El Madronal, 3 Bed Townhouses, 118,000 euros

Property Details

Property Photos

Great opportunity to purchase a real knock down bargain property in El Madronal  3 bedroom 2 bathroom town house.

We have just taken these properties on our books and we had 7 for sale and now only 5 left (2 sold in 2 days) so it’s a case of being very quick as they won’t be herefor long,  not at the give away price of €118,000 which works out in pounds at today’s rate only (£93,000 ).

There are some good properties around at the moment at great prices but this takes a lot of beating.

The total size both inside and out is 180ms that’s inside 135m2 and outside 45m2 .

These properties are only 6 years old and have never been moved into prices before were around the €260,000 and due to the crisis these have really come down in price.

You will see from the photos that it will need some tidying up a lick of paint here and there and light fittings and a kitchen. But after having one of our local builders take a look they think these minor problems can be sorted out for around €4,000 to €5,000 which would include a nice kitchen.

Inside the property

The master bedroom is on the lower floor and has a walk in wardrobe and an en suite bathroom. Doors lead out of the master bedroom onto the terrace area.

There is a second bedroom next to the master bedroom which is not the biggest but big enough for a children’s room or an office.

You will find upstairs the 3rd bedroom again not big but ideal as a guest bedroom or childrens room. On the top floor you will also find another bathroom.

This property has a quirky layout with the kitchen also being upstairs in the property along with the lounge. On this floor there is a door that leads out to the back of the property were you will find the outside garden as in the photos it needs a little TLC but this would not take a lot to sort out. The size of this garden is 28m2, a good size. Very private with no one overlooking you, you can chill out and take in the day time sun or night-time cool breeze.

The community fees are very well priced only €50 a month. The reason being there is no swimming pool to maintain. There is only one lift which takes you from the garage up to the top floor. Included in the price is your very own private garage space which would normally cost you around €12,000 for this alone.

The complex is at the very end of a cul-de-sac which means it’s a very quite area with no through traffic, another bonus if you want to be a little out the way and enjoy a little peace and quiet.

There are some very nice views with this property looking up at the areas of Roque del Conde and San Eugenio and you can see down the coastline to the sea. There are also some very good mountain views.

All in all a great chance for anyone out there wanting to snap up a real bargain at this moment in time. Tenerife like everywhere else seems to be going through some tough times but for any client wanting or waiting for the right property then this could be it.

But be quick – not many left.

Please drop us an email or give us a call on 00 34 922 71 99 02 we look forward to hearing from you.

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