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COMMERCIAL

Canary Islands, Tenerife, Arona, Spain

£8,195,119
€9,950,000
Asten Realty, Adeje
PROPERTY TYPE

Hotel

BEDROOMS

79

SIZE

89,061 sq ft

8,274 sq m

Key features

  • Parking included
  • Build in 2002

Description

Formidable building in the south of Tenerife, next to the ocean.


Built in 2002, facing south and not far from a small beach, it has been designed for geriatric use and appears as mostly residential land, complemented by premises and services.


Distributed over 3 floors with more than 8,000 m2 built, it has a total of 109 apartments, studios and offices, reception, restaurant with kitchen, pub, fitness room, laundries, 14 closed garages, 20 storage rooms, some 500 m2 of street parking, 2 lifts and 2 swimming pools with their bar and solarium area.


During the last few years, the partial horizontal division was made and some individual units were sold, which leaves the present sale offer in about 70 flats, mostly studios and a dozen 1-bedroom flats, in addition to all the premises and garages.


Currently, the structure is operated with great success as 3* Tourist Apartments.


The elevator, the children's pool and the restaurant are not in use.

Community fees €4.000/ month.


IBI €19.000/year.

Ref 7807 - astenrealty.com

Canary Islands, Tenerife, Arona, Spain

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Tenerife(International)
    6.0 miles
  • La Palma(International)
    75.9 miles
  • Gran Canaria(International)
    78.7 miles
Advice on buying Spanish property

Advice on buying Spanish property

Learn everything you need to know to successfully find and buy a property in Spain.

About Asten Realty, Adeje

A company with a mission and a vision, Asten Realty® are the estate agents of choice when it comes to a serious real estate transaction in Tenerife, Canary islands, Spain. Asten Realty® is the largest real estate agency in the south of Tenerife with a team of 45 talented agents who speak 16 languages, that operates from an office in a top location – the luxurious 5 star area of Bahia of the Duque.

The number 1 position in sales in a Spanish nacional ranking during 3 consecutive years, we offer the X-factor: local expertise, boutique service and 100% reliability. We create a Value Package for our clients, selling a property in the shortest possible time, and converting the buy-sell process into a pleasurable, stress-free experience.

Our team of agents receives top-level training delivered by the Asten Business School of real estate, that we launched in 2016.

Asten Realty® has an extensive portfolio of selected apartments in the best areas of Tenerife, townhouses in prestigious complexes, detached luxury villas & exclusive estates. All properties undergo a meticulous property check prior to their acceptance on the inventory, secure transaction is guaranteed. The trust of the home owners and building companies, who grant Asten Realty® the exclusive right of sale of their properties is the result of more than 10 years of impeccable reputation and close long-term relations.

We are exceeding the standards of performance. We have developed a business model that has been giving outstanding results in client service and operational productivity. We recruit the best talent, the personal growth of our team members makes the company grow and get better.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Asten Realty, Adeje (reference 7807) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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