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Updated: 02-07-2013

Traditional Canarian Estate For Sale - 1475


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Traditional Canarian Estate For Sale Tenerife

Basic Info

Reference: 1475
Type: Investment and Commercial property
Status: For Sale
Price: €850,000
Ownership: Freehold
Location: Callao Salvaje
Adeje


Description

An unusual opportunity to buy in the south of Tenerife a small housing estate consisting of a large Canarian restaurant, a traditional Canarian house with 2 spacious apartment and an additional building offering 6 separate apartments. The estate is situated on the main road connecting Callao Salvaje and Playa San Juan, just a few hundred meters off Callao Salvaje.

The restaurant is currently closed due to family circumstances. It has been however a great success for the past 40 years. Specializing in Canarian cuisine and offering great entertainment, this restaurant has worked a lot with tourist companies bringing large groups of tourists for traditional Canarian lunches and dinners. Besides, with its location directly on the main road and opposite a bus stop the restaurant attracts a lot of passing car traffic. The restaurant spreads over approximately 200 m2 offering a large well-equipped kitchen, a BBQ, an outside terrace, a big dining area inside with a stage for live music performances, as well as an office and storage area in the basement. The premises offer lots of traditional features creating an authentic and very warm atmosphere.

Just behind the restaurant there are two further buildings. One is a house measuring approximately 200 m2 and consisting of two apartments, each with 2 bedrooms. The next building measures approximately 300 m2 and offers 6 one-bedroom apartments, each with a separate entrance, and a cosy courtyard in the middle.

This Canarian estate with a fully equipped restaurant and substantial living space offers great potential and would fit for a multitude of purposes.
 



  


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