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    Tenerife Business » Useful Information » Tenerife Areas » Business For Sale In Costa Del Silencio
Updated: 27-05-2010

Business for Sale In Costa del Silencio

If you are looking for a business for sale in Costa del Silencio, then you probably have a good nose for a bargain and an investor’s eye for great potential. This area is in the midst of receiving millions in European, national and Cabildo investment with the intention of creating a ‘residential zone of tourist quality’.

 

Costa del Silencio was the first area in the South of Tenerife to be developed for tourism when the sprawling Tenbel apartments were built. It was a resort particularly popular with Germans and Belgians, and continental Europeans still make up the largest populations of visitors. This makes for a much more international and cosmopolitan feel than more British dominated resorts.

 

Tourist accommodation in the area is made up almost entirely of self catering apartments so bars, restaurants and supermarkets in the area do brisk trade. There are 3 commercial areas in the town, the CC Trebol, CC El Chaparral and CC Coralmar Square which are magnets for the tourist and local population.

 

A huge commercial advantage for businesses serving the tourist industry in Costa del Silencio is its geography. The town is some distance away from the major resorts of Los Cristianos and Playa de las Americas which ensures that tourists staying in the area... stay in the area! Because of this, prices charged tend to be a little higher and profit margins better.

 

The area has attracted a huge amount of public investment and the improvements are ongoing and the town is in the process of a substantial six year makeover. The main streets have already been beautified and a large recreational area is currently in construction. This includes tennis, squash, park, an amphitheatre, a skating, a running track, bicycle lanes, a climbing area, a tree covered plaza and numerous children’s playgrounds. The regeneration project is timetabled to continue until 2013 and will include manmade sandy beaches lined with palms.

 

The intention of the plan is to create an area that is perfect for long term tourists, known locally as swallows. This is probably Tenerife’s most lucrative tourist market. Thousands of semi-retired and retired affluent Europeans spend several months of the year in the sun, to avoid the bitter winters of the UK and the continent. From a business perspective, these loyal repeat visitors are the perfect customers.

 

Adjoined to Costa del Silencio is the more traditional Spanish fishing town of las Galletas. With its pretty harbour and beach, it gives tourists the opportunity to enjoy a more local flavour just a short walk away. Both sides of the town have substantial residential population, ensuring trade throughout the year for businesses in the area.

 

The future for Costa Silencio is bright and prosperous. Public sector investment combined with the area’s isolation makes this a region of considerable interest for entrepreneurs. Prices for businesses compare favourably with other areas of Tenerife, yet the potential for growth is much higher. If you are looking for a Tenerife business for sale, then you should certainly take a close look at Costa del Silencio.
 

See a selection of businesses for sale in Costa del Silencio 

 

By Irina Saltmarsh


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