Santiago del Teide (Tenerife)

Green-Acres Property Listing - Spain

Property Details: Rooms: 0 Bedrooms: 3 Price: 2,807,538 EUR

Agency: Engel & Völkers Costa Adeje

Description: This stylish three-bedroom corner penthouse is located in the recently completed "Crystal" complex in Los Gigantes, one of the largest holiday resorts on the southwest coast of Tenerife, and is definitely the best apartment in the entire complex due to its position. You enter the apartment directly via the elevator. The modern apartment offers a generous built-up area of 370 m² and a living area of 185 m², featuring an open-plan living area with an elegant fitted kitchen with a central cooking island, a utility room, and a spacious living and dining area with floor-to-ceiling glazing that floods the entire apartment with natural light and offers unobstructed sea views from every room. The master bedroom has a dressing area with built-in wardrobes, a shower room, and direct access to the terrace. The second bedroom has built-in wardrobes, its own shower room, and also access to the terrace. In total, there are three bedrooms, each with a bathroom. The highlight of the apartment is the fabulous terrace with a private heated pool, an outdoor shower, seating areas, and a breathtaking panoramic view of the sea, the neighboring island of La Gomera, and the imposing cliffs of Los Gigantes. An extra feature of this apartment is a private garden with olive trees and passion fruit. The complex was only completed in 2022 and consists of two modern blocks with a total of only 19 luxury apartments and offers a large communal pool with beautiful sunbathing areas. Ideal for investors: The complex holds a tourist rental license, meaning that the apartment can be used for tourist rentals. Since its launch in 2023, the rental has been extremely successful, achieving an average gross return of 6-9%. This makes the apartment an extremely attractive and value-retaining investment. In addition to this dream property, the stylish, minimalist furnishings, a central air conditioning system, and electric blinds are also sold. Furthermore, the apartment offers a parking space in the communal garage as well as a practical storage room. Los Gigantes is a district of the municipality of Santiago del Teide, located in the west of Tenerife. The tourist-oriented place is known for its steep coast, which offers visitors a spectacular view from both land and sea and is called Acantilado de los Gigantes, meaning Cliff of the Giants in English. The cliffs drop vertically into the sea up to 450 meters at this point. Los Gigantes is easily accessible via the road from Adeje. The town itself has all shopping facilities. It is about 35 minutes to Tenerife South Airport and about 20 minutes by car to Playa de las Américas. The nearby golf courses are also reachable in 20 - 30 minutes. Los Gigantes enjoys more than three hundred sunny days a year and has become a popular holiday destination in the west of Tenerife.