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Arona
This property is situated in the highly desirable area of Arona in the south of the island, known for its thriving tourism industry and bustling commercial activity. Its prime location near the beach and surrounded by essential amenities ensures consistent long-term profitability and a delightful atmosphere. Constructed in 2022, the building features a functional commercial unit on the ground floor, currently leased until February 2025 with the tenant expressing interest in extending for another 3 to 5 years (monthly rent of €1,230 gross incl. Igic). There is an additional room on the ground floor as well. The first floor includes a laundry room and a furnished restroom, while the two upper floors boast a total of four bedrooms (two on each level). Each floor offers approximately 70 m² of living space, along with 10-12 m² of balcony space. Residents can enjoy the convenience of a lift within the building. The communal roof terrace provides a magnificent setting for taking in panoramic ocean views, basking in the sunshine, and marveling at beautiful sunsets. This property presents a unique opportunity for immediate rental income paired with substantial capital growth potential, making it an attractive and versatile investment option. The area is experiencing a growing demand from tourists and businesses, ensuring a steady flow of clientele and residents. The combination of a thriving rental business and comfortable living quarters offers a myriad of possibilities for generating income and accommodating various needs, whether maintaining the existing structure or embarking on future enhancements. Take advantage of this exceptional opportunity and contact us for further details. Don't miss out on this outstanding property.
Arona