100-020 Resort Complex of 9 Bungalows

Bungalow resort in the centre of Playa del Inglés, at the heart of Avenida de Alemania. Complete bungalow resort/complex for sale. The property sits on a plot of approximately 890,00m2, and consists of six bungalows and two semi-detached units convertible into three more bungalows, making a total of 9 bungalows. The communal areas consist of Pool, Jacuzzi, Bar and Garden areas. A unique and rare investment property in the cetre of Playa del Inglés, where getting a complete resort is indeed a rare chance in itself. The property has a complete renovation project for conversion into a 5* boutique resort, or it can just do with a small makeover and be managed as a bungalow resort complex as well. A unique investment at 15% p.a. return whether run as a holiday resort, holiday letting modality or as a boutique 5* hotel, in the most popular destination and location for the tourism industry in the Canary Islands.