LTP offer for sale this tudio apartment on the touristic complex Castle Harbour in Los Cristianos for only ???49,950!!! This is the best priced studio on the complex and given the rental income it g

The Castle Harbour complex is situated in the Oasis del Sur area of Los Cristianos and there are plenty of bars, restaurants and entertainment very nearby. A thriving area and constant influx of holidaymakers makes this an ideal place to purchase a holiday apartment for personal use and for solid rental income.

The complex is well located with its own pool and tennis courts and is suitable for adults and children alike with bus routes and a taxi rank in the immediate vicinity. Castle Harbour has its own 24 hour reception, rental agency on site, key holding facilities, laundry/apartment cleaning and can even give you rental clients if you don???t have your own.

However the best returns are achieved if you can generate your own rental clients. With its own source of clients and no agency fees, this property rents out for an average of 190 euro per week over 41 weeks per year giving totalgross rental income of 6,500 Sterling per year ( approx 7,500 euros .) Community fees per year are around 1,440 euros, cleaning costs are around 1,150 euro per year and water and electricity are around 450 euro per year giving total deduction of 3,040 euro leaving a tidy net profit of 4,460 euro per year .So the studio easily covers all of its costs leaves the owners with a tidy profit and 11 weeks per year free to enjoy it themselves.