Apartment Golf del Sur, Tenerife, Spain
€5,960/Stake
RENT & STAY Est. Yield + Appreciation: 17.19%
Apartment 31BF Golf del Sur, Santa Cruz de Tenerife, Spain
38639 Golf del Sur, Santa Cruz de Tenerife, Spania
Property Type
- 2
- 1
- 41 mp2
- 15 mp2
Listing estimates
- 298,035 €
- 50 tokens
- 8.57% / year - estimated rent income
- 15.67% / year - value appreciation
Investment Opportunity: Luxurious Renovated Apartment in the Prestigious Wyndham Golf Resort, Tenerife
Discover an exceptional investment opportunity with a beautifully renovated property located within the renowned Wyndham Golf Resort on the sun-drenched southern coast of Tenerife. This luxurious apartment offers a living area of 41.65 m², complemented by a spacious 15.11 m² terrace—perfect for enjoying the island’s year-round pleasant climate.
Property Highlights:
- Premium Renovation Standards: The apartment is renovated to Wyndham’s exacting standards after each ownership change, ensuring top-notch quality and comfort. While specific images are not available due to ongoing renovations, sample images reflect the high-quality furnishings and finishes you can expect.
- Guaranteed Income: Enjoy a secure return on your investment with a guaranteed minimum 5% return in the first year, even during renovation periods. From the second year onward, you’ll receive 75% of the rental income, with the remaining 25% allocated to resort management and services, allowing for potential returns that surpass the initial guarantee.
- Low Ongoing Costs: The only regular expenses are annual community taxes and waste disposal fees, estimated to be under €200 annually. This low overhead ensures that your investment remains profitable.
- High Occupancy Rate: With an impressive occupancy rate exceeding 85%, this property promises stable and increasing returns, alongside the potential for property appreciation—making it a sound long-term investment.
Resort Amenities:
- Outstanding Facilities: The family-friendly complex features a palm-lined pool with a bistro and bar, perfect for relaxing days under the sun. For your convenience, “Sam’s Pantry” mini-market offers everything you need for a self-catering experience on your private terrace. Children are well cared for at the supervised Kids Club “Team Marina,” while the 24-hour front desk ensures your needs are met at any time.
- Stress-Free Ownership: As part of the world’s largest hotel chain, Wyndham’s rental and management program provides a completely stress-free ownership experience. You can use your apartment whenever you wish, and the resort will handle rentals during your absence. With over 55 million Wyndham Rewards members worldwide, your property is part of one of the most extensive hotel marketing programs globally.
- Perfect Location: Situated on Tenerife’s sunny southern coast, the resort is just 10 minutes from the airport. A scenic promenade connects Golf del Sur with San Blas, where you can explore excellent local restaurants. Golf enthusiasts will appreciate the proximity to Golf del Sur Golf Club, featuring a unique course set against a volcanic backdrop with black sand bunkers. The lively town of Los Cristianos is only a short drive away.
- Fully Managed: All aspects of ownership, maintenance, and rental are handled by the resort, ensuring you enjoy a hassle-free investment. This includes:
- Rental booking management and marketing
- 24-hour reception services
- Professional cleaning services
- Garden maintenance and security
- Comprehensive property management and maintenance services
- 2
- 2
- 2 Kitchens
- 62 mp2
About Tenerife:
Tenerife, the largest of Spain’s Canary Islands, is renowned for its stunning beaches, dramatic landscapes, and vibrant culture. The island offers a perfect blend of natural beauty and modern amenities, making it a top destination for tourists and investors alike.
- Natural Attractions: Explore the volcanic landscapes of Teide National Park, home to Spain’s highest peak, Mount Teide. Enjoy the island’s numerous beaches, from golden sands to unique black sand beaches formed by volcanic activity.
- Cultural Experiences: Tenerife is rich in cultural experiences, from traditional Canarian architecture in La Laguna (a UNESCO World Heritage site) to vibrant festivals such as the famous Carnival of Santa Cruz.
- Outdoor Activities: The island is a paradise for outdoor enthusiasts, offering everything from hiking and mountain biking to water sports and golfing.
- Year-Round Sunshine: Tenerife boasts a mild climate year-round, making it an ideal destination for both vacationers and those seeking a second home in the sun.
Investing in this apartment is not just about owning a piece of paradise—it’s about securing a profitable and hassle-free investment in one of Europe’s most sought-after locations. Don’t miss the opportunity to be part of this prestigious resort and enjoy the benefits of owning property in Tenerife.
Financials
Investment cost
Property NET price
€ 270,275Renovation Cost
€ 0Furniture, Appliances, RenovationsNetwork Marketing
€ 13,4255% Investor Cash BackTransaction cost
€ 8,965~10% Agent Commission + Legal TaxesNestake Fee
€ 5,3702% CommissionTotal
€ 298,035
€ 5,960 / Stake
RENTAL INCOME ESTIMATES
Monthly Income Estimate
€ 3,240Based on a 70% ocupacy and after paying 20% listing platformService charges
€ -200Utilities & Building FacilitiesMgmt. and maintainance
€ -912(30% commision: Includes: cleaning, management)Monthly net income
€ 2,128
Estimated Rental Income: € 510/ Stake = 8.57% / year
Earnings
Rental Income / Yield
+8,57%Yearly Rental RevenueProperty value annual appreciation
+15,67%IMO Index for Tenerife
Estimated Yield + Appreciation: 24.24% / year
Referral Income
+5% (up to)Check referral program