Welcome to LEC Tenerife

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Requirement:




Benefits
  • You own a property in a destination of high economic value
  • Best mortgage conditions
  • Expert administrative management of the complex
  • Solid endorsement of the associated bank
  • Enjoy a second home for holidays
  • Possibilities to enjoy fiscal benefits in some destinations (taxes, etc.)
  • Guaranteed Rental management, even in low season

How Does It Work

  1. You buy the apartment of a tourist complex / resort in a tourist destination of your choice.
  2. The purchase of the property is made through mortgages which are taken on with local banks.
  3. When you become the owner of a Tourist Apartment, you also sign an exclusive rental agreement with the management of the complex; who will be your only tenant and guarantee the rental payments. You will be free of any obligations regarding the management of your property (finding tenants, ensuring rental payments)
  4. Finally you will enjoy your apartment for exclusive private use for several weeks a year.

Fañabe Tenerife, Sales of Freehold Apartments with Guaranteed Rental Income Virtually Covering The Mortgage Repayments.




Prices from 170.000€ small ingoing mortgage repayments 169€ per month

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