Building with great residential and investment potential in El Fraile, Arona, with views of Teide

€450,000

El Fraile, Arona, SANTA CRUZ DE TENERIFE, Arona, SANTA CRUZ DE TENERIFE

Building for sale in Arona, El Fraile, Arona, SANTA CRUZ DE TENERIFE, 425 m²

El Fraile, Arona, SANTA CRUZ DE TENERIFE, Arona, SANTA CRUZ DE TENERIFE

€450,000

4Bed
2Bath
425
Type: Building

Description

Building with great residential and investment potential in El Fraile, Arona, with views of Teide Unique opportunity in El Fraile, Arona: complete urban building without horizontal division, located on Santa Cruz de La Palma street, in a consolidated area with high residential demand and excellent connections to the rest of the municipality and southern Tenerife. The property has an approximate total built area of 425 m², distributed over two floors plus a roof terrace, making it a particularly attractive property for both residential use and real estate development. On the ground floor there is a spacious open-plan commercial space of approximately 200 m², currently used for commercial purposes, which has two bathrooms. Its open configuration and surface area offer multiple redistribution possibilities, being especially interesting for investors seeking to transform the space into several homes, subject to compliance with current urban planning regulations, or combine residential and professional use. The first floor houses a home of approximately 200 m², with generous dimensions and functional layout. It features five spacious bedrooms, a large dining room, a spacious living room, two balconies and two internal patios, which guarantee brightness, cross ventilation and a high level of comfort. From the property you can enjoy views of Teide, an added value that increases its residential appeal. The roof terrace is accessible and offers the possibility of building an additional floor, which opens the door to expanding the existing buildable area and maximizing the building's yield, whether through new homes, residential expansion or an integrated development project. Located in an urban environment with services, shops and nearby transport, and just minutes from strategic areas in the south of the island, this building represents an excellent opportunity for large families as well as developers and investors seeking a versatile asset, with volume, location and notable appreciation potential. *The stated price does not include expenses derived from the purchase and sale nor taxes, which will be determined in accordance with current regulations and/or agreement between the parties. The calculation basis for such expenses and taxes will be the final purchase price. Real estate intermediation fees, if applicable, will be clearly and transparently reported to the client. The information contained in this advertisement is purely informative and non-contractual in nature, and may be subject to errors, changes or omission without prior notice.

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