Search for Tenerife Properties - Palm Mar Properties

BANK REPOSSESSION - €50k KNOCKED OFF FINAL REDUCTION TO SELl If you´re looking for a property investment or somewhere to live then this should be at the top of your list. The price per sq metre is only 999 euro!!! - REQUIRES FURTHER 60-75k to realise its true penitential so ideal project for investor or builder. PUT IN AN OFFER YOU NEVER KNOW...Originally intended as 2 separate 2 bedroom apartments, both worth in excess of 200,000 euro each and the owner has started to make one very large living space, internally the layout is best described as a labyrinth of rooms and space. As they are on the lower floor they benefit from having gardens and plenty of outdoor space. The owner had grand designs on making this a very high-end luxury property but he started the refurbishment ran into financial difficulty. This is now probably the best priced property in this part of Los Gigantes and anyone buying in the Los Gigantes area should really take a look at this before making any decisions. This would make an excellent project for a property developer or investor, capital to complete and realise its true potential value would be in the region of 60-75k. The sea views are fantastic, along with having plenty of space to install your own private pool, as the apartment benefits from an elevated position overlooking the town.

• 272 sq.m Living Area

• 310 sq.m Plot Size

• Sold Unfurnished

• Walking Distance To Beach

• Sea Views