331m² building for sale in Santa Cruz de Tenerife, in the area of Lord's Cross, Calle Simón Bolívar
Calle Simón Bolívar, El Cabo, Lord's Cross, Santa Cruz de Tenerife View on the map
Sale
Offer Type
Building
Premise Type
331 m²
Constructed Area
Description
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We present an exclusive opportunity to acquire a FULL 4-story BUILDING, partially renovated in 2018, located in the established residential area of La Cruz del Señor.The building consists of:-3 independent apartments, one per floor (70 m² each) with 2 bedrooms, currently rented to reliable and solvent tenants.-75 m² commercial unit on the ground floor, currently available with the option to convert it into residential use.-Storage rooms on the top floor.Acquiring this property with active rentals ensures immediate income, with an estimated annual yield ranging from 4% (current state with 3 tenants) to 5% (potential with 4 tenants). As the new owner, you will take over the existing conditions of the three active lease agreements, guaranteeing stability and security for your investment.Located in a strategic and quiet residential setting with easy access to services and excellent connections to the rest of the city, this property is in a high-demand rental area with constant appreciation. It is ideal for investors seeking a solid real estate asset in a dynamic, family-oriented neighborhood perfectly integrated into the heart of Santa Cruz de Tenerife.Don\'t miss the chance to discover the full potential of this excellent property.Contact us for more information or to schedule a viewing.*Data is for informational purposes only and holds no contractual value. Real estate fees are included in the price. Taxes and transmission costs are not included: the buyer is responsible for ITP (approx. 6.5% in the Canary Islands) and formalization costs (appraisal, agency, notary, and registry fees) estimated between 8% and 10% of the purchase price.Real Estate agency located in Santa Cruz de Tenerife (corner of Ramón y Cajal and Ramblas) dedicated to the sale and rental of homes, land, industrial warehouses, and commercial units.Do you want to sell / buy / rent your property? Let\'s make it a success!
Show more About the property
Offer Type
Sale
Premise Type
Building
Built Area
331 m²
Land Area
81 m²
Layout
Corner
Additionally
-
Storage
Building Information
Building type
Edificio
Condition
Renovated
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Address
Calle Simón Bolívar, El Cabo, Lord's Cross, Santa Cruz de Tenerife