Abama Tenerife - Luxury Terrace Apartments For Sale

Abama Tenerife - Terrace Apartments (SOLD)

Playa San Juan, Tenerife, Spain

1 - 3 bed | 1 - 3 bath
From {{data.currency}}   {{data.price}} {{data.selectedCurrency.CurrencyCode }}   {{data.localPrice}} P-00098
P-00098

Key details

  • Approx size: 86.75-221.05 sq m (934-2,379 sq ft)
  • Ownership: Freehold
  • Floor level: 1 - 3
  • Property Style: Modern, Off plan
  • Building type: Apartment, Furnished, Resort residence
  • No. floors in building: 3
  • Year built: 2016-17

Features

  • Sea views
  • Outdoor pool
  • Terrace
  • Communal gym
  • Investment
  • Air conditioning
  • Eco-friendly
  • Mountain views
  • Golf
  • 24hr security
  • Communal pool
  • Parking
  • Balcony
  • Concierge
  • Gated community
  • Spa & wellness facilities

Property overview

Now selling Phases 3 & 4 Abama Terrace apartments within the impressive Ritz-Carlton managed Abama Resort on the island of Tenerife with views overlooking the golf course and Atlantic Ocean.

Each of the Terrace buildings, dotted around a hill overlooking La Gomera island, boasts a unique architectural style. The Terrace apartments, so named as each has a private open terrace ranging from 28 sq m to 122 sq m, provide all their owners and guests with spectacular views of the ocean and the luxury resort's subtropical gardens. The complex is centrally located between the first and second holes of the resort's impressive Dave Thomas golf course, just a short walk from the clubhouse.

Each one of the Abama Terraces buildings is divided into 15 apartments and penthouses with one to three bedroom options, all with spacious terraces and their own shared garden. The ground floor apartments come with private gardens; the first floor apartments offer generous terrace space and penthouses, on the second floor, have impressive panoramic golf and ocean views.

Owners and guests also have access to shared pool facilities surrounding the Terrace buildings as well as the seven hotel pools, with some reserved for adults or families only.

Phase 1 and 2 apartments and penthouses have been sold with many now completed. Phase 3 is now available and is under construction with completion due by end 2017.

The resort's Ritz-Carlton includes 10 restaurants including two with Michelin stars, an opulent spa, created by the design team behind Sanctuary Spa in London and Chiva Son in Thailand, and a fully-equipped gym with state-of-the-art equipment, personal trainers and a relaxing private spa-garden and café. Other resort amenities include the tennis complex, golf course, beach access and dining facilities.

Abama Resort is a 160 hectare estate designed by Chilean/Bolivian architect Melvin Vallaroel. In addition to the Terrace apartments, there are additional options to purchase luxury 'turn-key' villas (Bellvue villas), plots to build bespoke villas (Custom Villas) and front-line plots on the golf course to build luxury estates (Premium Plots), providing breathtaking views.

The largest island in the Canary Islands, Tenerife is known internationally as the "Island of Eternal Spring" and is home to hundreds of species of subtropical plant life. Located the same latitude at the Sahara Desert, Tenerife enjoys a warm climate year-round with an average of 18-20 °C in the winter and 24-26 °C in the summer and enjoys more hours of sunshine than any other part of Spain.

Abama Resort is easily accessible by road, only 20 minutes from Tenerife South Airport and one hour from Tenerife North Airport. 

Subsidised inspection trips available, subject to availability and conditions. Enquire for further details.

Regional info

Tenerife       
 
Tenerife, the largest of the Spanish Canary Islands, is a four and a half hour flight from London on both scheduled and low-cost flights.
 
Tenerife remains one of Northern Europe’s favourite winter escapes. It has Spain’s highest volcano, snow-capped Mount Teide, traditional Spanish towns in the north and theme parks and beaches in the south along with the ideal weather to enjoy them all. Year-round temperatures hover alluringly between 20 and 30°C.
 
The quieter north of the island has plenty of palm trees and banana groves and in recent years the island has worked hard to carefully landscape the main tourist centres.
 
Kite surfers fill the skies at El Médano but away from the dark, rocky beaches it is increasingly golf that is the major draw with nine courses on the island. Abama Golf & Spa Resort, one of the finest on the island and part of the five-star Ritz Carlton Hotel, is a hilltop course overlooking the sea thirty minutes from the international airport where past players include Bill Clinton.

Buyers guide

Payment plan:

  • €20,000 + 7% IGIC reservation
  • 10% of  the value of the apartment by the signing of the purchase contract ( less the 20.000 € already paid ) + 7 % IGIC
  • 10% of  the value of the apartment by the finishing of the structure + 7% IGIC
  • 10% of  the value of the apartment by the finishing of the external walls  + 7% IGIC
  • 70% of the value of the apartment by the delivering of the keys in the notary + 7% IGIC

IGIC is the equivalent to VAT in the Canary Islands.

Annual community fees:

From €400 per month, depending on the property size.

WOULD YOU LIKE TO VISIT THIS PROPERTY?

We specialise in arranging bespoke inspection trips to all our properties, tailor-made to suit your specific travel requirements. Contact us to speak to a dedicated travel manager.

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