Commercial for sale in Santa Cruz de Tenerife, Tenerife

Investment opportunity for storage unit development with estimated returns of up to 8.3%.

We present an asset intended for storage unit development, combining manageable technical investment requirements with a highly efficient layout for conversion and operation. An opportunity aimed at both specialised operators and investors seeking recurring income through a well-established demand model.

The analysed operating scenarios contemplate the creation of 25 storage units, with estimated annual income of €24,000, equivalent to an estimated return of 6.5%, or the development of 30 storage units, with estimated annual income of €30,600 and an estimated return of 8.3%.

The asset complies with the required use conditions and allows evacuation. It benefits from adequate ventilation and an optimal layout for storage unit implementation, supporting efficient project execution. The only remaining requirement is the adaptation of fire protection measures, a standard condition in developments of this type.

Built in 1998, the property has an annual IBI tax of €1,320.

Its configuration and technical characteristics allow for professional operation with efficiency and cost-control criteria.

An opportunity for those seeking a real estate asset with a clearly defined operating strategy and income-generating capacity.

The photographs may not necessarily correspond to the advertised property. They are shown for illustrative purposes to reflect the type of space and its possible uses.