building for sale Las Casitas, Tuineje

About this property

FLEXIBILITY IN PURCHASE TERMS!

Fuerteventura, Kanarische Inseln UNIQUE OPPORTUNITY FOR INVESTORS, DEVELOPERS OR BUILDERS with possible PROFITABILITY of an IRR: 43.85% and ROI of 27.58% in the 3rd year - IN PARADISE, WITH MANY POSSIBILITIES.

Living in the Canary Islands where many personalities have found their place of relaxation.

Located in a picturesque, idyll and strategic enclave. The area has a rustic atmosphere where recreational activities can be carried out in country settings. It is centralized in the heart of the island with access from the airport or the port of El Rosario. It is also close to the beaches of La Lajita, Tarajalejo, Gran Tarajal, Playa Esmeralda and many others, both with black volcanic sand and white sand. There are many sports activities in the area, including: scuba diving, snorkeling, kitesurfing, windsurfing, surfing, paddle surfing, hiking, jet skiing, sailing, kayaking, jet skiing, cycling, etc.

The property is a group of houses with all the documentation in order and currently rented on a long-term basis, generating demonstrable income with contracts that could be terminated. The residential/holiday complex is located on a corner with 2 neighbors with an area of over 5,000 m2. The building group has a typical Canarian rustic design with its landscaped surroundings where terraces, fountains, waterfalls and gardens can be incorporated for meditation, reading and recreation. You can also incorporate "Glamping" areas, sports courts, swimming pool, ecological and educational cultivation area... among many other activities.

The residential/vacation complex has 2 vehicle entrances, the entrance from the FV-618 could be the main one and the other one secondary to the general parking lot.

The group of buildings currently represents 7 completed and inhabited homes. It also contains 4 structures in different construction levels. And it also has another 4 clearly defined areas where you can carry out recreational, playful or leisure activities. It has ample parking space.

The only house that is pictographically presented is "House 2" which has 2 double bedrooms, 1 bedroom and 1 small utility room with their respective spacious closets, inside with spacious tiled floors and controlled lighting. There is also a large kitchen, spacious lounge and separate dining room. The bathroom is huge spa-like. In addition, it has storage and recreational areas with large terraces and private patios.

The furniture inside "Home 2" is not included in the sale price, but part of the furniture can be negotiated, except for personal belongings and objects with sentimental value. All the houses are on 1 floor.

Also, in the complex there is a "mini-guachinche" of approximately 420 m2 with its independent cellar where it includes two kitchens, a bathroom and two barbecues - oven and grill. (Being able to operate as a restaurant or tender to another company.) Not to mention its tiny fruit trees loaded with papayas, guavas, mangoes, figs, bananas, peppers and a garden of aromatic herbs and species in many other areas. In zone III, there is a small independent children's area of 250 m2. Lights, fountains or waterfalls could be incorporated into any of these areas that could be used as irrigation water, all powered by clean energy and domotized.

HERE IT IS WHERE IT GETS INTERESTING…

2-bedroom homes in the area sell for more than €350,000, here are 7 homes (5 registered) for less than double - each 2 to 4-bedroom home would cost an average of €98,571! Would you like to see the ROI and IRR? Also ask about the flexibility of sale conditions.

(*Data merely informative, without contractual value for most borrowers. Tax, notary and registration expenses are not included in the sale price.)