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thinkSPAIN Logo Properties

Hotel for sale in Costa del Silencio, Arona, Tenerife

  • € 9,950,000
  • 8000 m2

€ 9,950,000 Ref. 8994277

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Ref. 8994277
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  • Hotel for sale in Costa del Silencio - € 9,950,000 (Ref: 8994277)
  • Hotel for sale in Costa del Silencio - € 9,950,000 (Ref: 8994277)
1/2

€ 9,950,000

Hotel for sale in Costa del Silencio, Arona, Tenerife

  • 8000 m2

Description

Outstanding property in Southern Tenerife, close to the ocean

This impressive complex, built in 2002 and ideally oriented to the south, is located just a short distance from a small beach. Originally designed for geriatric care, the property is classified primarily as residential, with additional commercial spaces and service areas.

Spread over three levels and offering over 8,000m² of built area, the complex comprises 109 units, including apartments, studios, and office spaces. It also features a reception area, restaurant with full kitchen, pub, fitness room, laundry facilities, 14 enclosed garages, 20 storage units, approximately 500m² of outdoor parking, two elevators, and two swimming pools with a bar and solarium area.

In recent years, the building has undergone partial horizontal division, and some individual units have been sold. The current offer includes around 60 units mostly studios and approximately a dozen one-bedroom apartments as well as all commercial spaces and garages.

The property is currently operating very successfully as a 3-star tourist apartment complex. However, the restaurant, children's pool, and one of the elevators are currently not in operation.

The entire package of available apartments can be purchased together, or subdivided into smaller lots tailored to the buyer's preferences. This flexible structure allows investors to adapt the opportunity to suit their specific goals and requirements.

Location

Costa del Silencio, Arona, Tenerife Location provided by the Advertiser

Features

  • Hotel
  • Build Size: 8000 m2
  • Lift
  • Energy Efficiency Rating: In Progress

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Mortgage calculator

€
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€ 31,598 per month*

+ € 648,450 taxes (€ 646,750) & expenses (€ 1,700)*

*Please note that the results are only a guide and not a mortgage offer or quote.

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+34 822 260 871

Ref. 8994277

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  1. Spain
  2. Canary Islands
  3. Tenerife
  4. Arona
  5. Costa del Silencio
  6. Hotel for sale in Costa del Silencio, Arona - € 9,950,000 (Ref: 8994277)