Rare Investment Opportunity: 10 Beachfront Flats in San Agustin for Sale

  • €1,575,000
C. los Dragos, 3, 35100 Maspalomas, Las Palmas, Spanien
  • Bungalow, Multi Family Home, Single Family Home, Residential
  • Property Type
  • 20
  • Bedrooms
  • 10
  • Bathrooms
  • 490 sqm
  • 1973
  • Year Built
Featured For Sale Holiday rental New Listing Open House Resale Interesting Investors Vacation rental

Rare Investment Opportunity: 10 Beachfront Flats in San Agustin for Sale

C. los Dragos, 3, 35100 Maspalomas, Las Palmas, Spanien
  • €1,575,000

Description

Hey there, if you’re an investor looking for an amazing opportunity, then you won’t want to miss out on this! A lot of 10 flats in the coveted San Agustin neighborhood is up for sale, located on the front line of the beach. These flats are currently being rented out as holiday rentals, which means they provide a high level of profitability for the buyer.

The location of these flats is simply incredible. They are situated just 100 meters from the beach Playa de la Pirata and are in close proximity to the popular San Agustin avenue, which provides easy access to shops, restaurants, and other amenities. Moreover, most of the flats in the lot have direct or lateral sea views, which adds to their overall appeal.

The flats are spread out over four floors with no elevator in a building that contains a total of 19 flats, with 10 available for sale. Each flat boasts a spacious 49 square metres, providing ample space for comfortable living. Inside, you’ll find fitted kitchens, two bedrooms, a living room, and a bathroom, along with cable TV and WiFi in all apartments. Two of the flats are located on the ground floor, giving you easy access to the communal swimming pool.

The community fees for these flats are only €80 per month, which excludes water and electricity, and the counters have been individualized. This means that each tenant only pays for the energy they consume during their stay, making it very attractive for the holiday rental market. On top of that, the buyer will benefit from user rights of the reception, a technician room, laundry room, and a small office, making managing the complex very easy and comfortable. The complex is rented out on booking.com, and has an impressive occupancy rate of 85%!

The location of these flats is one of their most attractive features. Being situated on the front line of the beach, tenants can easily access the beach and the San Agustin avenue on foot, providing a convenient and relaxing holiday experience.

Lastly, the price of this lot of 10 flats is unique, given their location on the seafront. This makes it an excellent opportunity for investors looking to expand their real estate portfolio. Don’t let this opportunity pass you by!

  • Address Calle Los Dragos 3
  • City San Agustin
  • State/county Gran Canaria
  • Zip/Postal Code 35100
  • Area Playa del Ingles
  • Country Spain

Details

Updated on februar 26, 2023 at 9:02 pm
  • Price: €1,575,000
  • Property Size: 490 sqm m²
  • Land Area: 800 sqm m²
  • Bedrooms: 20
  • Rooms: 30
  • Bathrooms: 10
  • Year Built: 1973
  • Property Type: Bungalow, Multi Family Home, Single Family Home, Residential
  • Property Status: For Sale, Holiday rental, New Listing, Open House, Resale

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