Restaurant/Bar for sale in Santa Cruz de Tenerife, Tenerife

We present an outstanding investment opportunity in a property with significant development potential. This is a four-story building requiring a complete renovation, offering the possibility to create up to six residential units, subject to project design and current regulations.

The property stands out for its versatility, making it ideal for investors seeking rental income as well as those looking to develop a project for unit sales. Its structure allows for multiple configurations, adapting to different investment strategies.

One of its main highlights is the rooftop terrace with sea views, a key differentiating feature that enables the development of one or more units with a privileged orientation. This type of feature significantly increases the final value of the properties, especially in the second-home or holiday rental market.

Located in a well-established and well-connected area, the surroundings offer access to essential services, shops, public transport, and points of interest, greatly enhancing its appeal for both future residents and the rental market.

This property offers strong potential for value appreciation after a full renovation, making it a strategic option for investors aiming to maximize returns in a high-demand market.

Some images may have been enhanced using artificial intelligence for illustrative purposes, showcasing potential outcomes after renovation, without implying any structural modifications.