2 Bedroom Apartment – El Fraile

This simple yet functional apartment is located on the first floor of a residential building in El Fraile, in the south of Tenerife, a dynamic and well-connected area where all essential services are within walking distance. The location allows for comfortable everyday living, with supermarkets, schools, restaurants, pharmacies and public transport nearby, as well as quick access to the TF-1 motorway that connects easily with the rest of the island. The property has an approximate surface of 48 m² and is distributed into two bedrooms, one larger main bedroom and a second smaller bedroom, a separate kitchen, a spacious living room and a terrace facing the street which provides natural light and ventilation to the apartment. It is a practical and functional home, ideal for those looking for an affordable property in the south of Tenerife. The apartment is also located only 500 meters from the coast and the nearby fishing village of Las Galletas, an area appreciated for its harbour, local atmosphere, seafood restaurants and seaside promenade. The property is currently rented long-term under a valid five-year rental contract, providing stability and an approximate annual return of 5% from the moment of purchase. This makes it particularly attractive for investors seeking a property with recurring income and easy management. Thanks to its strategic location, practical layout and current profitability, this property represents an excellent opportunity both for investors and for buyers looking to acquire an affordable home in the south of Tenerife with long-term value potential.[IW]