Gilmar is delighted to present this magnificent vacation property located in the Playa Jardín District, a unique opportunity for investors seeking high profitability in one of the most iconic areas of Tenerife. This detached villa, built in 1965, stands out for its privileged location, just 350 meters from the beach and offering stunning views, including the majestic Teide, from its 143 m² rooftop terrace. The property sits on a 416 m² plot with a total of 224 m² constructed, divided into four independent vacation apartments. Each unit features bright, functional spaces, with an annual occupancy rate of 75%. Additionally, the property boasts a private garden and a 60 m² garage, enhancing its appeal and profitability potential. While the property is well-maintained, it offers numerous renovation possibilities that could further increase its value, including the potential to build a second floor with another four individual apartments. The Playa Jardín area in Puerto de la Cruz is ideal for both residents and tourists. Offering a wide range of services and attractions, this neighborhood seamlessly blends traditional Canarian charm with modern conveniences. Nearby, you'll find the Colegio Internacional La Casona de Puerto, less than 10 kilometers away, and the La Villa Shopping Center, perfect for those seeking a variety of shops, restaurants, and entertainment options. Since 1983, GILMAR has been committed to helping our clients find their dream home with a personalized and professional approach. If you would like more information about this property, don’t hesitate to contact our Costa Adeje team.