Hotel for sale in Teror, Gran Canaria

Hotel with restaurant, garage and right to flight within a 10-minute walk to the historic center of Teror - investment opportunity. This exceptional commercial property in the municipality of Teror, Gran Canaria is for sale. A unique opportunity for investors seeking versatility, profitability and a privileged location, just 1 km from the emblematic Basilica of Our Lady of Pine.

The building is currently in operation, generating income from both restaurant activity and tourist accommodation. The building has 1,476 m2 built, distributed over three floors with multiple uses:

- Upper Floor, has a constructed area of 503.80 m2. Currently enabled and recognized as Hotel El Pino, it has 9 rooms with private bathroom, five with exterior terrace and four interior with natural light. The rooms have heating and air conditioning, ensuring comfort all year round. It also has a living room, laundry, and two rooms with a toilet currently used as storage and office.

- Ground Floor, with 570.80 m2 built, houses the renowned Grill Casa Chano Restaurant, with capacity for 200 diners. Functional layout with spacious salons, it has a professional kitchen, professional grill, service bar and terrace. Perfect for events, celebrations or daily exploitation.

- Basement semi-floor, with 402 m2 built, currently in mostly raw state, its use is destined for garage and storage. It offers multiple possibilities of adaptation according to need.

The building has horizontal division and includes air rights, which allows future expansions in accordance with current regulations. Strategic location for tourism. Located near the historic center in a quiet attractive environment for hikers and nature lovers, which enhances its appeal for foreign tourism and clients looking to stay in charming rural areas. Its proximity to the town makes it a perfect enclave 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 inherent to the sale (notary, registry, taxes, etc.) are not included in the sale price.