€249,000for a 1/8 share1/8 Co-Ownership

Playa San Juan, Tenerife, Spain — 2-Bed Penthouse With Waterfront Sea Views & Roof Terrace

2Bedrooms
2Bathrooms
119 m²Living area
44Nights / year · minimum
1/8Share size
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About This Property

Set on the waterfront in Playa San Juan, on the sunny south-west coast of Tenerife, this new-build penthouse, currently under construction, will enjoy uninterrupted sea views across the Atlantic. Floor-to-ceiling glass opens the living space onto a private roof terrace, where a private pool and generous sun-lounging areas make the most of the island's year-round sunshine.

Inside, the two-bedroom home is being finished to a contemporary, light-filled design — an open-plan living, dining and kitchen space flows seamlessly out to the terrace, dissolving the line between indoor and outdoor living. Natural timber, soft neutral tones and designer furnishings create a calm, upscale retreat just steps from the water.

Features & Amenities

  • Waterfront location
  • Panoramic sea views
  • Private roof terrace
  • Private pool
  • Shared lagoon-style pools
  • Wellness & spa area
  • Fitness centre
  • Landscaped tropical gardens
  • Open-plan living
  • New-build modern design
  • 5-star concierge service

Location

Playa San Juan, 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: €249k for a 1/8 share of a €2M 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

€660

per night you stay

Real cost over 10 years
€290,400
Money tied up
None
Back when you sell
Nothing
Nights a year
44

Co-own a 1/8 share

€397

per night you stay

Real cost over 10 years
€174,656
Money tied up
€268,920
Back when you sell
€236,550
Nights a year
about 44

Buy the whole home

€3,176

per night you stay

Real cost over 10 years
€1,397,248
Money tied up
€2,151,360
Back when you sell
€1,892,400
Nights a year
44 of 365

At 44 nights a year, owning a share works out at €397 a night: €263 a night less than renting and €2,779 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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