25 Bed Property for sale
San Eugenio Alto, Tenerife, Canary Islands, Spain
£3,883,410 *
[€4,450,000]
Full Description
For sale: Block of tourist apartments in Costa Adeje – prime location opposite Siam Park.Investment opportunity in one of the most sought-after destinations in the south of Tenerife. A full block of apartments is for sale within the Florida Park aparthotel, located in the prestigious area of San Eugenio Alto, directly across from the renowned Siam Park waterpark.The complex, built in 1985 on a 1,986 m² plot, is in good condition, with a recently renovated swimming pool and an average annual occupancy rate of 70%. The block currently for sale is managed by a professional tourist rental company. Within the complex, there are also some privately owned units not included in the sale.Complex features:• 41 apartments distributed across two blocks (4 floors each)• Communal areas: garden, pool, solarium• Independent access from two different streetsUNITS FOR SALE:• 18 studios (approx. 38 m² usable area + 9 m² terraces)• 3 one-bedroom apartments (45 m² usable area + terraces from 13 to 50 m²)• 1 two-bedroom apartment (72 m² usable area + 15 m² terrace)• 1 three-bedroom apartment of 135 m²• Bar of 100 m²• Swimming pool of 52 m²• Solarium of 210 m²• Machine room of 40.26 m² (below solarium level)• Reception area of 46 m²• Commercial area / garage of approx. 200 m²Monthly maintenance costs (including staff): approx. €8,350Annual IBI and waste tax: approx. €10,000This apartment block represents an excellent opportunity for those seeking a stable return on investment in a well-established and continuously growing tourist area.Ref. Asten Realty 8008
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