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    Tenerife Business » Useful Information » Tenerife Areas » Fanabe Businesses For Sale
Updated: 29-05-2010

Fanabe Businesses for Sale 

Fañabé is the jewel in the crown of the new, rebranded Tenerife and draws tourists in huge numbers. Its popularity with tourists makes it an excellent location for business. If you want to enjoy the success of this area by investing in a Fanabe business for sale, then you will need to arm yourself with a broad understanding of the area.

 

Investment in Fanabe

Investment, both private and public has poured into Fanabe, an area that spearheads the island’s successful rebranding as an upmarket destination. The old Playa de Las Americas image has been shrugged off, replaced by the shiny new future which Fanabe represents. However, even within the small area of Fanabe, there are marked differences in the types of businesses that prosper.

 

The area of Fanabe extends behind the beach named after it. The closer to the la Caleta side you are, the newer and more prestigious it becomes. There are more five star hotels in this small area than anywhere else in Spain. Villas and apartments fetch the highest prices in the south of Tenerife and tourism in this area takes a slightly more genteel approach.

 

Shopping Centres in Fanabe

The main area of commerce is along the beach promenade. Along the Fanabe beach, shops, bars and restaurants jostle for the attention of passing tourists and trade is brisk throughout the day and evening. This is the more established part of Fanabe and businesses cater for all sizes of pocket. It is the most competitive area to run a business, but the sheer bulk of tourists allow a wide range of businesses to thrive. This beach area is actually made up of a number of commercial centres in a row, such as CC Fanabe and CC Litoral and it is possible to find bargain businesses for sale amongst them.

 

The next beach along is the Playa del Duque, where luxury and gentrification are the order of the day. Bars and restaurants are more discretely placed and prices higher. Decor is that much more tasteful, service expected to be more attentive. Rents are very high in this area and businesses, should they come up for sale, have substantial price tags.

 

Between the two beaches is the Plaza del Duque Shopping Centre, a magnet for swanky restaurants and shops. This is certainly the most exclusive of Fanabe’s shopping centres, although perhaps not the busiest. Others, such as the CC El Duque, CC San Miguel and Fanabe Plaza are strategically placed to tempt tourists from the hotels around them. Residents are more likely to shop in the CC Gran Sur as it has a large Mercadona supermarket and a cinema.

 

Businesses for Sale in Fanabe

Businesses for sale in Fanabe are very much at the front line of tourism. Bars, restaurants, excursions and all sorts of shops have carved out prosperous niches. As you would expect, Tenerife businesses for sale in Fanabe are available to meet all sorts of budgets.
 

See a selection of businesses for sale in Fanabe 

 

By Irina Saltmarsh


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