6 Apartments – Building – El Fraile

An excellent opportunity for investors seeking a secure property with guaranteed income in the south of Tenerife. This full building is located in the heart of El Fraile, a popular residential area known for its proximity to the coast, its local atmosphere and the continuous demand for long-term housing from families and professionals. Set on a quiet, well-connected street, within walking distance to supermarkets, schools, restaurants, public transport and all essential services. Only 10 minutes’ walk to the fishing village of Las Galletas and 10 minutes by car to the TF-1 motorway, making it ideal for residents and investors looking for stability and return. Built in 1998, the property consists of three floors with six independent apartments, all currently occupied and well maintained. Ground floor: two one-bedroom apartments with separate kitchen, living room, full bathroom and inner patio First and second floors: four two-bedroom apartments with separate kitchens, bright living rooms and balconies All units are rented on long-term five-year contracts to reliable tenants with no payment defaults, ensuring a net return above 7 % per year from day one. Annual IBI: €720 Year built: 1998 A solid, long-term investment with immediate cash flow and strong appreciation potential in one of Tenerife South’s most active rental areas.[IW]