Tenerife Property Newsletter

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Freehold

Private Property for Sale:

1 - bed Apartments

Laguna Park

FAÑABE - South Tenerife

Southern Tenerife

Laguna Park is situated below the highway close to the San Eugenió Shopping Centre and is around a 10 minute walk from the Puerto Colon Yacht Harbour and beach.

The complex is beautifully maintained and these 1-bed apartments are well decorated and furnished.

Until now these apartments have been rented out on contract through large holiday companies. More and more holidaymakers are now booking privately owned accommodation rather than booking package holidays and as a result these contracted apartments are now being sold off throughout the South of Tenerife. When a block of apartments becomes available they are great value and are bought up quickly. Already a number of these apartments have been sold.

The community fee payable on each apartment is 143 Euros per month and includes water and electricity

The price per 1 bed apartment is only

119,700 Euro

The income from letting each of these properties short term could be approx £200 per week (Net of cleaning costs)

All Year Round Sunshine means All Year Round Rent in Southern Tenerife

Nothing compares with the Canary Islands for holiday rental income and Southern Tenerife is the most consistent weather of all within the EU.

(Tenerife, as a Spanish Island, enjoys special status and protection within the EU)

To earn the same amount of rental income elsewhere you would need to buy at least 2 apartments in Spain, Turkey or Bulgaria due to the much shorter holiday seasons.

To our knowledge, property prices have never fallen in Southern Tenerife.

We believe that Tenerife is a truly great investment ... that's why we ourselves invest here

Facilities at Laguna Park include ..........

A beautiful Pool Complex and Pool Bar + Poolside Restaurant

A mortgage is available on these properties

For any of our properties, on the payment of a deposit we will handle the complete property transfer through our partners in Tenerife, who can also arrange local mortgages ... Please be aware that the costs of buying are approximately 10% over the buying price... That includes all costs, legal fees and taxes. (Mortgage fees are 2% extra)

***Whilst we make every effort to ensure the accuracy of our adverts we cannot accept responsibility for any errors***

***The property shown is an example, however the apartments available do vary***

	We have recently been offered a number of 1-bedroomed apartments to sell into private ownership on the very popular Laguna Park complex. The prices are a bargain 119,700 Euro and will sell very quickly so please let us know right away if you are interested.	STUDIOS 1 BEDS 2 BEDS 3 & 4 BEDS
You can contact me by email on sharon@wadyproperties.co.uk