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Updated: 14-01-2010

New project in Las Chafiras - 1011


     Don't miss it!
New project in Las Chafiras Tenerife

Basic Info

Reference: 1011
Type: Investment and Commercial property
Status: For Sale
Price: €1,200,000
Ownership: Freehold
Location: Las Chafiras
Built Year: 2005
Build size: 1150 m2
Terrace size: 80 m2
San Miguel de Abona


Description

PRICE REDUCED

This is a unique opportunity to give your personal finishing touch to an interesting building project in the industrial zone of Las Chafiras, in the South of Tenerife. The project is approved and is planned on 2 floors. The ground floor of approximately 600 m2 is clever planned in 2 equal parts of 300 m2, which can be either connected or completely separated. One part is planned for a spacious bar and restaurant and another – for a discotheque with a nicely designed wave-shaped bar in it. The development has started but is still in a raw form – until now the initial shapes of the bars and the basic structure of the elevated DJ booth have been put in place. The floors and stairs are all newly tiled and electricity distribution and sanitation facilities are prepared. Power and water are supplied up to the building, but still need to be led inside.
The first floor measures approximately 550 m2 and has 3 roof windows. The original plans assumed a separate club here; however the potential could be much wider, including several office spaces, which could be rented out. Based on current construction plans this floor can be accessed through a separate entrance, the stairs of which are already prepared.
This opportunity is available both as Leasehold and Freehold options. For the freehold purchase the owner is ready to consider various payment options.