Premises for Sale in Tenerife

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Premise for Sale in Arona (Tenerife)  -  Ref.: 0067-03459

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Premise for Sale in Arona

Price

244,900 €

Metro 2 Built1,249 €

Area

Built196 m2
Useful180 m2

Area: Cabo Blanco

  • 2 Toilets
  • In Good Condition

description

**INVESTMENT OPPORTUNITY!!! 196 m² COMMERCIAL SPACE WITH AN 80 m² TERRACE IN CABO BLANCO!!!** For sale: a fantastic and unique commercial space with **high-end finishes**, **completely renovated**, fully equipped with all necessary machinery, **new electrical system**, and **adapted restrooms**. This **196 m²** space is currently operating successfully and is **rented by an experienced chef**. The business has been running for years, recently under **new management**. Surrounded by **residential homes and apartments**, the clientele is guaranteed, ensuring **tenant continuity**. It features a **sunny and spacious 80 m² terrace** with room for **40 tables**. Due to its **prime location, history, and business potential**, this property is a **secure investment for profitability**. Currently rented, it offers **up to 7% annual return** due to the **high demand for rental spaces with terraces in the area**. **Price: €244,000** If you are an investor looking for a **rented commercial property** generating **passive income**, this is an excellent opportunity: a **fully equipped café with a private 80 m² terrace** in **one of the busiest, most active, and fastest-growing areas in the South of Tenerife**—Cabo Blanco. The property is **strategically located** in front of the **new MERCADONA entrance and the giant CHINATOWN**. **Don't miss out—contact us now to schedule a visit!** This property is sold under the **INTEGRAL SALES MANAGEMENT** modality. We are **ACEGI (Canary Association of Real Estate Management Companies) members** and collaborate with **any real estate agency or advisor** with a potential buyer. **Informational purposes only, non-contractual. Taxes and transfer costs not included.**

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