Hotel for sale in San Eugenio Alto, Adeje, Tenerife

Tourist Apartment Complex for Sale in Costa Adeje - Exceptional Location Across from Siam Park

This is a rare investment opportunity in one of the most desirable areas in southern Tenerife. Available for purchase is an entire block of tourist apartments situated within the aparthotel, perfectly positioned in the upscale San Eugenio Alto neighborhood directly opposite the world-famous Siam Park waterpark.

Constructed in 1985 on a plot of 1,986m², the complex is well maintained and boasts a recently renovated communal swimming pool. It enjoys an average annual occupancy rate of around 70%. The apartments currently for sale are managed by an experienced vacation rental operator, and the purchase includes the right to continue this established tourist business. Please note that some individual units within the complex are privately owned and not part of this offer.

Key Features of the Complex:

41 units across two buildings, each with four floors

Shared amenities include landscaped gardens, a swimming pool, and a large solarium

Independent entrances from two separate streets for added accessibility

Units Included in the Sale:

19 studio apartments (approx. 38m² interior + 9m² terraces)

3 one-bedroom apartments (approx. 45m² interior + terraces ranging from 13 to 50m²)

1 two-bedroom apartment (approx. 72m² interior + 15m² terrace)

1 three-bedroom apartment of approx. 135m²

A 100m² bar

A 52m² swimming pool

A 210m² solarium

A 40.26m² technical/machine room (located beneath the solarium)

A 46m² reception area

Approx. 200m² of commercial or garage space

Operational Costs and Taxes:

Monthly maintenance and staffing costs: approx. €8,350

Annual property tax (IBI) and waste fees: approx. €10,000

This property offers a solid and secure investment with strong rental income potential in one of Tenerife's most visited and continuously expanding tourist regions.

Investment property for qualified investors

Guaranteed Return:

If rented through our agency, we guarantee a ROI of 8%.