3 Apartment House in Adeje, Tenerife

€ 140,000

Adeje, Spain
  • Discount: 55%
  • Purchase Price: € 140,000
  • Market Value: € 300,000
  • Area: 144 m²
  • Bedrooms: 3
  • Bathrooms: 3
  • Year built: 1998
  • Usufruct Period: For life
  • ID: JJC0088

Description

Fantastic investment! Discount of approximately 55%.

For sale is the BARE OWNERSHIP of this fantastic house divided into 3 independent flats in Adeje, Tenerife. The current owner, a 77 year old gentleman, reserves the right to use and enjoy the property for the rest of his life. The property has a market value of 300.000€.

Formalisation costs: The expenses generated in the sale and purchase (Transfer Tax, notary and registry) will be paid in full by the buyer, with the exception of the Municipal Capital Gains Tax, which will be paid by the seller.

Maintenance costs: Once the transaction has been formalised before the notary, the costs of the property will be distributed as follows:

  1. The Real Estate Tax (IBI), the extraordinary payments and the building insurance will be assumed by the buyer.
  2. The ordinary community fees, the contents insurance, the urban waste tax and the utilities (electricity, water, etc.), whether individualised or not, will be paid by the seller.

 

Description of the property

This stupendous house is currently divided into 3 independent flats of 48 m2 each, which are distributed in the same way:

A bright living-dining room, with fully equipped kitchen and with access to a large terrace, with table and chairs and barbecue area to enjoy the good weather of the area.

A bedroom with a large bed

A complete bathroom.

Therefore, the total sum of the property would be 3 bedrooms and 3 bathrooms distributed in 144 m2.

The situation of the property is unbeatable, located in the heart of Adeje a few minutes from Barranco del Infierno, in its surroundings we find the school IES EL GALEÓN, supermarkets, banks, libraries, pharmacies, post offices, sports centres and bus stops. With easy access to Autopista del Sur. A few minutes from the beach in a quiet area, best to visit!

 

NOTE: 2 of the 3 apartments are currently rented, while the owner lives in the third one.

View on map / Neighborhood

Features

Features:
  • BBQ
  • Terrace

This property is located in Adeje is a operation and has been listed on JJC Capital Partners. It is currently listed at € 140,000. It has 3 beds, 3 baths, and is 144 m². The property was built in the year 1998.