Building with 18 apartments for Sale In Los Gigantes

  • €1,800,000
  • Property type
  • Investment and Development
  • 18
  • Rooms
  • €1,800,000

Building with 18 apartments for Sale In Los Gigantes

Description

Great commercial opportunity in Los Gigantes is on sale!
The building is 70% finished and consist 18 apartments of 2 bedrooms.
The license to build is added.
The distance from ocean is only 300 meters!
Price is very reasonable – 1.8 million euros.

300meters from ocean.

Prices on avarage for 2 bed luxury apartment is 250.000 euros. Penthouse is 350.000+

5 apartments is between 90 and 120 m2 can be sold for more

To finish project is 1.2 mil approximately

Total investment is 3 mil +-
Earnings 2 mil + minimum.

Details

Property ID HZ1209
18 Rooms

Address

  • City: Los Gigantes
  • State/county: Tenerife
  • Country: Spain

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