Playa de las Américas (Arona), Avenida Rafael Puig Lluvina

• Objective rating: 7.47/10
  Strengths: 3 bathrooms for a 2-bedroom apartment (a rarity), large private roof terrace of 35 square meters, sought-after duplex/triplex layout, immediate proximity to the pool, and distinct sea views. Limiting factors: year of construction: 1986, lack of private garage/parking, and integrated air conditioning/heating.
• Subjective rating: 5.60/10
  Weighted room ratings: terrace 6.5; living room 5.8; master bedroom 5.5; bathrooms 5.5; kitchen 5.3; second bedroom 5.0. Reasons for the decline: basic/dated furniture and finishes, compact kitchen, limited natural light on the lower level due to the ground-level entrance.
• Overall rating: 6.53/10
  Interpretation: Strong fundamentals and a very high undervaluation per square meter create significant investment value with an average level of interior aesthetics.

Objective advantages

• Exceptional price gap to the average market value of the area (≈−4,363 €/square meter), supporting buy-renovate-capitalize scenarios and rental income.
• A large private roof terrace of 35 square meters with a shower is a key lifestyle asset and a competitive advantage in rentals.
• Rare configuration: 3 bathrooms per 2 bedrooms – popular with families and guests.
• Sea views and direct access to a well-maintained communal pool; The complex appears secure and well-maintained.

Convenient three-level layout, ample living space.

Objective Disadvantages

• Building from 1986: possible age-related structural and engineering issues; the interior requires partial modernization.
• No private garage/parking space and no integrated air conditioning/heating system.
• Ground-level entrance reduces natural light in the lower living area.
• The kitchen is compact; the quality of the furniture and finishes is generally basic, limiting the subjective impression.

Final Conclusion
The property is a “canvas for an investor”: with an overall rating of 6.53/10, it combines very strong objective value (7.47/10) with moderate aesthetics (5.60/10). Due to the significant discount to the market and a strong set of external advantages (35 m² terrace, 3 bathrooms, sea/pool views), the budget for cosmetic updates to the kitchen, furniture, lighting, and air conditioning is justified. After the upgrade, the subjective rating and liquidity will likely increase for both personal use and medium/short-term rentals.