Commercial for sale in Teror, Gran Canaria

Restaurant and Hotel with garage and air rights 10 minutes walking from the historic center of Teror - investment opportunity - Suitable for the RIC. This exceptional commercial property is for sale in the municipality of Teror, Gran Canaria. A unique opportunity for investors seeking versatility, profitability, and a prime location, just 1km from the iconic Basilica of Our Lady of the Pine. The building is currently operational, generating income from both the restaurant activity and tourist accommodation. The building has 1,476 m2 built, distributed over three floors with multiple uses:

- The upper floor has a built area of 503.80 m2. Currently set up and recognized as Hotel El Pino, it has 9 rooms with private bathrooms, five with outdoor terraces and four interior rooms with natural light. The rooms are equipped with heating and air conditioning, ensuring comfort year-round. It also includes a living room, laundry, and two rooms with a toilet currently used as storage and an office.

- The ground floor, with 570.80 m2 built, houses the renowned Restaurant Grill Casa Chano, with a capacity for 200 diners. Functional distribution with spacious dining rooms, it features an industrial kitchen, professional grill, a service bar, and terrace. Perfect for events, celebrations, or daily operation.

- The semi-basement floor, with 402 m2 built, is mostly in raw condition, designated for garage and storage use. It offers multiple adaptation possibilities according to needs. The building has horizontal division and includes air rights, allowing for future expansions in accordance with current regulations.

Strategic location for tourism. Located near the historic center in a quiet environment attractive to hikers and nature lovers, enhancing its appeal to foreign tourists and clients looking to stay in charming rural areas. Its proximity to the village makes it a perfect spot to develop a consolidated tourist activity. Very well connected with public transport and with all services nearby, such as supermarkets, pharmacy, health center, sports center, parks, shops, etc. The costs associated with the sale (notary, registration, taxes, etc.) are not included in the sale price.