The real estate market in the Canary Islands is experiencing some strain due to the scarcity of available housing for both rental and purchase. In certain areas, such as the southern region of Tenerife, it’s almost impossible to find a property. However, occasional exceptional opportunities arise, making it worthwhile to consider a small investment. This is precisely the case with a dwelling comprising a basement and two floors, with an approximate area of 100 square meters. Additionally, the property includes a 100-square-meter plot of land, all available for under 50,000 euros. Specifically, the price has recently been reduced from 54,990 euros to 49,990 euros.
It is an aged property in need of restoration. Upon completion of the renovations, it can be reconfigured to offer a more contemporary layout than its current arrangement, which comprises two bedrooms, two bathrooms, as well as additional spaces such as a living room, kitchen, and terrace.
The house is situated in the town of Chirche, within the municipality of Guía de Isora, in the central area.
Undoubtedly, this is an opportunity to reside in a natural setting with scenic views of the sea and Mount Teide.
