Property Details

1 bedroom Apartment in Costa Del Silencio for sale - Costa Del Silencio,Arona

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Property ID : 966

For Sale 158,000€ - Apartment
58 m2 1 Bedroom 2 Bathrooms 0 Garage
 
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1 bedroom Apartment in Costa Del Silencio for sale

Costa gel Silencio, Arona, 38630, Tenerife

Look Tenerife Property in conjunction with our collaborating agents offer for sale a selection of renovated one bedroom duplex apartments on the frontline Westhaven Bay Suites in Costa del Silencio. Internally these spacious duplex layout apartments have been completely renovated from top to bottom using quality materials throughout, being sold fully furnished. Typical layout consists of an entrance passage leading thro into a semi open plan kitchen with a small guest toilet off, 2 steps lead down into the spacious lounge dining area from where you have double patio door out onto a generous sized terrace with builtin bar-b-que. Off the entrance hallway the is a ceramic tread staircase leading upto the large master bedroom which has an en-suite bathroom off, through double patio doors you have a second spacious terrace which has depending on the position offers views of the complex or sea. These properties are being sold with either the option of participating within the rental scheme or being purchase for personal use. GOOD INVESTMENT OPPORTUNITY ON A TOURISTIC COMPLEX

CAN THE CUSTOMER USE YOUR OWN APARTMENT AND WHAT HAPPENS IF YOU HAVE TENANTS FOR YOUR APARTMENT?

First, you can decide whether or not you want to leave your apartment in operation at Westhaven Bay. Vacation rental is only possible through the sole operator and in terms of long-term rental, the owner is free of this by making a rental agreement in accordance with applicable law.

Vacation rental is 100% legal!
The owner can use his apartment for as long as he wishes, but for organizational reasons he must notify in advance the dates he wishes to leave it in operation. If the owner decides to come with a `last minute` you should call reception to verify if your apartment is free for the desired period. When the owner leaves his apartment, he must pay the fixed cleaning fee to re-rent his apartment. If you wish to rent through Westhaven Bay you must comply with the condition of payment of 25% fees for administration, reception, cleaning and third party fees (not applicable for own use). You can also optionally hire the Booking.com promotion.

If the owner wishes to take control and knows enough people who wish to rent his apartment, then he may have a greater benefit. This is also legal …
In this case, the 25% fees will not be paid to the operator, but only a fixed fee of € 120 + IGIC (7%) for the client`s registration at the hotel, the use of the reception service, the delivery of keys , towels and a cleaning after departure. (This price is only valid for stays between 1 night and a maximum of 2 weeks. For longer stays, this should be discussed with Westhaven Bay.

You can also combine both options!
We have calculated that after paying the taxes, a benefit of between 5% and 7% can be obtained and the apartment will also obtain an annual inflation of 3%, so we are talking about 10% of profits per year.

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