Corner bungalow for sale in San Juan de los Terreros - Costa Almería

Real estate bargain costa almeria
Property for holiday or rental opportunities in coastal town of San Juan de los Terreros - Costa Almería

Asking price: €97,000

Bungalow with large terrace with private roof terrace in the coastal town of San Juan de los Terreros, situated on the beautiful Costa Almeria, not only offers one of the most beautiful and sunniest parts of Spain, but also a great opportunity for property investors looking to capitalise on the growing demand for properties in the area. This property offers a unique opportunity for a flip over property project, where the property can be renovated with a relatively small investment and resold for a significant profit.

Why Buy in San Juan de los Terreros?

1. Increasing demand for real estate

San Juan de los Terreros is an emerging destination in the province of Almeria, known for its pristine beaches and peaceful atmosphere. In recent years, the region has attracted a growing number of visitors and residents, particularly from other parts of Europe, including the UK, the Netherlands and Belgium. This has led to an increasing demand for properties, both for holiday rentals and permanent residence.

2. Real estate at an attractive price

Property prices in Costa Almeria remain relatively low compared to other popular Spanish coastal regions such as Costa Brava, Costa Blanca or Costa del Sol. This means that there are many properties for sale at attractive prices, which offers an excellent opportunity for flip-over projects. The property we offer for €97,000 has great potential, and after a renovation of around €20,000 the value could increase considerably.

3. Natural beauty and location

San Juan de los Terreros is located on the edge of the Sierra de los Filabres Natural Park, surrounded by impressive mountains and the azure Mediterranean Sea. The location offers both tranquility and easy access to the city of Almeria and other attractive coastal towns. The area is also ideal for those who enjoy outdoor activities such as hiking, cycling and water sports.

4. Tourism and holiday rentals

The region benefits from the constant flow of tourists who visit the Costa Almeria for sun holidays, golf and nature tourism. This also makes it an attractive destination for holiday rentals. After renovation, the property can offer a lucrative rental opportunity, providing a steady income stream and a profitable real estate project.

5. Accessibility

San Juan de los Terreros is well served by the airports of Almeria and Murcia, which offer connections to several European cities. This increases the attractiveness of the area for both holidaymakers and potential buyers looking for a second home.

What can you expect from this Flip Over Real Estate project?

• Purchase price: €97,000

• Renovation costs: €20,000 for renovating the kitchen, bathroom, floors and creating a roof terrace.

• Total investment: €117,000.

After renovation, the property can increase significantly in value, mainly due to its strategic location and increased interest in the area. This offers real estate investors an excellent opportunity to make a profit by reselling the property at a higher price.

The House:

• Number of bedrooms: 2 spacious bedrooms

• Living room: Cozy living room with lots of natural light

• Kitchen and bathroom: Basic furnishings, ideal for renovation

• Outdoor space: Small patio or garden, perfect for improving and expanding

What makes this home special?

• High profit potential: The property has many renovation possibilities and can be transformed into a modern, desirable home at relatively low cost.

• Convenient location: San Juan de los Terreros is an emerging area with high demand for real estate, increasing the chances of a successful sale.

• Lucrative rental opportunities: Tourism in the region is growing, making the property an attractive option for holiday rentals as well.

Please do not hesitate to contact us for more information or a viewing:

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