11 Townhouses in El Medano 1379
- β¬1,600,000
- β¬1,600,000
11 Townhouses in El Medano 1379
Description
The investment project involves the construction of 11 townhouses in the picturesque area of El Medano in the south of Tenerifeπ΄. This promising and profitable project aims to create a residential complexπ’ in a highly popular location that attracts around 6 million visitors annually.
Tenerife is an island with the highest growth rates in property prices among the Canary IslandsβοΈ, making it attractive for real estate investments. The target markets for these townhouses include the United Kingdom, Germany, Spain, France, and Scandinavian countries, providing a wide potential for sales and rentalsπ .
ποΈThe plot of land on which the complex will be built has a total area of 1490.1 square meters and is located near Tenerife-South AirportβοΈ. El Medano is renowned for its vast sandy beachesποΈ and strong winds, which attract windsurfers and water sports enthusiasts.
The architectural project includes 11 two-story townhousesποΈ with an average area of 72.3 square meters eachπ§±. Each house is equipped with parking, a garden, a balcony, and a rooftop terraceπΏ. They are designed in a modern minimalist style that highlights the status of future owners.
π₯The project ensures highly efficient land utilization and offers all the advantages at an affordable price. The residential complex will have a communal swimming poolπ¦, and each townhouse will feature a balcony, a private gardenπΊ ranging from 33 to 92 square meters, and a rooftop terrace with a jacuzzi and stunning views.
The transaction and registrationπ of licenses for this project may take approximately 2 weeks. The estimated construction period is 12 monthsπ , and pre-sale preparations can commence parallel to the construction, allowing for an overall project duration of about 6 months.
Details
Address
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City: El Medano
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State/county: Tenerife
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Country: Spain
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