Apartment - Costa del Silencio-Las Galletas, Santa Cruz de Tenerife, for sale

Building in Las Galletas – Investment Opportunity in the South of Tenerife

We present this building in Las Galletas, an excellent opportunity for investors interested in developing a tourist housing (VV) or long-term rental project in the south of Tenerife. The property is located a few minutes from the beach and all the necessary services, in an area in constant growth and with high demand for both holiday and residential rentals.

Property features:
• Price: 950.000 €
• Condition: The building is to be completely renovated. It currently has structural reinforcements that ensure its stability, but it requires a comprehensive reform.
• Surface area: Three floors available for refurbishment and adaptation.
• Project: Includes a pre-project for the construction of eleven studios, which maximizes the use of space and the economic performance of the property.

Possibility of use as a Holiday Home (VV) or Long Term Rental:

With the strategic location in Las Galletas and the studio project, this building is ideal to transform into a holiday rental complex (VV) or for long-term rentals, adapting to the needs of the market.

An excellent opportunity for those looking for a project with great profitability potential in one of the most sought-after areas in the south of Tenerife.

For more information or to arrange a visit, please do not hesitate to get in touch.