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Updated: 08-11-2016 Investment Property For Sale - 1592
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Description
Commercial property for sale as investment with a gross annual return in excess of 6%.
The property is located in the picturesque town of Puerto Santiago in the south of Tenerife, and offers fabulous Ocean views. Currently this property is rented out to an established and successful restaurant, which brings an annual gross rental income of €24’000 Euros.
The property measures approximately 189 m2 inside and has a 47 m2 outside terrace with breathtaking views.
If you are looking for a sound investment in a good location in the south of Tenerife, then this commercial property is not to be missed!
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See Also
| | Views and sunsets. Altogether there are tables for 50 dining guests, a bar, a storage room, guest toilets, and a spacious kitchen. The premises got a refurb in 2014 and is kept in good condition.
The current owners opened the business 27 years ago, so it is more than well-established. Today ... |
| | To buy freehold of a very long established bar-restaurant in the picturesque resort of Playa de la Arena in the south of Tenerife.
This well-signed restaurant has a great location on the main street opposite the beautiful black sandy beach, enjoying good passing trade.
This freehold ... |
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