Stunning Residential Investment Property

  • €850,000
  • P.O.A / per month
  • Approx. £751,145
  • Moneycorp Logo

Description

This is a stunning 4 bedroom detached villa with private heated pool and landscaped gardens set in 1000m2 plot in the south Tenerife. This property is immaculate and the owners have furnished it elegantly and they make sure that everything is perfect for the new holiday makers on arrival.

The property was completed in 2006 and the pool installed in 2008 and since then the villa has been very much in demand to rent out for the perfect holiday. Included in the sale is the website, client database for repeat business and all fixtures, furnishings and fittings in the property The villa is set over 3 levels with the option to convert the bottom level to a fifth bedroom and bathroom. The property is rented out for 30 weeks of the year and generates a return of 5% per annum. There is scope to increase holiday bookings to 40 weeks of the year which could generate a 6% return. With the extra bedroom in place this could rise to 7% per annum. Where can you get a 7% return on your capital with no risks attached?

Property Features

EPC Rating: Pending

Contact Business Finder Tenerife