Exclusive Building in La Camelia 1373

  • €680,000
La Palmera Real, Calle Camelia, El Durazno, Puerto de la Cruz, Santa Cruz de Tenerife, Canary Islands, 38400, Spain
  • Business for sale in Tenerife, Investment and Development project in Tenerife
  • Property type
  • 504
  • 168
  • Lot
For Sale

Exclusive Building in La Camelia 1373

La Palmera Real, Calle Camelia, El Durazno, Puerto de la Cruz, Santa Cruz de Tenerife, Canary Islands, 38400, Spain
  • €680,000

Overview

Property ID: HZ1373
  • Business for sale in Tenerife, Investment and Development project in Tenerife
  • Property type
  • 504
  • 168
  • Lot

Description

Located in the picturesque town of La Camelia🌴, on the beautiful island of Tenerife, this captivating building represents a unique investment opportunity. It majestically stands on three floors🪜, surrounded by a beautiful plot of land measuring 168 square meters. The total built area reaches 504 square meters🧱, providing ample space for various activities.

This incredible building comprises five spacious apartments🚪 that will serve as cozy homes for their residents. The range of residential units includes two-bedroom apartments🏘️ ranging from 74 to 89 square meters, where every detail is carefully thought out and created to ensure comfort and luxury. ☝️Additionally, there is a commercial space measuring 54 square meters, offering opportunities for business development.

This unique building is available at a price of 680,000 euros💶, making it an investment proposition of incredible value. With such a compelling price offer, an expected sales revenue of 1,030,000 euros is anticipated, representing an impressive return on investment.💰 The cost of housing is approximately 1,350 euros per square meter, reflecting the exceptional price-to-quality ratio of this project.

⭐The inspiring possibilities for additional income make this building even more attractive. Its structural feature allows for the addition of an extra floor using a lightweight framework, increasing the total area by 168 square meters🧱, which constitutes 33% of the initial area. This feature paves the way for the creation of a boutique hotel, where the elegant apartments can easily be transformed into 16 spacious double guest rooms. Such a cozy hotel promises an impressive annual income of 180,000 euros.💶

This building in La Camelia on the island of Tenerife🌴 is not just a financial opportunity; it is a magical place where the beauty of nature and exclusive amenities blend with business and the opportunity to create a cozy and comfortable living space. This exquisite building offers not only the benefits of financial investment but also joy, inspiration, and the chance to create your own paradise on Earth.✨

Details

Property ID
HZ1373
Property Size
504
Land Area
168

Address

  • City La Camelia
  • State/county Tenerife
  • Country Spain

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
%

Contact Information

Mr. Maxim Kull
  • Mr. Maxim Kull
View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Mr. Maxim Kull
  • Mr. Maxim Kull
Need help? Contact us