€229,000for a 1/8 share1/8 Co-Ownership

Los Gigantes, Tenerife, Spain — 2-Bed Terrace Apartment With Sea Views & Private Infinity Pool

2Bedrooms
2.5Bathrooms
44Nights / year · minimum
1/8Share size
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About This Property

Set on a sought-after hillside above Los Gigantes on the west coast of Tenerife, this new-build terrace apartment looks out over the Atlantic and the towering cliffs that give the town its name. Few addresses on the island combine this scale of panoramic sea view with such an easy, everyday sort of comfort.

The west-facing terrace is where the day ends: long golden evenings and some of the most spectacular sunsets in the Canaries, with a private infinity pool set into the outdoor space for a cool swim before dinner. The surrounding residence adds a generous shared pool with sun loungers, shaded lounge areas and a fitness area.

Features & Amenities

  • New-build terrace apartment
  • Popular hillside location in Los Gigantes
  • Panoramic views of the sea and the cliffs
  • West-facing terrace
  • Private infinity pool
  • Shared pool with sun loungers and lounge areas
  • Fitness area in the complex
  • Playa de los Guíos and the marina a few minutes away
  • Hiking trails in the Teno Mountains on the doorstep
  • Whale and dolphin watching offshore
  • Restaurants, cafés and bars around the marina

Location

Los Gigantes, Canary Islands, Spain

How Co-Ownership Works

How Co-Ownership Works

  • You own 1/8 of the homeReal ownership of the home — not a timeshare, not points.
  • 44 nights a year, minimumStays are scheduled fairly between the co-owners across the whole year.
  • Costs are sharedYou pay 1/8th of the home's total running costs, shared between all owners.
  • Fully managedMaintenance, cleaning and scheduling are handled for you — just arrive and enjoy.
  • You set the resale priceThe share then goes on the open market.
  • Transfer to your loved onesPass your share on to your children or loved ones, so your family can enjoy the home for generations.

What a night here really costs

Owning a piece of this home, renting something similar, or buying a whole home like it: the cost per night you'd stay, side by side.

Prefilled with this home: €229k for a 1/8 share of a €1.8M home.

Assumptions

Example figures: change them to your own. This home's real running costs are a button away below.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Rent every year

€610

per night you stay

Real cost over 10 years
€268,400
Money tied up
None
Back when you sell
Nothing
Nights a year
44

Co-own a 1/8 share

€365

per night you stay

Real cost over 10 years
€160,627
Money tied up
€247,320
Back when you sell
€217,550
Nights a year
about 44

Buy the whole home

€2,920

per night you stay

Real cost over 10 years
€1,285,019
Money tied up
€1,978,560
Back when you sell
€1,740,400
Nights a year
44 of 365

At 44 nights a year, owning a share works out at €365 a night: €245 a night less than renting and €2,555 less than owning the whole home for the same stays.

Per night = what you pay in (price, taxes, running costs, and what the money could have earned) minus what you get back when you sell, divided by the nights you stay. It assumes the home is worth the same when you sell; a share can appreciate in value, so change that under Assumptions if you like.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Want the real numbers for this home?

We'll send its yearly running costs with the full photos and floor plans.

Enquire About This Property

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