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Property description
Unique Investment Opportunity! Block of 3 Apartments in the Heart of AdejeIMPORTANT: The complete set of 3 apartments is sold together. Individual units are not sold separately.
For sale: a set of 3 one-bedroom apartments located within the same residential building in the centre of Adeje. An exclusive option for investors seeking immediate returns and strong long-term growth potential.
Originally a single property, it has been intelligently divided into 3 independent units, each with its own private entrance, allowing for flexible and efficient management.
Main features:
Each apartment has an approximate surface area of 40 sqm and includes 1 bedroom, a full bathroom, and an open-plan living-dining area with kitchen.
Apartments No. 1 and 2 feature a terrace with views, while apartment No. 3 has an independent street-level entrance.
Good natural light in all units (see floor plan image).
Apartments No. 1 and 3 require renovation.
Strategic location: close to supermarkets, public transport, schools, and leisure areas.
Key information for investors:
- Apartments No. 2 and 3 are currently rented, generating a monthly income of €1,610.
- Immediate profitability with growth potential.
- Each unit has its own Nota Simple.
- Single cadastral reference and shared water/electricity meters to optimize costs.
- Possibility of long-term rental or tourist accommodation (subject to regulation).
Legal status and development potential:
The property currently has a single cadastral reference, although the three apartments are independently registered in the Land Registry and each has its own Nota Simple.
Ideal for:
Investors seeking returns from day one, or families wishing to live in one unit and rent out the others.
Red Panda Properties