teresitas	Vilaflor

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