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REF Excellent investment opportunity exclusively within the sought-after Malibu Park residential complex, located on Calle Italia, Adeje. This bright studio stands out for its impeccable condition after a comprehensive renovation, its spacious private terrace, and a privileged location in the south of Tenerife, ideal as a second residence. LAYOUT AND ACTUAL SQUARE METERS The property features an open-concept design that maximizes every square meter, ensuring comfort and brightness: Interior built area: 40.00 square meters. Estimated interior usable area: Approximately 34.00 net square meters. Private exterior area: Large terrace of 15.00 square meters with space for a solarium and outdoor furniture, oriented ideally to enjoy direct sea views. Internal layout: Combined living-bedroom area, fully equipped open kitchen, and a renovated full bathroom. AMENITIES AND PROPERTY CONDITION The property is sold exclusively and is fully ready for immediate use or marketing. Premium equipment: Delivered fully furnished and equipped, including installed air conditioning and laundry appliances (washer and dryer C&H). Accessibility: Located on the first floor (1st), the apartment has adapted access for people with reduced mobility (handicap accessible YES), and the building has an elevator. ABOUT MALIBU PARK COMPLEX Located in one of the most demanded tourist and residential areas of Costa Adeje, the complex offers excellent communal services: Leisure areas: Large fully operational communal swimming pool with sunbathing areas. Strategic location: Situated in an elevated area that guarantees excellent views, close to shopping centers, water parks, beaches, and connections to the TF-1 highway. ECONOMIC AND TAX INFORMATION Sale price: 238,500 euros Community fees: 124 euros per month IBI (Property Tax): 209.98 euros per year Garbage tax: 209.00 euros per year