The investment project involves the construction of 11 townhouses in the picturesque area of El Medano in the south of Tenerife🌴. This promising and profitable project aims to create a residential complex🏢 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 Islands☀️, 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 rentals🏠.
🏝️The 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 Airport✈️. El Medano is renowned for its vast sandy beaches🏖️ and strong winds, which attract windsurfers and water sports enthusiasts.
The architectural project includes 11 two-story townhouses🏘️ with an average area of 72.3 square meters each🧱. Each house is equipped with parking, a garden, a balcony, and a rooftop terrace🌿. They are designed in a modern minimalist style that highlights the status of future owners.
💥The project ensures highly efficient land utilization and offers all the advantages at an affordable price. The residential complex will have a communal swimming pool💦, and each townhouse will feature a balcony, a private garden🌺 ranging from 33 to 92 square meters, and a rooftop terrace with a jacuzzi and stunning views.
The transaction and registration📝 of licenses for this project may take approximately 2 weeks. The estimated construction period is 12 months📅, and pre-sale preparations can commence parallel to the construction, allowing for an overall project duration of about 6 months.
