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Hotel in Los Gigantes ID 1128

  • €3,500,000
Featured For Sale
Marker
Leaflet © OpenStreetMap contributors

Description

The hotel is located in the western part of Tenerife in the center of the popular tourist area of ​​Los Gigantes. The aparthotel is located in a lively place close to the entire tourist infrastructure: shops, bars, restaurants, entertainment venues, 5 minutes. walking distance to a picturesque beach with black volcanic sand and a marina. The complex consists of 42 apartments, of which 19 are privately owned and 23 are owned by the owner and consist of: 9 studios, 13 1 bedroom apartments and 1 double apartment. Most of the private apartments are also transferred to the management of the hotel and are used for tourism purposes. There is a possibility of buying out apartments from private owners. On the territory of the hotel there is a reception desk, children’s and adult pools, a pool bar, a games area, 24-hour security and green spaces. The hotel has long-term contracts with tour operators from Europe, which guarantees constant occupancy throughout the year. The complex was built in 1985, in 2005 it was overhauled. The hotel’s profitability is 8-10%.

Address

  • City Los Gigantes
  • State/county Canary Islands, Tenerife
  • Country Spain

Details

Updated on March 24, 2021 at 2:30 pm
  • Property ID: 1128
  • Price: €3,500,000
  • Bedrooms: 23
  • Bathrooms: 23
  • Property Type: Holel
  • Property Status: For Sale
  • Availability of furniture: Fully equipped
  • Apartment condition: Good
  • Pool presence: Communal pool
  • Parking: Outdoor parking in front of the complex
  • View from the terrace: Garden view
  • Type of cuisine: American

Overview

Property ID: 1128
  • Holel
  • Property Type
  • 23
  • Bedrooms
  • 23
  • Bathrooms

Mortgage Calculator

€11,254,830.75
Monthly
  • Down Payment €525,000.00
  • Loan Amount €2,975,000.00
  • Monthly Mortgage Payment €25,330.75
  • Property Tax €8,750,000.00
  • Home Insurance €83.33
  • PMI €2,479,166.67
  • Monthly HOA Fees €250.00
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Contact Information

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Marat Khasanov

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