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Apartment & condo for sale in Santiago del Teide
USD 184,273
Apartment & Condo (For sale)
Reference:
XTPE-T412
/ aaep1866
An exclusive penthouse is for sale on a leasehold basis , offering stunning views of the sea and the majestic cliffs of Los Gigantes in Tenerife , located in one of the most valued and renowned areas of the island. The property is part of the iconic residential complex Poblado Marinero, a picturesque setting known for its traditional Canarian architecture, peaceful atmosphere, and immediate proximity to the beach, the Los Gigantes Marina, and the sea. Located in the municipality of Santiago del Teide, in the area of Los Acantilados de Los Gigantes, this penthouse offers a privileged location for those who wish to live by the ocean in a place of great scenic and touristic value. The home has approximately 70 m² of built area, including the terrace. The interior includes a bright double bedroom with built-in wardrobes and natural ventilation; a spacious living room with direct access to the terrace; an American-style kitchen; a full bathroom; and a practical storage space with room for a washing machine and electric water heater. The property is situated on the third floor with an elevator, ensuring full comfort and accessibility. The building stands out for its excellent internal connectivity: the elevator offers direct access to the garage area, which also connects to the beach and the marina, allowing you to enjoy the sea within minutes without needing a car. The complex offers numerous facilities at street level, such as bars and restaurants, supermarkets, shops and an attractive beach club, creating a practical and vibrant environment for both residents and visitors. The bathroom has been recently renovated, as well as the electrical installation and all lighting. The entire property has also just been freshly painted. Important: This property is subject to an administrative concession (Leasehold) valid until 2050 , the longest in all of the Canary Islands. All apartments, commercial premises and moorings in this area follow this system due to their proximity to the coast, making prices very competitive. When purchasing, you are acquiring the right of use and enjoyment until the end of the concession. The buying process is simple, as it is done privately without the need to go to a notary. You only need to obtain a Spanish NIE. Once the purchase contract is signed and payment is made, you take possession of the property and the keys on the same day, and we carry out the change of ownership with the complex administration, which is the Los Gigantes Marina. This penthouse is ideal for long-term rental between €1,100 and €1,200 per month, plus electricity costs. We assist with the entire rental management as well as post-sale service. You may also sell the property at any time. Holiday rentals are not permitted in this complex. For example, at €1,100 per month, that amounts to €13,200 per year, which over 25 years (300 months) equals €330,000. This represents an excellent investment opportunity, with an annual gross return of 8%. For more information or to arrange a viewing, please do not hesitate to contact us.
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An exclusive penthouse is for sale on a leasehold basis , offering stunning views of the sea and the majestic cliffs of Los Gigantes in Tenerife , located in one of the most valued and renowned areas of the island. The property is part of the iconic residential complex Poblado Marinero, a picturesque setting known for its traditional Canarian architecture, peaceful atmosphere, and immediate proximity to the beach, the Los Gigantes Marina, and the sea. Located in the municipality of Santiago del Teide, in the area of Los Acantilados de Los Gigantes, this penthouse offers a privileged location for those who wish to live by the ocean in a place of great scenic and touristic value. The home has approximately 70 m² of built area, including the terrace. The interior includes a bright double bedroom with built-in wardrobes and natural ventilation; a spacious living room with direct access to the terrace; an American-style kitchen; a full bathroom; and a practical storage space with room for a washing machine and electric water heater. The property is situated on the third floor with an elevator, ensuring full comfort and accessibility. The building stands out for its excellent internal connectivity: the elevator offers direct access to the garage area, which also connects to the beach and the marina, allowing you to enjoy the sea within minutes without needing a car. The complex offers numerous facilities at street level, such as bars and restaurants, supermarkets, shops and an attractive beach club, creating a practical and vibrant environment for both residents and visitors. The bathroom has been recently renovated, as well as the electrical installation and all lighting. The entire property has also just been freshly painted. Important: This property is subject to an administrative concession (Leasehold) valid until 2050 , the longest in all of the Canary Islands. All apartments, commercial premises and moorings in this area follow this system due to their proximity to the coast, making prices very competitive. When purchasing, you are acquiring the right of use and enjoyment until the end of the concession. The buying process is simple, as it is done privately without the need to go to a notary. You only need to obtain a Spanish NIE. Once the purchase contract is signed and payment is made, you take possession of the property and the keys on the same day, and we carry out the change of ownership with the complex administration, which is the Los Gigantes Marina. This penthouse is ideal for long-term rental between €1,100 and €1,200 per month, plus electricity costs. We assist with the entire rental management as well as post-sale service. You may also sell the property at any time. Holiday rentals are not permitted in this complex. For example, at €1,100 per month, that amounts to €13,200 per year, which over 25 years (300 months) equals €330,000. This represents an excellent investment opportunity, with an annual gross return of 8%. For more information or to arrange a viewing, please do not hesitate to contact us.
Reference:
XTPE-T412
Country:
ES
Region:
Acantilados De Los Gigantes
City:
Poblado Marinero
Category:
Residential
Listing type:
For sale
Property type:
Apartment & Condo
Property size:
753 sqft
Bedrooms:
1
Bathrooms:
1
REAL ESTATE PRICE PER SQFT IN NEARBY CITIES
| City |
Avg price per sqft house |
Avg price per sqft apartment |
|---|---|---|
| Guía de Isora | USD 270 | USD 327 |
| Adeje | USD 402 | USD 363 |
| Arona | USD 313 | USD 329 |
| San Miguel de Abona | USD 247 | USD 268 |
| Granadilla de Abona | USD 197 | USD 251 |
| Tacoronte | USD 149 | - |
| Santa Cruz de Tenerife | USD 233 | USD 287 |
| Mogán | - | USD 361 |
| Las Palmas | USD 211 | USD 247 |
| Telde | - | USD 203 |
| La Oliva | USD 237 | - |