Hotel for sale in Duggi, Santa Cruz de Tenerife, Tenerife

Partial Sale Opportunity - Prime Hotel Property in the Historic Center of Santa Cruz

An exclusive opportunity to acquire one-third of a centrally located hotel building in the heart of Santa Cruz's historic district. This offer includes 21 fully operational apartments and a commercial unit at street level.

Breakdown of Units:

Total: 6 one-bedroom apartments, 1 two-bedroom apartment, and 14 studios.

5th Floor: Entire floor spanning 507 m², comprising 4 one-bedroom apartments (each 45m²) and 12 studios (each 26m²), along with an entrance hall and common corridor.

4th Floor: Two additional one-bedroom apartments.

6th Floor: A commercial space converted into a residential unit.

Extras: A portion of the rooftop terrace and a ground-floor retail space - perfect for a small business such as a café, bakery, or fast food outlet.

Nine of the 21 units have been recently renovated, and the building's electrical infrastructure has undergone a complete upgrade. All apartments are currently rented and generating attractive returns.

Enjoy panoramic city views and benefit from an unbeatable location in the heart of Santa Cruz, with immediate access to shops, services, and public transport. This investment combines urban comfort, lifestyle appeal, and solid financial performance.

Community fees: €1,600/month (includes electricity and water)

Annual property tax (IBI): €3,250

Year of construction: 1961

An exceptional investment in a highly sought-after area!