Apartment-Club Tenerife

This Apartment-Club is a well maintained apartment residence with an excellent restaurant, swimming pool, wellness area and other leisure facilities in the south of Tenerife, with beautiful view to the beaches of Playa de Las Americas just in a short distance. This Property is a romantic hideaway for the individual traveller in the green part of the wonderful island of Tenerife. Each villa has 193 m² living area and 393 m² terraces and garden.

6 large villas with own private pool which belong to the property that we offer for sale on behalf of the owner.

The owner offers refurbishment of the purchased villas with very good conditions. It would be possible to buy one or more villas. The business plan on purchase of six villas offers a very good return of investment:

Exploitation of each villa/ in total:

Average gross income per week: 1.500,00/ 9.000,00

Per month: 6.000,00/ 36.000,00

Per year (48 weeks): 72.000,00/ 432.000,00

Yearly expenses:

Local rates (IBI): 1.200,00/ 7.200,00

Insurance: 1.000,00/ 6.000,00

Security: 500,00/ 3.000,00

Community fees: 1.800,00/ 10.800,00

Maintenance (Estimation): 1.800,00/ 10.800,00

Electricity and Water: 1.800,00/ 10.800,00

Agent rental fees (15 %): 10.800,00/ 64.800;00

Total yearly expenses: 18.900,00/ 113.400,00

Profit before taxes per year: 53.100,00/ 318.600,00

Profit before taxes per month: 4.425,00/ 26.500,00

Transaction: Share Deal

KTC TOURISMUS CONSULTING CAN HELP WITH FINANCING.

Buyer can sign a rental and service contract with the rental department of the Apartment-Club.

The property can be visited any time. Please arrange an appointment with Heinz-Günther Milz mobile phone +49 1722487087 or info@ktc-tourismus.de

All Information is based on the information of the owner. Jurisdiction and place of fullfilment from this contract is Neuss/Germany. The offer is free and without warranty of a specific building development. All information including legal and tax advises will be provided after signing an NDA.