description

Unique Investment Opportunity in El Médano – Coliving with Kitesurf We present a unique property that is not only a beachfront home in El Médano but also an excellent investment opportunity. This residence has been used as coliving and offers great potential to become a kitesurf school or a coliving specialized in this sport, taking advantage of its privileged location and ideal infrastructure for such projects. Main Features: Premium Location: Facing the sea, with direct access to the beach, ideal for kitesurfing and other water sports. Profitable Business Model: With a license for vacation rental, this property has great potential as coliving or as a center for a kitesurf school, with proven profitability. Multifunctional Space: 65 m² garage that can be transformed into storage rooms or additional spaces for kitesurfing equipment or as storage area for the business. Impeccable Condition: Home in excellent condition, ready to be converted into the operational center of your project or to continue being a high-performance vacation property. Projection: With similar occupancy rates, the business will generate approximately €450,000 in the next 5 years, ensuring an attractive return on investment. Financial and Valuation Data: Property Valuation: Home and annexes: €609,000. Vacation business: €201,100. Estimated total value: €810,100. GROUND FLOOR: Spacious bright living room with direct access to the garden. Fully equipped kitchen. Bright bedroom with built-in wardrobes. Full bathroom. Private garden of 30 m². Rear terrace of 30 m². UPPER FLOOR: 3 bright bedrooms with built-in wardrobes. 2 full bathrooms. Laundry room with views of common areas. Garage (65 m²): Capacity for 3 vehicles. Additional space ideal for creating storage rooms or storage area for kitesurfing equipment. Toilet with shower. Surfaces: Home: 108.22 m² Garden: 28.09 m² Garage: 65.70 m² Advantages of the Area: Direct Access to the Sea: Perfect location for kitesurfing and other water sports. Nearby Services: Restaurants, supermarkets, health centers, and public transport, all just a few minutes away. Tourist Appeal: Ideal area for tourists looking to practice kitesurfing, surfing, and relax in a natural setting. Furniture Included: The property is sold with furniture and appliances included, ready to be operational from day one. If you are looking for a high-return investment in one of the most dynamic areas of Tenerife, do not miss this opportunity.