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Updated: 18-02-2011

Investment Property in Prime Location - 1228


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Investment Property in Prime Location Tenerife

Basic Info

Reference: 1228
Type: Investment and Commercial property
Status: For Sale
Price: €430,000
Ownership: Freehold
Location: Los Cristianos
Build size: 34 m2
Terrace size: 66 m2
Toilets: 2
Arona


Description

Freehold commercial premises for sale as investment in one of the most desirable business and tourist areas of Los Cristianos in the south of Tenerife. Just behind the beautiful Las Vistas beach this area is day and night busy, attracting both tourists and locals like a magnet.

Measuring 34 m2 inside the premises has two terraces, one facing a busy street and the other overlooking the beach and offering breathtaking views over the Atlantic Ocean.

Currently these commercial premises are occupied by a successful restaurant and the rent is paid punctually month by month generating for the freehold owner an annual return of over 5%. With lots of passing trade and many successful bars and restaurants around, this location is truly prime. Only rarely one will get an opportunity to buy the freehold of the commercial premises in this area.
 



  


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